Talon Precision Launches Advanced Manufacturing Company Focused on Critical Industries with $75 million of Initial Equity Capital

MILFORD, Conn.--(BUSINESS WIRE)--Talon Precision today announced the official launch of its mission to build the premier precision machining and advanced manufacturing company serving aerospace, defense, medical, semiconductor, and other critical end markets. The company seeks to support the re-shoring of the American manufacturing base and develop the next generation of world-class machinists and engineers.

Talon Precision is acquiring and building high performing precision manufacturing companies through investments in operational improvements, highly skilled employees, and advanced equipment and technology. The founders believe in preserving the legacies and cultures that make each shop great, while providing the resources and support over the long-term for those shops to reach their full potential.

The company is a comprehensive solutions provider for advanced manufacturing needs—from collaborative new product engineering support to multi-axis CNC milling and turning, electrical discharge machining (EDM), Swiss machining, special processing, finishing, and assembly. It focuses on tight-tolerance and geometrically complex parts going into demanding applications, where quality, reliability, and precision are paramount.

“Thousands of advanced manufacturing businesses across the country have the potential to meet the growing demand for domestic precision manufacturing capabilities, but many require additional resources and investment to reach their full potential,” said Jesse Reising, Co-Founder and CEO of Talon Precision. “We are partnering with these companies to grow them into a ‘one-stop shop’ capable of meeting even the most demanding customer’s needs.”

To execute on its goal, Talon Precision raised an initial $75 million of equity capital from a select group of business builders and long-term oriented investors. The group of business builders and investors includes New Bearing, founded by Danaher Corporation co-founder Mitch Rales, as well as Eothen, Strand Equity, and Telos North. “Talon’s mission to support the strengthening of domestic precision manufacturing including the training of the next generations of highly skilled machinists is vital for American industry and our economy. I’m thrilled for New Bearing to partner with the talented and committed team at Talon to accomplish this with operational excellence in the decades ahead,” said Mr. Rales.

“We are partnering with these business builders and investors because of their long-term alignment and experience building and operating some of the world’s most successful companies,” added Co-Founder and Chief Strategy Officer Kyle Veatch. “Building a highly integrated, enduring company in our industry requires thoughtful decisions, capacity expansion, and workforce development – these things take time. We want to build something that we, our machinists, our customers, and the shop owners that entrusted us with their legacies will be proud of.”

Talon Precision is an operationally-focused, engineering-led organization. The company invests heavily in talent, quality systems, production processes, and advanced equipment and technology to improve throughput, quality, and delivery performance.

“Operational excellence is our highest priority,” said Joe Rios, Co-Founder and Chief Operating Officer. “The parts we make are complex and critical, with no room for error. We are investing in our people, we are investing in our capabilities, and we are focused on continuous improvement. We are committed to doing what it takes to serve our customers at the highest level.”

High-performing precision manufacturing businesses across North America that are interested in investment, partnership, or acquisition – particularly those serving aerospace, defense, medical, semiconductor, or other critical end markets – are invited to reach out to Talon Precision at [e-mail].

About Talon Precision

Talon Precision is building the premier precision machining and advanced manufacturing company serving aerospace, defense, medical, semiconductor, and other mission-critical end markets. The Company acquires and invests in high-performing precision manufacturing businesses for the long term — preserving the legacies and cultures that make them great while providing the resources, technology, and talent to help them reach their full potential. Backed by $75 million of initial equity capital from a select group of long-term-oriented business builders and investors, Talon Precision focuses on tight-tolerance, geometrically complex components for demanding applications where quality, reliability, and precision are paramount. For more information, visit talonpx.com.