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Tex-Tech Industries completes acquisition of Fiber Materials from Spirit AeroSystems · Endata

◂ Announcements

Aerospace Componentsworld trade 2024+1.2% 5Y CAGR

Industrial Textilesworld trade 2024+2.0% 5Y CAGR

Jan 13, 2025ACQUISITIONBiddeford, Maine; Woonsocket, Rhode Island, United States

Tex-Tech Industries completes acquisition of Fiber Materials from Spirit AeroSystems

Tex-Tech Industries completed the acquisition of Fiber Materials, Inc. from Spirit AeroSystems. FMI, based in Biddeford, Maine, and Woonsocket, Rhode Island, is a leader in high-temperature materials and reinforced composites, employing approximately 400 people.

Jobs

400

Status

Completed

Productshigh-temperature materialsreinforced compositescarbon/carbon compositesthermal protection systems

CompaniesSpirit AeroSystems partner Fiber Materials Inc. target Tex Tech Industries acquirer

Sectors#Aerospace Components #Industrial Textiles

“The acquisition of FMI is highly complementary and strategic for Tex-Tech.”textechindustries.com

1 source
textechindustries.comPress Release - Tex Tech IndustriesJan 13, 2025

Summarized from public sources; check the original articles before acting on it.

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