CORE Industrial Partners has announced the acquisition of Stanfordville Machine & Manufacturing, a supplier of precision machined components and assemblies, by CORE portfolio company RE3DTECH+GoProto.
Founded in 1975, Stanfordville offers CNC machining and assembly services, from prototyping through full-scale production quantities, across a variety of materials, including aluminum, steel, stainless steel, brass, copper and plastic. With an emphasis on high quality, lean manufacturing principles and innovative technologies, the company serves customers in the semiconductor, medical, aerospace and defense, electronics, instrumentation and packaging end markets. Headquartered in Poughkeepsie, NY, Stanfordville operates an AS9100- and ISO 9001:2008-certified facility.
Matthew Puglisi, Partner at CORE, said, "The acquisition of Stanfordville is the latest example of CORE's demonstrated track record of partnering with multigeneration family-owned businesses. We are excited to work with the Johnsen family to build upon the excellent reputation Stanfordville has garnered over decades of providing high-quality precision manufacturing services."
Rock Lambert, Operating Partner at CORE and Chairman of RE3DTECH, said, "Stanfordville brings highly complementary precision manufacturing technologies and geographic presence to the RE3DTECH platform that will enable us to better serve our existing customers. Further, we look forward to offering more comprehensive manufacturing capabilities, including additive manufacturing, to Stanfordville's customer base."
Neal Johnsen, President of Stanfordville, said, "Since Stanfordville's inception nearly a half-century ago, we have differentiated ourselves by quickly and consistently delivering quality products for mission-critical applications. We are excited to partner with CORE and continue to expand our family's legacy in the next phase of Stanfordville's growth as a part of the RE3DTECH platform."
For more information contact:
RE3DTECH
2441 Commerce Drive
Libertyville, IL 60048
847-752-5774
www.re3dtech.com
Stanfordville Machine & Manufacturing
29 Victory Lane
Poughkeepsie, NY 12603
845-868-2266
www.stanfordville.com