# MICOR Industries acquires Magnus Hi-Tech

MICOR Industries, a precision machining company, acquired Magnus Hi-Tech of Melbourne, Florida, to expand its aerospace capabilities.

- Type: Acquisition
- Announced: 2021-07-08
- Where: Melbourne, Florida, United States
- Status: completed
- Products: precision machined components, CNC machining, sheet metal fabrication, welding, assembly
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [MICOR Industries](https://endata.com/companies/56358.md) (acquirer)
- [Magnus Hi-Tech](https://endata.com/companies/56359.md) (target)

## Sources

- [businessalabama.com](https://businessalabama.com/micor-industries-acquires-magnus-hi-tech/), 2021-07-08: "This acquisition is really a blending of two strong, successful companies that, together, will provide tremendous value to our customers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.