Empowered Ventures Acquires Firstar Precision Corporation
Summary
Founded by David Tenny in 2000 and based in Brunswick, Ohio, Firstar manufactures custom components using high precision CNC mills, turning centers, wire EDM, gear shaping and laser etching machines. Firstar’s talented and tenured workforce has enabled the company to develop a reputation among its customers and within the industry for machining exceptionally tight tolerances and providing outstanding service. Joining Empowered Ventures reinforces Firstar’s commitment to excellent service and quality and enables the company to continue expanding its capabilities. Founded in 2020 by leading fabric supplier TVF, which transitioned to an Employee Stock Ownership Plan (ESOP) in 2010, Empowered Ventures is an employee-owned holding company based in Carmel, IN. With its highly trained team of engineers and machinists, state of the art equipment, and quality department certified to ISO 9001:2015, Firstar manufactures even the most complex parts economically and reliably, enabling it to be a value-added partner and solution provider to its customers.