US-based propulsion manufacturer Beehive Industries has acquired the assets of Able Tool Corporation and its subsidiary Planet Products Corporation, two precision machine shops in the Greater Cincinnati area. The deal lands as the company’s Frenzy engine moves into full-rate production, following a year of ground and high-altitude testing of the Frenzy 8 and a $29.7…
US-based propulsion manufacturer Beehive Industries has acquired the assets of Able Tool Corporation and its subsidiary Planet Products Corporation, two precision machine shops in the Greater Cincinnati area. The deal lands as the company’s Frenzy engine moves into full-rate production, following a year of ground and high-altitude testing of the Frenzy 8 and a $29.7…