BTX Precision has completed the acquisition of Addison Precision Manufacturing (APM). The acquisition of APM is the fourth for BTX Precision.
Located in Rochester, NY, APM is a machining organization that specializes in producing sophisticated and complex machined components and assemblies, serving a variety of major end markets.
"Known for their wide-ranging capabilities of part size (from .050 in. to over 50 in.) and meeting the industry's tightest tolerances, APM fits perfectly into BTX's family of manufacturing businesses," said a spokesperson.
"The team at APM has built a reputation of quality and reliability" said Rick McIntyre, BTX Precision's Group CEO. "APM is a prototypical acquisition for BTX, and we look forward to them doing great things within the BTX ecosystem alongside our other compelling and complimentary business units and offerings."
"I could not be more excited to see the company find such a suitable home within the BTX Precision family," said Rodney Champagne, owner of APM. " APM and BTX are committed to manufacturing the highest quality and most complex parts demanded in industry today and developing the best teams of people to get the job done. The alignment in our philosophies and priorities is going to provide a very capable pen with which the next chapter of our story will be written."
Eric Caudill will continue to lead APM as President, building on 25 years of successful leadership. Under his guidance, APM will maintain its commitment to excellence and steady growth, now enhanced by the additional resources and strategic support from BTX. Operations and management will remain unchanged, ensuring continuity and a strong foundation for future success.
For more information contact:
BTX Precision
www.btxprecision.com
Addison Precision Manufacturing
100 Gates Greece Townline R.
Rochester, NY 14606
585-254-1386
www.addisonprec.com