PennEngineering acquired Whitesell Formed Components, with operations in Michigan (Waterford, Romulus and Novi), and Whitesell Canada in Vaughan, Ontario.

Whitesell Formed Components, also known as FabriSteel, manufactures piercing, clinching, and riveting fasteners for the automotive market. Founded in 1920, FabriSteel Products was acquired by the Whitesell Group in 2004 from CVC Partners. 

Whitesell Canada distributes proprietary “design-in” print specific fasteners and components to OEM and Tier 1 automotive companies, as well as general industrial market customers, and will operate alongside Penn Engineering’s existing automotive “make to print” business. 

“We are excited to reunite a 40-year heritage between FabriSteel and PROFIL and have both highly regarded product lines together in our portfolio,” stated Mark Petty, CEO of PennEngineering.

Years ago PROFIL was the European division of FabriSteel.

The acquired businesses will operate under the PENNAutomotive division.

“The acquisition of these outstanding businesses under the PENNAutomotive banner is a key step by PennEngineering in the evolution of our Mechanically Attached Fasteners offering in North America for our automotive and transportation customers, and continues our intense focus on engineered products for assembly,” stated Chris Marx, PennEngineering Chief Commercial Officer.

Founded in 1942, Danboro, PA-based PennEngineering develops and manufactures precision fasteners, components and installation systems, specializing in thin sheet attachment solutions. PennEngineering, which is celebrating its 75 anniversary in 2017, is headquartered at 5190 Old Easton Rd., Danboro, PA 18916. Tel: 215 766-8853 Web: pemnet.com