GEM Manufacturing Acquires Coining Manufacturing and Precision Machine Products

CORE Industrial Partners Recapitalizes GEM Manufacturing

February 23, 2023

Manufacturing

CORE Industrial Partners has recapitalized GEM Manufacturing, a precision deep-drawn metal components manufacturer headquartered in Waterbury, Connecticut. The Caulfield and Gemino family shareholders rolled a significant portion of proceeds, with Robert and Mark Caulfield staying for a short transition while CORE partners with management to expand capabilities and pursue growth initiatives.

CGI Automated Manufacturing (CORE Industrial Partners) Acquires Precision Metal Fab and Precision Tool & Die

December 10, 2021

Manufacturing

CGI Automated Manufacturing, a CORE Industrial Partners portfolio company, has acquired Precision Metal Fab and Precision Tool & Die (collectively, PMF). PMF, headquartered in Ponca City, Oklahoma, provides CNC laser cutting, stamping, metal die formation, welding and assembly services and will be integrated into the CGI platform to expand its sheet-metal and fabrication capabilities.

PrecisionX Group Acquires National Manufacturing Co.

May 31, 2024

Manufacturing

PrecisionX Group, a portfolio company of CORE Industrial Partners, has acquired National Manufacturing Co., a Piscataway, New Jersey-based specialist in deep and shallow drawn metal stamping and precision CNC machining. The deal expands the PrecisionX platform’s manufacturing capabilities and capacity—particularly in medical and aerospace end markets—adding National’s 90,000 sq. ft. facility and extensive tooling and finishing capabilities to the platform.

CGI Automated Manufacturing Acquires Advanced Laser Machining

October 21, 2021

Manufacturing

CGI Automated Manufacturing, a CORE Industrial Partners portfolio company, has acquired Advanced Laser Machining, a metals-focused contract manufacturer headquartered in Chippewa Falls, Wisconsin. The add-on expands CGI's scale, capacity and complementary metal fabrication capabilities across end markets such as aerospace & defense, medical and industrials, and aligns with CORE's Industry 4.0 strategy for the platform.

CoreDux Acquires Pyramid Precision Machine, Inc.

September 7, 2023

Manufacturing

CoreDux, a portfolio company of Arcline Investment Management, has acquired Pyramid Precision Machine, Inc. from founder Bob Taylor. The transaction adds precision, close-tolerance machining and sub-assembly capabilities to CoreDux’s manufacturing platform, expanding its footprint in semiconductor, aerospace & defense, and energy transition supply chains.

Incodema (CORE Industrial Partners) Acquires Centex, Laser Manufacturing, PPC and Micropulse West

April 30, 2021

Manufacturing

CORE Industrial Partners’ portfolio company Incodema Holdings, LLC acquired four precision machining businesses—Centex Machining & Welding, Laser Manufacturing, Precision Process Corporation (PPC) and Micropulse West—to expand its precision manufacturing capabilities. The add-on deals broaden Incodema’s capabilities and end-market exposure (notably medical, semiconductor and aerospace/defense) as CORE continues to consolidate precision manufacturing assets across North America.