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Delayed · 22:30 UK

KKSP expands into Northeastern US with acquisition of Prime Engineered Components

KKSP Precision Machining, LLC, an Illinois-based metal component manufacturer, has acquired metal components manufacturer Prime Engineered Components to expand into the Northeastern US, the company said.

Prime Engineered Component, Inc. is a manufacturer of aluminum, brass and stainless steel custom metal components, serving a customers and end markets including defense, medical, automotive, and aerospace.

With its 85+ 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.

KKSP Precision Machining, a portfolio company of Mill Point Capital, is a manufacturer of machined metal components produced primarily on automatic screw machines.

Mill Point Capital is a middle-market private equity firm focused on control-oriented investments in the business services and industrial sectors.

Published by Financial News