MEIDOH Co., Ltd., an international leader in the production of automotive fasteners, announced it has acquired Pilgrim Screw Corporation d/b/a Pilgrim Aerospace Fasteners (“Pilgrim”).
Pilgrim is a leading manufacturer of screws, bolts, rivets, clevis pins, and other fasteners for the aerospace market with manufacturing operations located in Chandler. Pilgrim’s customers include some of the world’s biggest names in the aerospace industry.
MEIDOH, a third-generation company owned by the Hasegawa family, is the premier supplier of bolts to Toyota. They have manufacturing plants in Japan, China, Indonesia, Thailand, and the United States with more than 2,000 employees worldwide.
“Pilgrim is a trusted supplier to the aerospace industry,” said Yasutaka Hasegawa, the President & CEO of MEIDOH. “This acquisition will allow us to diversify our business while furthering our mission of being the world’s number one fastener manufacturer.”
“MEDIOH is a recognized leader in our industry, and we felt they were the right partner, at the right time,” said Geoff Grove, President of Pilgrim Aerospace Fasteners. “With MEDIOH’s resources, Pilgrim will reach a new level of growth and success.”
Pilgrim established its Chandler operations in 1998. There are currently 50 employees at the 24,500-square-foot facility, located at 2875 W. Frye Road within the Price Corridor. The property includes land for future growth.
Full news release
|