Techniks Industries acquires Parlec tooling division

Parlec Inc. sold its tooling division to Techniks Industries, based in Indianapolis, Indiana. The tooling unit will retain the Parlec brand name, while the remaining presetting business will operate as Omega Tool Measuring Machines.

“Perinton-based Parlec Inc. announced Monday it has sold its tooling division to Techniks Industries, a firm based in Indianapolis, Indiana.”omegatmm.com

• 2 sources
• omegatmm.comParlec Legacy Continues with Omega TMM in Perinton, NYSean LahmanApr 17, 2017
• mfgnewsweb.comTechniks Industries Announces Acquisition of the Tooling Assets of Parlec, Inc.Jun 1, 2017

Summarized from public sources; check the original articles before acting on it.