Fairchild Auto‑Mated Parts Sold to Fairchild Industries
October 3, 2022
Fairchild Auto‑Mated Parts, a Winsted, Connecticut precision machining company, was sold by owner Jake Thompson to Fairchild Industries, Inc. (with Leland Licciardi as the new owner) in a transaction that closed October 3, 2022. The buyer plans to invest in facilities and machining capabilities to expand production capacity and preserve the business locally as the seller retires.
- Buyers
- Fairchild Industries, Inc., Leland Licciardi
- Targets
- Fairchild Auto‑Mated Parts, Inc.
- Sellers
- Jake Thompson
- Industry
- Manufacturing
- Location
- Connecticut, United States
- Transaction Type
- Buyout
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