6/9/2015 4:52:00 PM
NEWS BRIEFS
MacLean-Fogg Sells Aerospace Fastener Business
Fort Worth-based Novaria Group acquired Sky Mfg. (formerly MacLean Sky), a manufacturer of aircraft structural fasteners, from MacLean-Fogg Component Solutions.
Novaria plans for the operation to continue doing business as Sky Manufacturing.
“Sky’s capabilities further enhance and diversify our position in the aerospace fastener market,” said Bryan Perkins, co-CEO and president of Novaria Group. “We developed a working partnership with MacLean-Fogg, and it quickly became apparent to us that Sky is an excellent fit with Novaria’s business model.”
Sky provides high-strength, close tolerance, fatigue-rated fasteners, serving the global commercial aerospace and military markets. Sky’s certified aerospace products include 12-point spline bolts, 12-point double-hex bolts, hex head bolts, flush head bolts, and internal drive bolts using high-strength alloys such as Inconel, stainless steel, and titanium.
Sky will operate within Novaria’s Class-C Hardware Platform, led by Monty Gillespie, Novaria’s Class-C Hardware president.
MacLean-Fogg fastener components president Dave Lomasney added: “We believe this is the right strategic move for Sky and that Novaria’s reputation and approach to the aerospace market will support the next phases of Sky’s growth and customer approvals.”
Founded in 1997, Sky operates a total of 20,000 sq. ft. in Commerce, CA, with a total of 50 employees. Sky is headquartered at 5989 Rickenbacker Rd, Commerce, CA, 90040. Tel: 323 869-0150 Web: skyaeroproducts.com
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