CHESHIRE, Conn., Nov. 2, 2016 /PRNewswire/ -- EDAC Technologies ("EDAC") announced today that it has acquired Flanagan Industries, an aerospace engine component manufacturing business, located in Glastonbury, CT.
Flanagan Industries is a premier supplier of precision machined and fabricated components and assemblies with a 70 year history of supporting leading OEM and Tier 1 customers.
"The Flanagan acquisition brings a highly complementary product portfolio and capabilities that further strengthen our ability to support our aerospace and industrial gas turbine customers. EDAC is excited to welcome the people, technical skills and advanced manufacturing capabilities of Flanagan to the family. We are excited to have the Flanagan team on board and look forward to our future growth and success together," said Terry Bruni, EDAC Technologies' President and Chief Operating Officer.
"The acquisition of Flanagan Industries by EDAC Technologies represents a strategic opportunity to combine the expertise of two well respected aerospace companies. With our combined resources and capabilities, we will have greater access to the global aerospace market and be able to continue to grow in Connecticut," said Kevin Flanagan, Flanagan Industries' Vice President.
About EDAC Technologies
EDAC Technologies is a precision manufacturing company serving the aerospace and industrial markets. In the aerospace sector, EDAC offers design and precision manufacturing services principally for commercial and military aircraft engine components and related tooling and equipment. EDAC's industrial product capabilities include high-precision fixtures, gauges, dies and molds, as well as the design, manufacture and repair of precision grinders and precision spindles. EDAC's core competencies include extensive in-house design and engineering capabilities, and facilities equipped with the latest enabling machine tools and manufacturing technologies. Additional information may be found at www.edactechnologies.com.
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SOURCE EDAC Technologies