Precision Aerospace completed the acquisition of Clearwater Engineering.

Precision Aerospace, a manufacturer of aerospace machining and defense components, completed the acquisition of Clearwater Engineering, manufacture of complex aerospace parts. Financial terms were not disclosed. “This new combination provides tremendous opportunities for our employees and our community. By joining Precision, we can provide greater competencies with our experience, knowledge, and manufacturing operating capabilities to exceed our customers' requirements for quality, delivery, and costs well into the future,” David Cool, Clearwater Engineering President and Owner.