# Precision Aerospace Holdings acquires Owens Machine and Tool Company

Precision Aerospace Holdings LLC acquired Owens Machine and Tool Company, a manufacturer of precision machined aerospace and defense components based in Lewisville, Texas. The acquisition expands Precision's capabilities in CNC machining of titanium and nickel alloys.

- Type: Acquisition
- Announced: 2024-05-01
- Where: Lewisville, Texas, United States
- Status: completed
- Products: precision machined aerospace and defense components, CNC machined titanium and nickel alloy parts
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Precision Aerospace Corporation](https://endata.com/companies/2914.md) (acquirer)
- [Owens Machine and Tool Company](https://endata.com/companies/77153.md) (target)

## Sources

- [precisionaeroholdings.com](https://precisionaeroholdings.com/precision-aerospace-announces-acquisition-of-owens-machine-tool-company/), 2024-05-01: "We are thrilled to add Owens to Precision's growing platform."
- [dallasinnovates.com](https://dallasinnovates.com/dallas-precision-aerospace-holdings-acquires-owens-machine-and-tool-company/), 2024-05-08: "We’re thrilled to add Owens to Precision’s growing platform."

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