HC Pacific Announces Business Acquisition

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HC Pacific Acquires Cleco Product Line

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. This acquisition not only expands HC Pacific’s offering of aerospace fastener products but it also adds key manufacturing capabilities into the 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.”

About HC Pacific
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. For more information, please visit http://www.hcpacific.com.

About Sandvik Group
Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and safety. We hold 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

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Amanda Meeks
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