What Happened
Private Equity Firm Acquires Manufacturing Firms To Strengthen Domestic Supply Chains
CORE Industrial Partners has acquired three manufacturing businesses, TCS Industries, TCS Electronics, and Precision Grinding & Manufacturing Corporation, to expand its aerospace and defense focus. The acquisitions position Fathom, a subsidiary of CORE Industrial Partners, to pursue larger opportunities in the industry. With a growing demand for domestic manufacturing capacity, Fathom’s expanded capabilities may make it an attractive partner for aerospace and defense companies. This development was reported by 3DPrint.com.