Allied Electronics & Automation continues to grow its list of more than 450 world-class suppliers with the addition of Browning, McGill, Sealmaster, Fuji Electric, Heyco, Lutze, and Bimba MFD. As part of its ongoing effort to deliver even greater selection and service to customers, Allied has expanded the capacity of its Fort Worth distribution center,…
PennEngineering ® Enters Into Agreement to Acquire Heyco ® Products Inc.
PennEngineering® (Danboro, PA, USA) has entered into an agreement to acquire Heyco® Products Inc. (Toms River, NJ, USA), it was announced by both companies. Terms of the agreement were undisclosed and no changes are anticipated regarding Heyco’s operations, facilities, and employees. The acquisition is expected to expand sales growth opportunities for both companies. Heyco Products…