Private Equity-Backed Shimtech Rolls Up FTC Fastener Provider

Private equity-backed Shimtech Industries, a holding company that focuses partly on acquiring smaller aerospace and defense suppliers, has purchased Fastener Technology Corp. (FTC), a California provider of high-strength specialty fasteners for commercial and military aerospace. FTC was founded by...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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