Organic revenue growth reached 8%, driven by strong demand in aerospace and automotive markets.
Facility will manufacture a range of micro-fasteners catering to both the domestic market and exports.
Jacqi (Munoz) F. started working for Optimas in 2024 as Senior Quality Engineer.
Industrial Fasteners Institute program standardizes the training of skilled manufacturing workers and prepares them for long-term careers.
Optimas Solutions has agreed to sell its international business segment to Exponent, a European private equity firm.
Previous experience includes working for Culp Inc. and Camco Manufacturing.
Minneapolis-based Aero-Space Computer Supplies distributes engineered fasteners and electromechanical components.
New hire earned an AA in Business Administration and Management from Jefferson State Community College.
Twenty-six year fastener industry veteran was promoted to Senior Sales Director in Europe.
Export volumes are expanding, while prices remain under pressure from global competition, new capacities in emerging markets, and volatility in inflation and raw material costs.
SPS Technologies will rebuild its facility as a 350,000 sq ft aerospace manufacturing plant on the site of its former factory, which was destroyed by fire the company blames an explosion inside a compressed air system.
Racks have an image recognition system to enable fully automated banding, using cameras to detect whether cardboard cases lack plastic bands and applying them as needed.
