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PITTSBURGH, Oct. 21, 2024 /PRNewswire/ — Tecum Fairness introduced nowadays its funding in Kadon Precision and Aerospace (“Kadon” or the “Company”), a precision production corporate based totally in Rockford IL, which specializes in the aerospace, protection, length, and commercial product markets.
Based in 1952, Kadon is led by way of second-generation proprietor Justin Franklin, who will stay with the industry as CEO. Kadon focuses on Swiss flip, milling, lathe and multi-axis precision machining, and meeting. Kadon maintains each an ISO 9001 and AS9100 D qualified attribute control gadget and has over 70,000 sq. ft of producing length.
Kadon is actively looking to procure supplementary companies to make bigger its production features and capability within the aerospace, protection, length and commercial finish markets.
Justin Franklin, CEO of Kadon famous, “As I contemplated bringing on a partner to support our 100+ employee team in its next phase of growth, Tecum differentiated itself with its extensive experience in precision manufacturing and in its track record of growing businesses both organically and through acquisitions. Their understanding of the culture of Kadon and the importance of people in all that we do made Tecum my partner of choice.”
Stephen Gurgovits, Jr., Managing Spouse of Tecum, added, “We are extremely excited to support Justin in his vision for Kadon. We will look to leverage our experience in precision manufacturing and our ability to source complementary acquisitions to support Kadon’s continued evolution into a partner of choice for leading OEMs across regulated industries.”
ABOUT KADON
Kadon, based in 1952, is headquartered in Rockford IL, and focuses on Swiss flip, milling, lathe, and multi-axis precision machining and meeting for the aerospace, protection, length, and commercial finish markets. Kadon is ISO 9001 and AS9100D qualified and has over 70,000 sq. ft of producing length and 100+ lengthy tenured and professional staff. Kadon is a depended on spouse to publicly traded and privately held OEMs international. For more info, please talk over with www.kadonprecision.com.
ABOUT TECUM
Tecum Fairness is the direct funding means of Tecum Capital. Tecum Fairness is an operationally orientated enlargement funding company occupied with supporting nation and founder owned companies inside of precision production, top value-added distribution, and nondiscretionary B2B carrier sectors. We goal commercial finish markets the place we will leverage our future operational and funding enjoy. For more info, please talk over with www.tecum.com.
Media Contacts
Lynn McDonald, Tecum Advertising and marketing Coordinator
P: +1 (724) 257-1771
E: [email protected]
SOURCE Tecum Capital
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