Monday, June 18, 2012

Pemco deal nears

MOBILE, Ala. -- Vision Technologies Aerospace Inc. received approval from U.S. Bankruptcy Court to acquire the Tampa aerospace maintenance facility and certain assets of Pemco World Air Services Inc., according to the Mobile Press-Register. It will be held under a newly incorporated entity owned by VT Aerospace, which operates ST Aerospace Mobile. The acquisition is expected to close in July. (Source: Mobile Press-Register, 06/18/12) Previous