Wilen Investment Management Corp. adds Air Industries Group Inc (AIRI) to its portfolio

Air Industries Group Inc (AIRI) : Wilen Investment Management Corp. added new position in Air Industries Group Inc during the most recent quarter end. The investment management firm now holds 22,672 shares of Air Industries Group Inc which is valued at $103,158 , the company said in a statement filed on Aug 2, 2016 with the SEC.Air Industries Group Inc makes up approximately 0.06% of Wilen Investment Management Corp.’s portfolio.

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Air Industries Group Inc opened for trading at $4.35 and hit $4.35 on the upside on Monday, eventually ending the session at $4.3, with a gain of 0.70% or 0.03 points. The heightened volatility saw the trading volume jump to 6,449 shares. Company has a market cap of $33 M.

Air Industries Group (AIRI) is an aerospace and defense company. AIRI along with its subsidiaries manufactures and designs structural parts and assemblies that focus on flight safety including landing gear arresting gear engine mounts flight controls throttle quadrants jet engines and other components. AIRI operates through three segments: Complex Machining Aerostructures and Electronics and Turbine Engine Components. The Complex Machining segment consists of Air Industries Machining Corp. (AIM) and Nassau Tool Works Inc. (NTW). The Aerostructures and Electronics segment consists of Welding Metallurgy Inc. (WMI) Woodbine Products Inc. (WPI) Miller Stuart Inc. (MSI) Eur-Pac Corporation (Eur-Pac) and Electronic Connection Corporation (ECC). The Turbine Engine Components segment consists of AMK Welding Inc. (AMK) and The Sterling Engineering Corporation (Sterling). AIRI also provides sheet metal fabrication of aerostructures tube bending and welding services.

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