Pexco LLC Acquires Precise Aerospace Manufacturing, Inc.

JOHNS CREEK, Ga.--(BUSINESS WIRE)--Aug 12, 2024--

Pexco LLC, a leading North American specialty plastics processor, is pleased to announce the acquisition of Precise Aerospace Manufacturing, Inc. Based in Yorba Linda, CA, Precise Aerospace Manufacturing is a leading full-service supplier of injection, compression, transfer molded plastic, and value added assembly and contract manufacturing, with expertise in tight tolerance custom molding of high performance thermoplastic materials such as PEEK, Torlon®, Ultem® and Ryton®.

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Pexco is expanding its capabilities in becoming your one source for all high-performance plastics solutions and custom extrusions and moldings. (Photo: Business Wire)

This acquisition enhances Pexco’s injection molding and material science capabilities and increases the Company’s presence on the West Coast. Precise Aerospace Manufacturing’s end-to-end capabilities and commitment to quality and customer service align with Pexco’s strategy. The acquisition also builds on Pexco’s presence in the Aerospace, Defense, Medical and Electronics markets.

Pexco CEO Sam Patel stated, “The acquisition of Precise Aerospace Manufacturing marks a significant milestone in Pexco’s strategic growth journey. This expansion not only strengthens our capabilities in injection molding and high-performance polymers but also underscores our commitment to enhancing service offerings for Aerospace & Defense. We look forward to integrating Precise Aerospace Manufacturing’s expertise seamlessly into Pexco’s operations, further advancing our position as a leader in engineered plastic components.”

Roxanne Abdi, CEO at Precise Aerospace Manufacturing, added, “We are excited to become part of Pexco and are thrilled to join forces to expand the breadth of products and services to each of our customer bases. Combining with Pexco enables us to continue building on both companies’ reputation for quality products and service excellence. Our focus on high performance products and complex engineering are a great cultural fit with Pexco.”

Precise Aerospace Manufacturing was founded as Precise Plastic Products in 1965 and has a 55-year track record of manufacturing and quality excellence. They now join Pexco as part of its strategic expansion, marking the addition as Pexco’s 13th manufacturing site. Houlihan Lokey served as financial advisor to Precise Aerospace Manufacturing.

About Pexco LLC

Based in Atlanta, with multiple plants across North America, Pexco is a leader in the design and fabrication of engineered plastic components. It provides standard and specialty parts and components to manufacturers and end users for a broad range of custom applications, including the specialty industrial, fluid handling, aerospace, life science, traffic safety, lighting, fence, and electrical insulation industries. Pexco offers a full range of custom design, engineering, and fabrication services, with ISO 9001:2015 registration across its manufacturing operations. For more information, visit www.pexco.com or call (770) 872-8013.

About Precise Aerospace Manufacturing, Inc.

Since 1965, Precise Aerospace Manufacturing Inc. has been the premier full-service supplier of injection, compression, transfer molded plastic, CNC machining and value-added assembly specializing in close tolerance custom molding for the aerospace, defense, medical, and electronics industries with complex engineering resin projects, from thermoset and thermoplastic materials. We are AS9100, ISO9001, and ITAR certified. For more information, visit www.precisemfg.com.

About Odyssey Investment Partners

Odyssey Investment Partners, with offices in New York and Los Angeles, is a leading private equity investment firm with a more than 25-year history of partnering with skilled managers to transform middle-market companies into more efficient and diversified businesses with strong growth profiles. Odyssey makes majority-controlled investments in industries with a long-term positive outlook and favorable secular trends. For further information about Odyssey, please visit www.odysseyinvestment.com.

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CONTACT: www.pexco.com

Jacob Haas

EVP Sales and Marketing

770-872-8013

Pexco LLC

6470 East Johns Crossing, Suite 430

Johns Creek, GA 30097

KEYWORD: UNITED STATES NORTH AMERICA CANADA GEORGIA

INDUSTRY KEYWORD: TECHNOLOGY PACKAGING ENGINEERING CHEMICALS/PLASTICS AEROSPACE MANUFACTURING CONSTRUCTION & PROPERTY DEFENSE BUILDING SYSTEMS OTHER TECHNOLOGY OTHER DEFENSE NETWORKS HARDWARE OTHER MANUFACTURING

SOURCE: Pexco LLC

PUB: 08/12/2024 09:20 AM/DISC: 08/12/2024 09:20 AM

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