ARCH Global Precision, a Strength Capital Partners platform company that is focused on precision machined components and precision cutting tools has acquired Smiths Machine LLC, located in Cottondale, Alabama. Smiths Machine is a manufacturer of precision machined components for a diverse set of industries, including aerospace, defense, energy, locomotive and many others.
“We are very pleased to announce the acquisition of Smiths Machine. This acquisition continues the end market diversification strategy that we have been pursuing for our Precision Components segment, significantly expands our five-axis milling capabilities and establishes our initial manufacturing footprint in the Southeastern region of the country,” commented Eli Crotzer, ARCH Global Precision President and Chief Executive Officer. “Smiths Machine has built a strong business in the military/defense end market and we are confident that we can leverage existing ARCH Global Precision customer relationships to drive additional production volumes into the Smiths Machine facilities in Cottondale. We intend to partner with Tim Smith, who will remain in the business unit leadership role as the Vice President of Sales and Operations for Smiths Machine, as well as his broader management team to accelerate growth in the business”, concluded Mr. Crotzer.
Tim Smith commented “we are pleased to announce the sale of Smiths Machine to ARCH Global Precision. In choosing an acquirer to sell the company to, it was important for us to identify a buyer that was committed to the continued growth of Smiths Machine. The entire team here at Smiths Machine is excited to be a part of ARCH Global Precision. Given the track record of ARCH Global Precision and the cultural alignment between our organizations, we are confident that Smiths Machine will become an integral part of ARCH’s future success.”
For more Information about ARCH Global Precision see: www.archglobalprecision.com