MELVILLE, N.Y., Sept. 15, 2017 /PRNewswire/ -- P&F
Industries, Inc. (NASDAQ: PFIN) today announced its wholly-owned
subsidiary, Hy-Tech Machine, Inc. has acquired the assets of
Ohio-based NUMATX, Inc., makers of
the one of the world's smallest, lightest, aerospace-grade
C-Squeezer and Alligator Squeezer riveters.
Richard Horowitz, P&F's
Chairman, President, and Chief Executive Officer commented,
"Lighter, quieter, more compact and versatile, NUMATX riveters have
become a favorite of both a number of commercial aerospace
companies and "homebuilt" aircraft enthusiasts. Added benefits of
this technology are that it reduces operator fatigue and improves
product quality. We think bringing safer, more efficient tools to
our markets is a great way to differentiate our business and we are
thrilled to add NUMATX tools to the P&F family of
products."
About P&F Industries, Inc.
P&F Industries, Inc., through its wholly owned subsidiaries,
manufactures and/or imports air-powered tools and accessories, sold
principally to the retail, industrial, automotive and aerospace
markets. P&F's products are sold under its own trademarks
and other trade names, as well as under the private labels of major
manufacturers and retailers.
www.pfina.com
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content:http://www.prnewswire.com/news-releases/pf-adds-innovative-aerospace-grade-hydropneumatic-riveter-line-with-acquisition-of-the-assets-of-numatx-inc-300520362.html
SOURCE P&F Industries, Inc.