Alcoa Buys Fairchild Fasteners from Fairchild Corporation to Become Alcoa Fastening Systems
In 2002, Alcoa bought Fairchild Fasteners from the Fairchild Corporation, an aerospace company under the leadership of one Jeffery Steiner, for $657 million–in cash! The union between Alcoa and Fairchild Corp produced the entity known as Alcoa Fastening Systems.
In purchasing Fairchild Fasteners from the Fairchild Corporation, Alcoa Inc combined the division with its […]