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Heyco® Products will continue to operate as a separate company under the PennEngineering® corporate umbrella and its highly regarded brand will remain unaffected. Bill Jemison, president of Heyco, will continue to lead the company with the existing Heyco management team. He will report to Mark Petty, CEO of PennEngineering.
“PennEngineering and Heyco share a common culture of solid brand recognition and quality engineered products, with a strong R&D and customer service focus,” said Petty. “This will allow for a seamless transition. The acquisition will diversify the PennEngineering product portfolio by expanding into engineered plastic fasteners, components and wire protection products. Additionally, Heyco will benefit from the wide range of resources that PennEngineering can provide.”
Founded in 1926, Heyco Products designs and manufactures moulded wire protection products, plastic fasteners, moulded components and stamped electrical components to meet the needs of industrial, medical, appliance, transportation, alternative energy, lighting, and aerospace companies. With a well known brand name, Heyco also brings with it a modern, globally certified, US-based manufacturing facility with vast expertise in injection moulding, progressive stamping, over moulding, and assembly processes and techniques.
Founded in 1942, PennEngineering is a global leader in the development and manufacture of precision fasteners, components and installation systems, specialising in thin sheet attachment solutions. The company operates fastener manufacturing facilities and key sales offices in North America, Europe, and Asia, and is supported by a worldwide network of authorised engineering representatives and distributors.
-The 18th China(Guangzhou)Int’l Fastener
& Equipment Exhibition
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