Compass Precision Purchases Strom Manufacturing
Summary
“Strom Manufacturing is a terrific CNC machine shop with significant investment in automated milling equipment. This allows its machines to run unattended and lights-out,” explained Gary Holcomb, Compass President & CEO. Strom and Compass together are really a good fit.” “We knew Bill would eventually sell his business,” explained Paul. In particular, Compass believes that numerous cross-selling and cross-sourcing opportunities exist to enable each operating company to succeed in ways not possible by itself. Together, Compass’s operating companies, now numbering seven including Strom Manufacturing, serve a diversified group of blue-chip customers in the aerospace & defense, space, medical, industrial automation, power generation, telecommunications, high tech, and specialty industrial markets.