SPS to rebuild destroyed plant, plans to reopen it by 2028
A fire on February 17 destroyed over 80% of SPS Technologies’s 560,000-square-foot aerospace fastener plant in Jenkintown, PA. Parent firm Precision Castparts Corp will rebuild, planning a 350,000-square-foot LEED-certified site by early 2028, rehiring some displaced employees and enhancing fire safety and environmental protections.