Tenax Aerospace and Air Industries Group Announce Strategic Combination to Form Scaled Aerospace and Defense Platform

BAYSHORE, N.Y. & RIDGELAND, Miss.--(BUSINESS WIRE)--Tenax Aerospace Acquisition, LLC ("Tenax†) and Air Industries Group ("Air†) (NYSE American: AIRI) jointly announced today that they have entered into an Agreement and Plan of Merger ("Merger Agreement†) to combine Tenax's special mission aviation business with Air's precision aerospace manufacturing business. The merging of the companies will create a larger and more diversified company well-positioned to serve the needs of their government an. ...