Precision Aviation Group acquires PTB Group
Atlanta-based Precision Aviation Group, Inc. (PAG), a provider of products and value-added services to the aerospace and defense industries, has acquired PTB Group (PTB).
PTB provides maintenance, repair and overhaul ("MRO") services for Pratt & Whitney PT6 and Honeywell TPE331 Engines, Aircraft/Engine Leasing and aircraft and engine related supply chain services.
"This acquisition expands PAG's Engine Services Division with the addition of PT6 and TPE331 engine services, and significantly enlarges our Supply Chain offerings. PTB is focused on providing exceptional customer service and exceeding customer expectations. We are most enthusiastic about this acquisition," said David Mast, president and CEO of PAG.
Stephen Smith, PTB's Chairman Emeritus said, "We are pleased to join PAG and know they are committed to the continued expansion of our products and services and ensuring continued opportunities for our international workforce. PAG has a shared vision with PTB, and I see an exciting future ahead."
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
