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NORTH AMERICA NEWS
Shimtech Industries acquires Fastener Technology Corp
Shimtech Industries has acquired Fastener Technology Corp, a North Hollywood based supplier of speciality fasteners for aerospace applications.
PennEngineering acquires Tokyo-based Eurotec
Pennsylvania-based PennEngineering has acquired Tokyo's Eurotec Ltd, which will join the existing brands under PennEngineering's corporate umbrella.
Bulten acquires PSM International for $24.5 million
Bulten has signed an agreement to acquire all shares in PSM International Holdings for $24.5 million to strengthen its international position.
Supply chain fears as Boeing suspends 737 Max production
Boeing suspends 737 Max production as stockpiles of the grounded aircraft reach 400, prompting concerns for the singificant supply chain for the aircraft