Spirit Announces Purchase Agreement with Tex Tech Industries for Intended Sale of Fiber Materials, Inc. (FMI)
Provided By PR Newswire
Last update: Nov 18, 2024
WICHITA, Kan., Nov. 18, 2024 /PRNewswire/ -- Today, Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") announces a purchase agreement to sell Fiber Materials, Inc ("FMI") business based in Biddeford, Maine, and Woonsocket, Rhode Island, to Tex-Tech Industries, Inc. ("Tex-Tech") for $165,000,000 in cash, subject to customary adjustment.
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