wiredinUSA August 2012

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Precision Aerospace Components, a supplier of fasteners and components to the military and aerospace industries under its Freundlich Supply and Tiger-Tight companies, has acquired the assets of Fastener Distribution andMarketing Company (FDMC). FDMC is the parent company of Aero-Missile Components, (AMC) and Creative Assembly Systems (CAS). AMC provides fasteners and other components to the military and aerospace industries; CAS provides fasteners and other products to the transportation and housing infrastructure markets. Announcing the transaction, Andrew Prince, president and CEO of Precision Aerospace Components, said, “This transac- tion complements all four oper- ating companies by providing access to greater combined Fastener acquisition

resources serving a broader addressedmarket. I amexcited about bringing these two management teams together to further the company’s long term objectives.” Richard McVaugh, an expe- rienced fastener industry executive and president of FDMC, will assume the role of president of each of the Precision Aerospace subsidiaries.

wiredInUSA - August 2012

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