Air Industries acquires Eur-Pac

Air Industries acquires Eur-Pac

Bay Shore-based manufacturer Air Industries Group has acquired a Connecticut-based military packaging and supplies company.

Company officials declined to specify the terms of the acquisition, noting only that Eur-Pac Corp. of Waterbury, Conn., is the Air Industries Group’s first acquisition outside of Long Island. Eur-Pac will be operated as a separate and independent platform company of Air Industries; the Connecticut firm’s two principals – sons of Eur-Pac’s founder – will stay on and manage the company “for two years following the closing,