Fire that gutted SPS Technologies' fastener factory north of Philadelphia caught the attention of top-tier aerospace, Aviation Week reports.
“This state-of-the-art facility has doubled our storage capacity and is equipped with everything needed to ensure a safe, efficient, and user-friendly environment.”
CEO John Plant said the Pittsburgh-based Tier 2 supplier is well positioned to deal with the effects of U.S. tariffs due to strong contracts.
As roughly 100 firefighters battled the explosive blaze, officials closed schools and ordered residents within a mile radius to shelter-in-place.
Expansion strengthens AFC Industry’s presence in the industrial corridor of Mexico, where automotive, aerospace, and manufacturing sectors are thriving.
Germany-based GMT Aerospace manufactures tie-rods and rubber-metal anti-vibration systems for commercial and military aerospace applications.
Latest levy order come three days after the U.S. president ordered a 25% tax on all imported steel and aluminum.
Double-digit gains driven by continued growth in the commercial aerospace market, including wide body aircraft recovery.
New sales manager has 29 years of fastener industry experience, time with DB Roberts, Emhart Fastening Teknologies, and Fastenal.
Fastenal founder, former state senator, and philanthropist helped create an iconic fastener distribution giant in Winona, MN.
Order includes a rule requiring foreign steel and aluminum material to be processed within North America.
U.S. tariffs on Mexico and Canada will likely increase inflation, which domestic fastener distributors will struggle to pass along.
