Tech Industries said it has acquired the assets of Precision Machine & Manufacturing Company (Precision), a 140,000 sq. ft. aerospace manufacturing facility in Grove, OK and Precision Components company (PCC), a 43,000 sq. ft. facility in Owasso, OK on November 17, 2015.
After 50 years, the Caudill Family has decided to sell their majority interest in Precision Manufacturing and Precision Components company.
This acquisition will allow Tech Industries to further their strategic vision of creating a more efficient supply chain. Keith Martin will become the General Manager of both facilities. He has been with Precision since 1999 and will lead multi-talented teams in Grove and Owasso.
Tech Industries supplies complex structural components and major sub-assemblies for leading airframe manufacturers in the commercial aerospace, military fixed wing, rotorcraft, missile/ground support and general aviation industries. Tech is headquartered in Kansas City, MO with locations in North Kansas City, MO, Grove, OK, and Owasso, OK.