Cherry Aerospace is a manufacturer of aerospace rivets and fasteners. Since 2007 they have been owned by Precision Castparts and doing business as Cherry Aerospace, a member of PCC’s SPS Fastener Division. PCC reportedly purchased Cherry for $300 million in cash. The first Cherry Rivet was produced after earning its patent in 1939. Up to this time rivets had to be installed by two workers, one on each side of the application, one would use the rivet hammer and the other would use a bucking bar to set the rivets. The new design by Carl Cherry allowed rivets to be set by one worker on the insertion side. Using a nail shaped steel mandrel Cherry could set the hollow aluminum rivet from one side. From 1951 to 2007 Cherry rivets was owned by Textron Aerospace Fasteners.

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