Global Fastener News

1988 FIN – BF Goodrich to Fund Rivnut Engineered Upgrades at Indiana Plant

January 10
00:00 2014

 

March 7, 1988 FIN – Rivnut Engineered Fasteners, a unit of B.F. Goodrich Aerospace & Defense Division, will receive funding this year from its parent company for use in its manufacturing facility in Kendallville, Indiana.
The funding is part of an overall B.F. Goodrich plan to make considerable investments in its aerospace businesses. Funding will come from some of the proceeds from the sales of its interest in Uniroyal Goodrich in 1987.
Patricia A. Johns, newly appointed general manager of the Rivnut operations, tells FIN that the unit will receive “a significant amount” of money to upgrade its equipment because of its recent and anticipated growth.
Johns added that the entire Aerospace & Defense Division will be more active in seeking acquisitions and growth opportunities, which may, depending on the opportunity, involve Rivnut.
Rivnut Engineered Fasteners, established 50 years ago, was originally established to manufacture a type of metal fastener to attach de-icing equipment to aircraft. The company has grown to offer hundreds of Rivnut fastening systems used in the aerospace, defense, automotive and consumer products industries.
Johns has been with BF Goodrich for seven years, her most recent four years with Rivnut. Before being named general manager, she was marketing manager. In her new position Johns will be responsible for all R&D, engineering, manufacturing and marketing.
Two others recently joined the company in management positions. Martin J. Kardish has been named eastern regional sales manager, responsible for sales in the eastern half of the U.S. John G. Hayes has been named as a plant manager for Rivnut’s Kendallville manufacturing facility. ©1988/2014 Fastener Industry News.
For information on permission to reuse or reprint this article please e-mail: FIN@GlobalFastenerNews.com

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