Spirit AeroSystems sells Fiber Materials to Tex-Tech for $165M
Spirit AeroSystems has agreed to sell its Fiber Materials, Inc. (FMI) business, based in Biddeford, Maine and Woonsocket, Rhode Island, to Tex-Tech Industries for $165 million in cash. FMI produces high-temperature materials and reinforced composites for defense and space applications.
Productshigh-temperature materialsreinforced compositescarbon/carbon composites
“Tex-Tech is excited to add FMI's unique array of high-performance products to our existing portfolio of offerings for the rapidly growing space and defense industry.”spiritaero.com
- 4 sources
- spiritaero.comSpirit Announces Purchase Agreement with Tex Tech Industries for Intended Sale of Fiber Materials, Inc. (FMI) | Spirit AeroSystemsSpirit AeroSystemsNov 18, 2024
- nasdaq.comSpirit Announces Purchase Agreement with Tex Tech Industries for Intended Sale of Fiber Materials, Inc. (FMI) | NasdaqNov 18, 2024
- prnewswire.comSpirit Announces Purchase Agreement with Tex Tech Industries for Intended Sale of Fiber Materials, Inc. (FMI)Spirit AerosystemsNov 18, 2024
- govconwire.comSpirit to Sell Fiber Materials Inc. Business to Tex TechChristine ThroppNov 19, 2024
Summarized from public sources; check the original articles before acting on it.
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