KSSP Precising Manufacturing Acquires Prime Engineered Components
By Metal Center News Staff
on Apr 1, 2020
KKSP Precision Machining LLC, a portfolio company of Mill Point Capital, has acquired Prime Engineered Component Inc., a manufacturer of aluminum, brass and stainless steel custom metal components.
Prime, based in Watertown, Conn., has more than a 50-year history in precision machined components, serving a diverse set of customers and end markets including defense, medical, automotive, and aerospace. With its 85-plus multi-spindle screw machines, CNC Swiss multi-axis lathes and CNC Vertical Milling Centers, the Prime Division will provide a significant expansion to capacity and unique capabilities that will add value to the KKSP platform, the company claims.
“Prime has built a very stable and capable business over three generations of family ownership and we are honored by the trust they have placed in KKSP to protect and continue to build upon those resources, and in particular, to have Mark Izzo as part of the KKSP leadership team going forward,” said Dave Dolan, president of KKSP, Glendale Heights, Ill.
KKSP Precision Machining is one of the largest manufacturers of machined metal components produced primarily on automatic screw machines.