The companies are well aligned with AS9100 certification and a complementary customer base and skill set.
Tempe, AZ (PRWEB) January 07, 2016
Phoenix Logistics, Inc. (PLI) announced today that it has acquired Silverado Cable Company (SCC) in a stock transaction. SCC will operate as a wholly-owned subsidiary of Phoenix Logistics, Inc. with continued allegiance to quality, customer deliveries.
Silverado Cable Company is an ISO9001/AS9100 certified aerospace manufacturing company with 20 years of defense and aerospace experience with specialization in ruggedized, point-to-point electrical harnessing design and manufacturing.
PLI’s acquisition of SCC advances its mission to serve the defense and aerospace sector with US based engineering and manufacturing expertise that solves technical and programmatic problems for government, prime manufacturers, and operators of aerospace and defense systems.
The acquisition adds complex point-to-point harnessing, over-braiding, and injection over-molding capabilities to PLI’s already robust Mil-Std-1553 Data Bus, RF/Microwave, and High Speed Data interconnect capabilities. The acquisition will yield substantial synergies given SCC’s ruggedized cable harnessing capabilities, and PLI’s engineering and signal processing capabilities and product lines; all within a small business with efficient cost structure.
Al Funderburk, CEO and President of PLI and SCC stated “The two companies will be able to bring operational and cost synergies to bear across a broad manufacturing base ranging from ground tactical vehicles to 5th generation fighter aircraft and commercial airliners.” “The companies have a similar history of commitment to the highest quality standards and to serving the unique needs of the aerospace and defense sector, and are a perfect fit.”
Mr. Funderburk continued “The addition of a commercial aerospace portfolio to PLI’s extensive defense aerospace portfolio is an important step in PLI’s growth strategy and perfectly complements developments in PLI’s Critical Infrastructure and Simulation & Training business areas.”
About Phoenix Logistics, Inc.
Phoenix Logistics is a privately owned company of talented engineering and defense experts who reliably solve technical and programmatic problems for manufacturers and operators of aerospace and defense systems. PLI provides a comprehensive range of services from manufacturing to simulation & training and support to the nation’s critical infrastructure (health, energy, transportation). Additional information can be found at http://www.phxlogistics.com.
About Silverado Cable Company
Silverado Cable Company, Inc. is an ISO9001/AS9100 certified aerospace manufacturing company with 20 years of defense and aerospace experience with specialization in ruggedized, point-to-point electrical harnessing design and manufacturing. Additional information can be found at http://www.silveradocable.com.