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PennEngineering to acquire Heyco Products

Precision fastener manufacturer PennEngineering®, Danboro, Pa., has entered into an agreement to acquire Heyco® Products Inc., Toms River, N.J.

Heyco Products designs and manufactures molded wire protection products, plastic fasteners, molded components, and stamped electrical components. The firm will continue to operate as a separate company under the PennEngineering corporate umbrella, with no changes anticipated to its operations, facilities, employees, and brand. Heyco President Bill Jemison will report to Mark Petty, CEO of PennEngineering.