George Industries Acquires Numerical Precision

George Industries LLC, a designer and manufacturer of engineered aerospace, defense and industrial components and portfolio company of Orangewood Partners, announced it has acquired the assets of Numerical Precision from QCC, LLC. The acquisition of NP enhances George Industries’ engineering and machining capabilities including complex geometry and exotic material machining.

Based in Wheeling, IL, NP has a 50 year history of manufacturing close-tolerance, high reliability components for satellites, aircraft and other aerospace and defense programs. NP will operate as a division of George, continuing its focus on engineering and machining excellence. NP’s management team and employees will all continue with the company going forward.

Honigman Miller Schwartz and Cohn LLP served as legal advisor to George Industries.

About George Industries

George Industries is a recognized leader in the design, development and manufacture of mission critical engineered components for the aerospace, defense, transportation and industrial sectors. Core manufacturing capabilities include dip brazing, vacuum brazing, CNC machining, fabricating, welding, painting, artwork, photography, silk screening, laser cutting and mechanical assembly. George Industries was founded in 1954 and proudly remains headquartered in Endicott, NY.

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About Numerical Precision

Numerical Precision, headquartered in Wheeling, IL, is a highly respected brand of fifty years, manufacturing close-tolerance, high-reliability components for satellites, aircraft and defense programs. Core engineering and machining capabilities include extreme tolerance, complex geometry and exotic material machining, EDM and assembly.

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About Orangewood

Orangewood Partners is a New York-based private investment firm that pursues equity and credit investments in both public and private companies. Orangewood takes a long-term approach and invests in companies with great management teams and sustainable growth characteristics. The firm seeks to partner with businesses to help provide them the additional capital, resources, and operational capabilities and expertise to generate long-term performance. Orangewood was founded in 2015 by Alan Goldfarb, former managing director of special situations at Senator Investment Group and former Principal at The Carlyle Group.

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