PrecisionX Group Acquires Florida-Based MSK Precision Products, Inc.
September 27, 2024
PrecisionX Group, a portfolio company of CORE Industrial Partners (CORE), is pleased to announce the acquisition of MSK Precision Products, Inc. (MSK), 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,” said Chris Huntington, CEO of PrecisionX. “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. These companies strengthen PrecisionX’s position as a committed provider of advanced manufacturing solutions.
With the addition of MSK, PrecisionX expands its global footprint to over 250,000 square feet of contract manufacturing space. Located in Tamarac, FL, MSK’s 35,000-square-foot facility supports manufacturing, assembly, and packaging
ABOUT PRECISIONX GROUP:
PrecisionX Group provides precision metal components for critical-use applications in growth-oriented end markets, including aerospace & defense, medical device, satellite and space, electric vehicle, mining, semiconductor, and other industrials. Headquartered in Waterbury, Connecticut, the company utilizes deep draw and progressive stamping, as well as Swiss screw, CNC, and wire EDM machining technologies to manufacture high-precision components from prototyping through high-volume production. For more information, visit www.precisionxmfg.com.
ABOUT CORE INDUSTRIAL PARTNERS:
CORE is an industrials-focused private equity firm with more than $1.58 billion in total limited partner capital commitments across four funds investing in North American lower middle-market manufacturing, industrial technology, industrial services, and consumer products businesses. With offices located in Chicago, Austin and Cleveland, CORE’s team is comprised of highly experienced former CEOs and investment professionals with shared beliefs, deep experience, and a demonstrated track record of building market-leading businesses. Through our capital, insight, and operational expertise, CORE partners with families, entrepreneurs and management teams and strives to build best-in-class companies. For more information, visit www.coreipfund.com.
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