Buyout from US parent creates East Lancashire aerospace toolmaker group

Kaman Tooling is operating under new ownership (KTL Tooling) following a recent acquisition deal for an undisclosed sum that saw it break away from American aerospace group Kaman Corporation. The specialist tooling manufacturer now forms part of an enlarged toolmaker group, which includes Accrington-based G Parker Aero Tooling Solutions. Both businesses are spearheaded and wholly-owned by Accrington-based Michael Parker. Michael Parker is also joined at KTL Tooling by new non-executive chairman, Dave Roberts, who brings signi... For the full story register now for free or login below...
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