Credit: Molly McMillin
Troubled Tier 1 aerostructures supplier Spirit AeroSystems of Wichita is selling its Fiber Materials (FMI) business based in Biddeford, Maine, and Woonsocket, Rhode Island, to Tex-Tech Industries for $165 million in cash. Spirit bought FMI in January 2020 as part of an effort to both diversify its...
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