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NewsPress release

Press release

Crescent Aerospace Technology LLC acquires PCR Technologies Inc.

01/10/2024

Press releaseIssued by PCR Technologies, Inc. and published as received — not written by Airframer’s editors.

Crescent Aerospace Technology LLC, through its subsidiary Advanced Metals Machining LLC (Olyphant, PA), announces today that it has completed the purchase of the net assets of PCR Technologies, Inc. (PCR) from its owner Mark Vanzini effective October 1, 2024. Based in Pine Brook, NJ, PCR Technologies, Inc. is a customer manufacturer of printed circuit board heatsinks, adhesive preforms, RF/Microwave component housings, metal core filling and plastics machining serving aerospace and defense industries. PCR specializes in the fabrication of circuit card assemblies; printed circuit boards laminated to heatsinks (heatsink to PC Board bonding) utilizing a variety of material combinations. PCR also supplies customized adhesive preforms cut to the proper form factor for heatsink to PC Board bonding, and heatsink fabrication complete with plating, silk screen marking and hardware assembly. PCR is an ISO, AS9100 Rev D company.

“The addition of PCR to Crescent Aerospace continues the strategic expansion of the manufacturing and process capabilities of our group by adding depth in electronic warfare system components manufacturing and assembly for the 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, defense and space customers. We are also thrilled that Mark Vanzini will remain in a key commercial leadership role with the company committed to building on PCR’s history of technical expertise and superior quality and service well into the future” said David S. Bovenizer, CEO of Lionheart Industrial Group LLC.