WHI Global said Tuesday it acquired the assets of Aero-Bond Corp. through affiliated entity Aerobond Composites LLC. Headquartered in Springfield, Mass., Aerobond is a manufacturer of composite structures and assemblies for aerospace and defense applications.
Based in Fairfield, WHI is a vertically integrated manufacturer of precision components, composite structures and assemblies for the aerospace and defense markets. Together with Aerobond, WHI now offers a comprehensive suite of aerospace manufacturing capabilities for its customers.
WHI said it also recently completed the purchase of a Makino MAG3 5-axis high-speed CNC milling machine with a 10-pallet MMC2 system, as well as four Makino A81/A88 hard metal CNC milling machines with a 20-pallet MMC2 system. The machines are being installed in WHI’s facilities in Fairfield and in Tulsa, Okla., and are expected to come online in the first quarter of 2020.
Financing for the acquisition and equipment investments was provided by J.P. Morgan and Morgan Stanley Private Credit. Morrison Cohen LLP served as legal counsel to WHI.