Recent Acquisition Impact The recent acquisition of Addison Precision Manufacturing by BTX Precision indicates potential integration into a larger aerospace manufacturing network, offering opportunities to provide complementary tooling, machining solutions, or expansion support.
Expansion in Greece Addison's new 128,000 square foot facility in Greece signals growth and increased capacity, creating demand for high-precision manufacturing equipment, supply chain partnerships, and engineering services.
Industry Focus Operating within the aerospace and aviation sector, Addison offers an entry point for suppliers of advanced machining technology, quality control solutions, and aerospace-grade raw materials targeting high-precision component manufacturing.
Financial Range & Market Position With revenues between 25 million and 50 million dollars and a medium-sized workforce, Addison is positioned as a key player for suppliers looking to serve mid-tier aerospace manufacturing companies with tailored technological solutions.
Technology and Compliance The company's focus on operational excellence and quality suggests an openness to cybersecurity, manufacturing automation, and certification consulting services that align with aerospace industry standards.