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Spirit AeroSystems' Fiber Materials Inc. sale is now a wrap
"This transaction is in the best interest of Spirit, the FMI business and the customers it serves," Spirit's CFO said.
Spirit AeroSystems announces sale of Fiber Materials Inc. to Tex Tech Industries
Wichita-based Spirit AeroSystems announced the sale of Fiber Materials Inc. to Tex Tech Industries, Inc. The deal is worth $165 million in cash.
Spirit AeroSystems’ Stock In Spotlight After $165M Sale Of Fiber Materials To Tex-Tech Industries: Retail’s Unconvinced
Shares of Spirit AeroSystems Holdings Inc (SPR) were in the spotlight on Monday after the firm announced the sale of Fiber Materials Inc (FMI) based in Biddeford, Maine, and Woonsocket, Rhode Island,
Spirit AeroSystems divests composites producer Fiber Materials
Wichita aerostructures supplier Spirit AeroSystems has sold Fiber Materials, a manufacturer of high-temperature materials for defence applications, to aerospace firm Tex Tech Industries for $165 million.
Spirit selling Fiber Materials to Tex Tech
Wichita-based Spirit AeroSystems announced the sale of Fiber Materials Inc. to Tex Tech Industries, Inc. The deal is worth $165 million in cash.
Spirit AeroSystems sells Fiber Materials to Tex Tech Industries for $165M cash
Spirit
AeroSystems
(SPR) announced the sale of Fiber Materials business based in Biddeford, Maine, and Woonsocket, Rhode Island, to Tex Tech Industries for $165M in cash. FMI is an “industry leader” in high-temperature materials and reinforced ...
Tex-Tech completes $165M buy of Fiber Materials, adds 400 jobs
Tex-Tech Industries Inc. said Monday it has completed the $165 million cash purchase of Fiber Materials Inc. from Spirit AeroSystems Inc. that expands its overall company workforce by 400 employees.
Spirit Announces Sale of Fiber Materials Inc. (FMI) to Tex Tech Industries
Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") announced the sale of Fiber Materials Inc ("FMI") business based in Biddeford, Maine, and Woonsocket, Rhode Island,
Spirit AeroSystems selling Fiber Materials to Tex Tech
Wichita-based Spirit AeroSystems announced the sale of Fiber Materials Inc. to Tex Tech Industries, Inc. The deal is worth $165 million in cash.
Aviation Week
4d
Spirit Prestwick Divestiture ‘Progressing,’ Airbus’ Scherer Says
Spirit AeroSystems is making progress in its bid sell its Prestwick, Scotland, facility that supports Airbus programs as part ...
3d
Fears mount for 2,700 jobs at Belfast aeroplane wing factory
Concerns are mounting for 2,700 jobs at Northern Ireland’s largest private employer amid uncertainty over a takeover deal.
7d
What’s In Store For Boeing Stock In 2025?
While other aerospace stocks have done well, with GE stock rising 65% and Airbus ADR up 5%, Boeing has itself to blame for ...
3d
2024 was a big year for the stock market. How did Wichita's public companies fare?
As for Spirit (NYSE: SPR), the major aerospace supplier and Wichita's largest employer, its stock rose 8% from market open on ...
6d
Spirit Ex-Employees Lose Class Age Bias Appeal Over Job Cuts (1)
Former Spirit AeroSystems Holdings Inc. employees lack evidence of a pattern of intentional age discrimination in a 2013 ...
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