Jason Sandefur

Aerospace component maker Esterline Corp. announced plans to buy NMC Group (Nylon Molding Corp.) for $90 million in cash. The deal should close within 45 days.
NMC designs and manufactures specialized fasteners for the aerospace and defense industry. NMC will continue to run as a stand-alone operation reporting to Esterline Engineered Materials in Brea, CA.
First incorporated in 1946, NMC employs 100 people at its 50,200 sq ft facility in Pomona, CA. The company is led by CEO Douglas Stephen and president Robert Stephen. Web: nmcgroup.com
Esterline Corp. is a specialty manufacturer serving aerospace and defense markets, with facilities in 12 U.S. states, as well as Canada, France, Germany and the UK. Web: esterline.com �2008 FastenerNews.com