White Plains-based K&F Industries to build plant in Georgia
-
- April
- 5
K&F Industries Holdings Inc., a White Plains-based maker of aircraft parts that plans to be acquired by a British company, said this morning that it plans to expand its Engineered Fabrics Corp. operations.
The company said that due to strong military demand for its products, it will build a 60,000-square-foot plant at its subsidiary’s headquarters in Rockmart, Ga. The new plant will help with increased production of de-icing equipment and upholstery for the inside of helicopters. The plant is scheduled to be completed by late summer.
K&F announced last month it planned to be acquired by Meggitt-USA Inc. for $27 a share in cash, or about $1.8 billion.
K&F stock closed yesterday at $26.82, down 8 cents.
This entry was posted
on Thursday, April 5th, 2007 at 9:58 am by Allan Drury.
You can follow any responses to this entry through the RSS 2.0 feed.
Share and Enjoy: 
| 
Print
| 
Email
