Congratulations to our client Horst Engineering on acquisition of Sterling Machine!
EAST HARTFORD, CT, April 3, 2013 - Horst Engineering and Manufacturing Co. today announced it has acquired the assets of Sterling Machine Company, Inc. of Lynn, Mass., a manufacturer of precision machined components primarily for the aerospace industry.
Sterling had been a family-owned company, manufacturing components for the aerospace industry since 1966. The firm employs 33 people. The purchase price was not disclosed.
“We are very excited about this acquisition as there is very little overlap in the customers we serve,” said Scott Livingston, president and chief executive officer of Horst Engineering. “Like Horst, Sterling specializes in producing close tolerance high precision aerospace components from a wide range of high strength metals and polymers.”
Sterling, located at 23 Farrar St., Lynn, Mass., has focused on providing parts for both commercial and military jet engines, and supplies some of the world’s leading aerospace companies.
“We intend to continue Sterling’s operations in Lynn with the same work force,” Livingston said.
Sterling’s president, Robert Struzziero, will remain with the company. Read more on Horst Engineering website.