Press release
01/09/2023
Crescent Aerospace Technology LLC announces today that it has completed the purchase of Advanced Metals Machining LLC (AMM), a portfolio company of 2M Investment Partners, effective August 31, 2023. Based in Olyphant, PA, Advanced Metals Machining LLC is a precision metal component manufacturer serving aerospace, defense, satellite, optical, and commercial industries. AMM specializes in machining exotic alloys and other metals into complex geometries with tight tolerances. AMM has become one of the country’s leaders in machining Aluminum Beryllium to exacting tolerances for the Aerospace and Defense industries. AMM is a ISO, AS9100 Rev D company.
“The addition of AMM to Crescent Aerospace marks the beginning of strategic expansion of the manufacturing and process capabilities of our group and the diversification into defense and space segments on the way to building a diversified capabilities platform for aerospace and defense industry. We will drive the group to cross fertilize best practices, robust business processes and bring collective collaboration to solving the industry challenges in precision component and assemblies manufacturing for aerospace and defense customers.” said David S. Bovenizer, CEO of Lionheart Industrial Group LLC.