Elite Aerospace Group Acquires HALO Industries – PR Newswire – PR Newswire (press release)

TUSTIN, Calif., June 6, 2017 /PRNewswire/ --Elite Aerospace Group (EAG) is proud to announce the formal acquisition of HALO Industries, a precision machining and engineering dynamo with over three decades of experience supporting the aerospace, defense, orbital rocket and communication sectors, as well as commercial aviation.

The acquisition of HALO Industries bolsters EAG's production capacity by adding nearly 20,000 square feetof additional production and engineering capacity. This facility located in Huntington Beach, California will be the headquarters for Elite Aerospace Group's newest division: Elite Space Services.

On the acquisition, CEO Dustin Tillman stated, "HALO's contributions to the Aerospace industry have been unparalleled over their nearly three-decade tenure. We're absolutely thrilled to have HALO Industries and all their capabilities, experience, and expertise under the Elite Aerospace Group umbrella. The opportunity to infuse the Elite spirit with the sterling legacy of HALO Industries is sure to further enhance the value proposition of both companies. HALO was a hidden gem in the market for nearly three decades, and now it's time to shine a spotlight on their skill sets and take the business to the next level."

Elite Space Services' new facility houses 3, 4, and 5-axis vertical and horizontal precision machining tools as well as a team of some of the most skilled engineers in the A&D industry. The primary focus of this facility will revolve around Space and Communications projects for some of the biggest names in the Aerospace sector.

About Elite Aerospace Group EAG is an advanced design, engineering, manufacturing and technology leader within the aerospace industry. Elite is comprised of talented professionals who are passionately committed to providing the highest level of customer service and quality, while delivering cost-competitive supply availability solutions.EAG was formed by senior aviation officials who, tired of their expectations not being met, set out on a campaign for change; challenging conventionality in the marketplace and driving customer-centric part supply strategies. Elite is a proud contributor to the reshoring initiatives, focused on bringing manufacturing back to the United States. EAG's focus on its core values and commitment to excellence has made the company an attractive, competitive standout to consumers and investors alike. http://www.EliteAerospaceGroup.com

Contacts:

Zeeshawn Zia, COO, Elite Aerospace Group/ 949-783-7067 / team@eliteaerospacegroup.com

Diane McNamara / 617-304-1940 / diane@fireituppr.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/elite-aerospace-group-acquires-halo-industries-300469855.html

SOURCE Elite Aerospace Group

http://www.eliteaerospacegroup.com

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Elite Aerospace Group Acquires HALO Industries - PR Newswire - PR Newswire (press release)

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