The acquisition will provide the Japanese market with permanent access to PennEngineering's PEM and PROFIL fasteners and installation equipment, the company stated.
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“Being good stewards of global sustainability is a rising priority not only for our organization, but for our customers around the world,” said Matthew Miller, director of environmental, health & safety for North America.
“We are very thankful our emergency procedures were effective, and there were no injuries,” stated president Leonard Kiely.
Danboro, PA-based fastener manufacturer signed an agreement with Irwin Industrial to distribute PEM fasteners in Canada.
New PEM PreTect thread masking plugs from PennEngineering “will protect internal threads of self-clinching nuts and standoffs during paint and powder coating processes.”
Preliminary order had removed Guangdong-based Pinconn from 2017 Las Vegas expo.
PennEngineering served the complaint on Pinconn at Pinconn’s trade show booth on October 18, 2017, during the International Fastener Expo.
New 80,000 sq ft facility becomes the primary manufacturing site for all PEM self-clinching fastener products sold throughout Europe.
Acquired businesses, which include Whitesell Canada, will operate under the PENNAutomotive division.
Danboro, PA-based PennEngineering develops and manufactures precision fasteners, components and installation systems.
Atlas was ranked the top yearly performer among 35 eligible peer suppliers in the “Direct Ship” class.