Black & Decker To Pay $850M For Hong Kong Fastener Co.
Infastech is a leading manufacturer of mechanical fasteners used in the industrial, electronics, automotive, construction and aerospace industries. The company employs more than 2,000 workers and generates approximately $500 million in revenues, Black & Decker said.
The acquisition of Infastech will reduce Black & Decker costs associated with the fastener business...
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