The owners are long-term investors committed to building a stronger community, creating growth opportunities for our employees and suppliers, and developing close relationships with our valued customers through engineered product manufacturing.
Cleveland, OH (PRWEB) June 07, 2011
Midwest Precision, a newly formed entity, announced that it has acquired the assets and business operations of Midwest Machining Solutions, formerly known as Midwest Screw Products.
Located in Eastlake, Ohio, Midwest Machining Solutions specializes in precision machining and assembly of close tolerance challenging materials such as stainless steel, aluminum, nickel alloys, titanium and other engineered materials. The company provides CNC machining, assembly, and program management for the aerospace, defense, power generation, and fluid power markets.
The company's capabilities include CNC turning, milling, EDM, surface grinding, honing, laser marking, assembly and kitting. Midwest Precision specializes in complex machined components made from challenging materials in prototype volumes to over 10,000 piece lots.
Midwest Precision retained all the employees of the former entity and acquired the facility. The new owners are planning to make significant investments in facilities, equipment and personnel to further enhance the capabilities of the company, pursue more complex projects, and provide additional value-added services for our customers.
“The acquisition of Midwest Machining Solutions provides the platform base for our strategy of expanding engineered product manufacturing into the global marketplace,” said Wayne Foley, President of Midwest Precision. “The owners of Midwest Precision are long-term investors committed to building a stronger community, creating growth opportunities for our employees and suppliers, and developing close relationships with our valued customers through engineered product manufacturing.”
About Midwest Precision
Established in 1953, Midwest Machining Solutions is an ISO 9001 / AS9100 certified manufacturer of precision machined components and assemblies for the aerospace, defense, power generation and engineered industrial markets. The company is well known for its innovative manufacturing engineering and value-added capabilities including program management.
Former executives of International Motion Control, a global leader in industrial and aerospace motion control components and systems formed Midwest Precision. Midwest Precision applies operational expertise and investment discipline to successfully grow industrial manufacturing companies. More information is available at http://www.midwestllc.com.
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