HC Pacific Acquires Cleco Temporary Fastener Line
CHINO, CA - HC Pacific, a division within HC Merchandisers Inc., has acquired the California Associated Products (CAP) Cleco temporary fastener product line from Wetmore Tool and Engineering, a company within Sandvik Machining Solutions. Cleco fasteners, along with Cleco pliers and Nova pneumatic Cleco installation tools allow users to hold two pieces of sheet metal together in proper alignment for drilling or riveting.
This acquisition expands HC Pacific’s offering of aerospace fastener products and adds key manufacturing capabilities into its business.
"This California Associated Products acquisition is transformative and directly aligned with HC Pacific’s aggressive growth strategy," said Andrew Pramschufer, President of HC Pacific. "Our team is excited to provide a full line of Cleco temporary fasteners to aerostructure OEMs and MROs worldwide.”
HC Pacific is a leading global distributor, manufacturer, and provider of innovative supply chain optimization services for over 48 years. Since our inception in 1971, HC Pacific has been a one-stop source for specialty raw materials, precision fasteners, electronic hardware, and components / line-replacement units for various aerospace applications.
Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and safety. It holds world-leading positions in selected areas – tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining industry and rock excavation within the construction industry; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2018, the Group had approximately 42,000 employees and revenues of about 100 billion SEK in more than 160 countries within continuing operations http://www.sandvik.com