The New Chapter: The Benefits of Continuing Education
It’s Only Common Sense: You’ve Got to Hustle
Pursuit Aerospace Announces Completion of Strategic Acquisitions to Advance Growth
October 8, 2024 | PRNewswireEstimated reading time: 1 minute
Pursuit Aerospace, a global manufacturer of complex aircraft engine components, announced it has completed the strategic acquisitions of both Prescott Precision Die, Inc. and Merc Aerospace, Ltd.
“We are thrilled to welcome the Prescott and Merc teams to Pursuit Aerospace,” said Doug Folsom, Chief Executive Officer of Pursuit. “These acquisitions bring complementary capabilities and broaden Pursuit’s geographic presence in the Southwestern US and in the UK.”
“Prescott and Merc both focus on providing best-in-class quality, enhancing our leading position in engine component manufacturing,” added Ben Adams, Chief Commercial Officer. “We are excited to continue expanding our customer relationships across Prescott, Merc and future acquisitions.”
Founded in 1984, Prescott Precision is an Arizona-based manufacturer of tight tolerance turbine engine components for the aerospace & defense industry. Prescott’s advanced machining capabilities are supported by a wide range of services including heat treat and non-destructive testing.
“I chose to partner with Pursuit due to their unwavering focus on customer service, their respect for employees and their desire for continuous improvement,” stated Dane O’Brien, President and owner of Prescott Precision. “Pursuit’s focus, scale and broad capability set will only help strengthen Prescott’s position and ability to serve our customers.”
Founded in 1970, Merc is a UK-based provider of precision machining services for the aerospace & defense and power generation industries. Merc’s machining capabilities are supported by a wide range of services, including CMM inspection and plating.
“We have witnessed firsthand Pursuit’s unwavering focus on quality and service over the years, making our decision to join the Pursuit family easy,” stated Richard Meade, Managing Director and owner of Merc. “We look forward to executing on and realizing the benefits that the combination with Pursuit will bring.”
Share on:
Suggested Items
CACI, Torchlight AI Announce Strategic Partnership
05/05/2023 | Business WireCACI International Inc.’s Bluestone Analytics and Torchlight AI (Torchlight) announced a strategic partnership to provide the DarkPursuit capability within the Torchlight Catalyst platform.
Ucamco Updates Gerber File Specification
05/14/2018 | UcamcoUcamco has released version 2018.05 of the Gerber Format Specification. The document is available on the Gerber download page on Ucamco's website.
Ucamco Releases UcamX v2017.04
05/09/2017 | UcamcoUcamco are delighted to announce the v2017.04 maintenance release of its UcamX product, the most comprehensive CAM software package for the rigid, flex, flex-rigid and HDI PCB manufacturing industries.
KYOCERA Circuit Solutions Announces Incorporation into KYOCERA Corporation
02/02/2016 | Kyocera Circuit Solutions, Inc.Kyocera Circuit Solutions, Inc. has announced that it will be integrated into Kyocera Corporation effective as of April 1, 2016. The purpose of this merger is to further expand related businesses by improving efficiency and enhancing the development of new products and markets through the pursuit of synergistic effects.