-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueVoices of the Industry
We take the pulse of the PCB industry by sharing insights from leading fabricators and suppliers in this month's issue. We've gathered their thoughts on the new U.S. administration, spending, the war in Ukraine, and their most pressing needs. It’s an eye-opening and enlightening look behind the curtain.
The Essential Guide to Surface Finishes
We go back to basics this month with a recount of a little history, and look forward to addressing the many challenges that high density, high frequency, adhesion, SI, and corrosion concerns for harsh environments bring to the fore. We compare and contrast surface finishes by type and application, take a hard look at the many iterations of gold plating, and address palladium as a surface finish.
It's Show Time!
In this month’s issue of PCB007 Magazine we reimagine the possibilities featuring stories all about IPC APEX EXPO 2025—covering what to look forward to, and what you don’t want to miss.
- Articles
- Columns
Search Console
- Links
- Media kit
||| MENU - pcb007 Magazine
Spirit Announces Sale of FMI to Tex Tech Industries
January 14, 2025 | Spirit AeroSystems Holdings, Inc.Estimated reading time: 1 minute
Spirit AeroSystems Holdings, Inc. announced the sale of Fiber Materials Inc (FMI) business based in Biddeford, Maine, and Woonsocket, Rhode Island, to Tex Tech Industries, Inc. (Tex-Tech) for $165 million in cash.
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.
"This transaction is in the best interest of Spirit, the FMI business and the customers it serves," said Irene Esteves, Spirit AeroSystems Chief Financial Officer.
"The acquisition of FMI is highly complementary and strategic for Tex-Tech," said Scott Burkhart, Tex-Tech Chief Executive Officer. "The addition of FMI adds a unique set of high-performance products to our robust portfolio of thermally protective materials. FMI's unique capabilities will allow us to better service the rigorous material requirements in the rapidly growing space and defense industry."
Suggested Items
Boeing to Sell Portions of Digital Aviation Solutions to Thoma Bravo for $10.55 Billion
04/22/2025 | BoeingBoeing has entered into a definitive agreement to sell portions of its Digital Aviation Solutions business, including its Jeppesen, ForeFlight, AerData and OzRunways assets, to Thoma Bravo, a leading software investment firm.
CACI Wins Fourth Edison Award for CrossBeam, an American-made Optical Communications Terminal
04/22/2025 | CACI International Inc.CACI International Inc (NYSE: CACI) announced that it has been awarded a prestigious bronze Edison Award™ for CrossBeam®, the first and only American-made, Space Development Agency-compliant optical communications terminal (OCT) that provides the U.S. government with reliable data communications for long-distance crosslink applications, from space to the warfighter and back.
Altus Honours Scienscope with ‘Fastest Growing and Most Dynamic Supplier’ Award
04/22/2025 | Altus GroupAltus Group, a leading distributor of capital equipment for the electronics industry in the UK and Ireland, has awarded Scienscope, a global provider of high-quality inspection equipment, with the ‘Fastest Growing and Most Dynamic Supplier’ recognition, celebrating their dynamic growth and innovative approach to electronics manufacturing solutions.
Linkage Technologies, Inc. Celebrates 10 Years of Excellence in PCB Solutions
04/22/2025 | Linkage Technologies, Inc.Linkage Technologies, Inc., a premier provider of printed circuit boards (PCBs) sourced from Asia, proudly marks its 10th anniversary, celebrating a decade of exceptional growth, unwavering commitment to quality, and dependable delivery.
Jabil Announces Appointment of New Director to the Board
04/21/2025 | Jabil Inc.Jabil Inc., a global engineering, supply chain, and manufacturing solutions provider, announced that Sujatha Chandrasekaran has been appointed to its Board of Directors.