Precision Profiles, LLC Expands Capabilities with Hollow Machining Acquisition

 

Titusville, Pennsylvania, June 30, 2021 – Precision Profiles, LLC (the “Company”), a trusted
manufacturer of high precision, tight tolerance OEM steam turbine components and other precision metal parts, today announced that the Company acquired a majority of the assets and customers of the Commercial Fluid Power Titusville division on June 28, 2021. The facility is now operating as the Hollow Machining division of Precision Profiles, LLC.

“We are thrilled to add trepanning, boring, and honing to the portfolio of services offered by Precision
Profiles”, noted Matthew J. Lucco, President & CEO. “These hollow machining services, along with the
40+ new customers obtained in the acquisition and the nine talented employees that have joined our team,
will help to diversify our business and strengthen our position for future growth.”
Commercial Honing, LLC dba Commercial Fluid Power provides a wide array of services for the oil &
gas and fluid power industries across its four operating facilities in North Canton, OH; Dover, OH; Rome,
GA; and Titusville, PA. The Titusville, PA facility, now owned by Precision Profiles, LLC, specializes in
trepanning and related services such as boring, honing, turning, machining, and welding. Gary Walker of
Reed Smith LLP (Pittsburgh, PA) served as legal counsel for Precision Profiles, LLC while Christopher
Hunt of Krugliak, Wilkins, Griffiths & Dougherty Co., LPA (Canton, OH) served as legal counsel for
Commercial Honing, LLC.

About Precision Profiles, LLC:
Precision Profiles, LLC is a custom manufacturer that has been producing high precision metal
components for over 25 years. The Company specializes in producing tight-tolerance turbine components
for OEMs and other companies within the power generation industry. Our value proposition is simple:
we deliver high-precision OEM turbine components at a lower cost than our competitors – and with
shorter lead times. This reduces the overall cost incurred by our customers for turbine builds/repairs and
increases their production capacity. In addition to manufacturing steam turbine components, Precision
Profiles offers a full suite of machining services, including: multi-axis CNC milling & machining,
turning, saw cutting, wire EDM services, trepanning, boring, and honing. We are an employee-owned and
operated company COMMITTED TO delivering high-quality, high-precision products to our customers,
on time and free of defects. For more information, visit: www.precisionprofilesllc.com.

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