Arlington Capital Partners to Sell Tex-Tech to Michelin; New Company FMI Industries Established
DEFENSE
Arlington Capital Partners is set to sell Tex-Tech, a North Carolina manufacturer for aerospace and defense sectors, to Michelin, with the transaction expected to finalize in the first half of 2026. This acquisition will lead to the establishment of FMI Industries, a new company based in California, to be headed by former Tex-Tech CEO Scott Burkhart. Financial details of the deal remain undisclosed.

Jan 3, 2026, 7:22 AM