Precision acquires Aerospace Group

Precision Castparts Corp. has acquired Synchronous Aerospace Group, a leading build-to-print supplier of highly complex mechanical assemblies for commercial aerospace and defense markets.
Synchronous manufactures such mechanical assemblies as high-lift mechanisms and secondary flight controls, as well as structural components, including wing ribs, bulkheads, and track and beam assemblies.
“Synchronous is another tuck-in acquisition that will make a strong contribution as we continue to expand our aerostructures capabilities,” said chairman and chief executive officer, Mark Donegan. “Their gantry capabilities will enable us to manufacture larger components and to machine as many as four to five parts simultaneously. In addition, we can pull in house the fasteners, forgings, and castings that Synchronous currently purchases on the outside.”
The Company’s core capabilities include gantry machining, hard-metal machining, high-speed machining, turning, sheet-metal forming, and metal and composite bonding. Synchronous has four primary locations in Santa Ana, California, Kent, Washington, Wichita, Kansas and Tulsa, Oklahoma.

Previous articleMagna aquires ixetic
Next articleRosneft and ExxonMobil team up for Siberian oil pr
Stainless Steel World Americas Publisher
Stainless Steel World Americas is part of the KCI Group of Companies. We are a leading knowledge, communication and information company connecting business-to-business professionals by building and sustaining global communities, solving their information needs and helping them to develop their professional life and friendships.