The PDI Group, through its newly formed acquisition affiliate, Colinear Aerospace, announced that it has acquired the assets of Colinear Machine Design & Holdings (Colinear Machine). Colinear Machine is a manufacturer of complex flight critical components for fighter jets, bombers, helicopters (civil and military) and commercial aircraft.
Originally founded in 1988, Colinear Machine has been a longtime supplier of flight critical components to Tier 1 and Tier 2 suppliers of major U.S. defense companies as well as directly to manufacturers of civil and military helicopters. The newly formed company, Colinear Aerospace, will remain in Sparta, NJ, and will be led by Brian Van De Weert, Colinear Machine's current Vice President-Manufacturing, who will assume his new role as the company's General Manager.
"I am excited about the opportunity to join The PDI Group of Companies as we share the same culture and commitment to customers, suppliers and employees," said Van De Weert. "PDI's track-record of success, coupled with our commitment to excellence, will benefit the operational and quality performance of the newly formed Colinear Aerospace and provide the necessary financial, operational and strategic resources to achieve our long-term objectives of restoring the Colinear brand."
Nathan Haber, The PDI Group's co-CEO and President, commented, "Our Company has for decades provided high quality and reliable weapons support and ground support equipment as well as strong aftermarket support to the DoD and our international customers. We look forward to working with Brain Van De Weert."
Ryan Haber, The PDI Group's co-CEO and President, said, "We look forward to welcoming Colinear Machine's team members to The PDI Group and to working with their talented team of skilled machinists and engineers."
Irwin Haber, The PDI Group's Chairman, added: "This acquisition expands The PDI Group's product offerings and capabilities and moves PDI into the aerospace market as a part of our long-term growth strategy in the defense industry."
For more information contact:
The PDI Group
6225 Cochran Road
Solon, OH 44139
216-271-7344
sales@thepdigroup.com
www.thepdigroup.com
Colinear Aerospace
7 Wilson Drive
Sparta, NJ 07871
216-271-7344
sales@thepdigroup.com
www.thepdigroup.com