Opinion: How Aerospace Can Improve Its Risk Management
The fire at SPS Technologies in Jenkintown, Pennsylvania, in mid-February showed the risk of aging factories and sclerotic supplier situations.
Credit: Matt Roarke/AP
An explosion and fire at SPS Technologies, a Precision Castparts Corp. plant in Jenkintown, Pennsylvania, in February devastated the facility and its capabilities to produce highly specialized and high-strength aerospace fasteners, nuts, bolts and machined components for commercial and defense...
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