7/25/2011
NEWS BRIEFS
Alcoa Fastening Systems Extends Territory of Acument Torx Plus Drive License
Alcoa Fastening Systems signed an amendment to its current Torx Plus drive license agreement with Acument Global Technologies Inc. to extend the territory of the original patent license agreement to allow manufacturing in the United Kingdom, France and Germany.
“This amendment paves the way for further cooperation between our two companies and enables AFS to better serve our European customers from our newly acquired facilities in the United Kingdom,” said Craig Brown, Vice President, Global Aerospace Customers and Marketing.
“We look forward to collaborating with Acument to extend the market for innovative aerospace fasteners with Torx Plus drive recess.”
AFS and Acument signed the original patent license agreement in 1993.
Sterling Heights, MI-based Acument employs about 2,300 workers throughout North and South America. Web: acument.com
Torrance, CA-based AFS has over 6,000 employees at 32 manufacturing and distribution/logistics locations in 11 countries. Web: alcoafasteners.com ©2011 GlobalFastenerNews.com
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