PRATT&WHITNEY BUYING NORDAM REPAIR BUSINESS
Pratt&Whitney agreed to buy The Nordam Group's Propulsion Systems Division (PSD), the first outright acquisition under a plan to increase P&W's overhaul work from a $300 million business in 1994 to a $1 billion core enterprise by 1998. Located in Springdale, Ark., PSD repairs engine cases, frames...
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