Busy acquisition time for PrecisionX Group

PrecisionX Group acquired New York-Based Ditron Inc. and Florida-Based MSK Precision Products Inc. during the month of August.

Mergers and acquisition image
PrecisionX Group makes two more acquisitions.
CREDIT: AdobeStock_162212608_By_Atstock_Productions

PrecisionX Group, a portfolio company of CORE Industrial Partners (CORE), recently acquired Stormville, New York-based Ditron Inc. a manufacturer of small, micro, and micro-miniature stamped parts and components for critical use applications in multiple growth industries, including aerospace, defense, medical, and semiconductor. 

“Ditron brings a wealth of engineering experience, offering customers a seamless partnership from product design and proof-of-concept through full-scale production and delivery,” says Chris Huntington, CEO of PrecisionX. “The addition of Ditron is a strategic milestone for PrecisionX as it enhances our core capabilities and expands our portfolio to include manufacturing of small, micro, and micro-miniature stamped parts.”

Then, toward the end of August PrecisionX Group acquired MSK Precision Products Inc., a key provider of manufacturing and assembly of high-precision components for the medical, aerospace, defense, and telecommunications industries.

“The acquisition of MSK reinforces our commitment to delivering quick-turn, state-of-the-art contract manufacturing services,” Huntington says. “MSK’s experience in precision component manufacturing, coupled with their unwavering dedication to quality, significantly enhances our offerings to our medical device and aerospace customers.”

MSK is widely recognized for its leadership in precision Swiss-style turning, CNC milling, CNC turning, and wire EDM of high-performance alloys, including titanium and Inconel. MSK’s core competency in machining high-precision components for critical-use applications fits perfectly with the PrecisionX manufacturing organization. 

MSK now joins an experienced group of manufacturing companies under PrecisionX, including Ditron, Inc., specialists in small, micro, and micro-miniature stamped parts; National Manufacturing, known for deep-drawn components and precision machining; GEM Manufacturing, providers of precision deep-drawn metal components; and Coining Manufacturing, specialists in progressive stamping and Swiss machining of high-performance alloys such as Inconel.

With the addition of MSK, PrecisionX expands its global footprint to more than 250,000ft2. Located in Tamarac, FL, MSK’s 35,000ft2 facility supports manufacturing, assembly, and packaging operations and holds certifications in AS9100D, ISO 9001, and ISO 13485.