The Right Approach: Get Ready for ISO 9001 Version 6
Dan’s Biz Bookshelf: ‘Still Broke: Walmart’s Remarkable Transformation'
Driving Innovation: Depth Routing Processes—Achieving Unparalleled Precision in Complex PCBs
Spirit Announces Purchase Agreement with Tex Tech Industries for Intended Sale of FMI
November 19, 2024 | Spirit AeroSystems, Inc.Estimated reading time: Less than a minute
Spirit AeroSystems Holdings, Inc. announces a purchase agreement to sell Fiber Materials, Inc (FMI) business based in Biddeford, Maine, and Woonsocket, Rhode Island, to Tex-Tech Industries, Inc. for $165,000,000 in cash, subject to customary adjustment.
FMI is an industry leader in high-temperature materials and reinforced composites, with a focus on Carbon / Carbon and related composites. FMI's applications include thermal protection systems, re-entry vehicle nose tips, and rocket motor throats and nozzles. FMI's products are installed on critical defense platforms as well as NASA programs such as Stardust, Mars Curiosity, Orion, and Mars 2020. The program employs approximately 400 engineers and production personnel.
"Tex-Tech is excited to add FMI's unique array of high-performance products to our existing portfolio of offerings for the rapidly growing space and defense industry," said Scott Burkhart, Tex-Tech Chief Executive Officer. "Our customers demand world-class solutions, and the integration of FMI bolsters our ability to meet those demands."
Share on:
Testimonial
"The I-Connect007 team is outstanding—kind, responsive, and a true marketing partner. Their design team created fresh, eye-catching ads, and their editorial support polished our content to let our brand shine. Thank you all! "
Sweeney Ng - CEE PCBSuggested Items
YINCAE Showcases High-Performance Materials at IMAPS 2025
09/03/2025 | YINCAEYINCAE, a global leader in advanced electronic materials, is set to showcase its latest innovations in underfill, die attach, and liquid metal technologies at IMAPS, San Diego, September 30 - October 1.
Panasonic Features Incap UK in New Case Study on Sustainable SMT Growth
08/29/2025 | IncapIncap UK’s latest SMT upgrade has been recognised by Panasonic in a newly published case study, highlighting our long-term commitment to smarter, more sustainable electronics manufacturing.
Korea Zinc and Lockheed Martin Forge Strategic Partnership
08/26/2025 | PRNewswireYun B. Choi, Chairman of Korea Zinc (KRX:010130), the world's largest zinc smelter, has signed a Memorandum of Understanding (MOU) with Lockheed Martin, the world's leading defense company, on August 25 for the supply and procurement of germanium and cooperation in the critical minerals supply chain.
Meet Incap UK at the Electronic Component Show 2025
08/20/2025 | IncapIncap UK is pleased to be exhibiting at the Electronic Component Show 2025. This one-day event will take place on 18 September at the Kassam Stadium in Oxford, bringing together design engineers, purchasing professionals, manufacturers, distributors, and service providers to discover new products, solutions, and contacts. You will find us at stand 52.
Chungnam National University Researchers Develop Next-Gen Zinc Batteries: Artificial Polymer Nanolayers Improve Zinc Battery Stability
08/13/2025 | PRNewswireSeeking to improve zinc-ion batteries as a safe and affordable alternative to lithium-ion batteries, researchers have developed a new zinc-bonded polyacrylic acid (ZHP) layer that prevents dendritic growth and stabilizes the anode.