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BTX Precision announced it has completed the acquisition of Chandler Industries. Chandler is the sixth acquisition for BTX since its inception, and its third in as many months.

By way of four production locations in Minnesota, Chandler serves a variety of leading customers in durable end markets, including aerospace and defense, satellite, semiconductor, medical device and more. In addition to its U.S. footprint, Chandler also has a production unit in Chihuahua, Mexico, capable of producing similarly challenging and complex machined parts.

BTX Precision's Group CEO Rick McIntyre said, "The addition of Chandler aligns perfectly with BTX's mission to accelerate industrial advancement through partnership. Like the rest of the BTX business units, Chandler's customers view them as an extension of their organizations and rely on them to deliver world-class products and technology to the market."

Chandler will continue to be led by Tom Ryan, who will serve as President of BTX's newest business unit. All operations at Chandler will continue in the normal course under Ryan's direction and with the support of BTX.

"The entire team at Chandler is excited about the future for both BTX Precision and Chandler Industries," said Ryan. "The same drive, work ethic and commitment to quality that define Chandler can also be found across all BTX member companies and within the leadership team."

For more information contact:

Chandler Industries

8650 West 35W Service Drive

Blaine, MN 55449

612-339-8261

BTX Precision