Infastech, which has a large plant in Decorah, is being bought by Stanley Black & Decker.
The agreement has been announced in a letter to customers and supplies of Infastech. said Infastech would join Stanley's "Engineered Fastening Division."
The present Infastech management team has been asked to join Stanley Black & Decker.
The transaction will not be finalized for several months--probably in the fourth quarter.