CORE Industrial Partners Portfolio Company GEM Manufacturing Acquires Coining Manufacturing and Precision Machine Products
CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, and industrial services-focused private equity firm, announced today the acquisition of Coining Manufacturing, LLC (“Coining”) and Precision Machine Products, Inc. (“PMP”, and together with Coining, the “Company”), a provider of specialty stamping and machining services, by CORE portfolio company GEM Manufacturing (“GEM”).
- CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, and industrial services-focused private equity firm, announced today the acquisition of Coining Manufacturing, LLC (“Coining”) and Precision Machine Products, Inc. (“PMP”, and together with Coining, the “Company”), a provider of specialty stamping and machining services, by CORE portfolio company GEM Manufacturing (“GEM”).
- CORE previously acquired GEM, a provider of precision deep drawn metal components and mechanical assemblies, in February 2023.
- Founded in 1990, the Company offers progressive die stamping, screw machining, CNC machining and wire EDM manufacturing technologies to produce complex precision components.
- Utilizing a fleet of tools, dies, and fixtures exclusively designed, built and maintained in-house, the Company also provides piercing, slotting, drawing, coining, trimming, tapping, deburring and bending.