CNC machining and manufacturing services provider Paramount Precision Products, Oak Park, Mich., has acquired the CNC machining company Numerical Productions Inc., Indianapolis. Paramount, a minority-owned supplier intends to expand its machining services to manufacturing companies throughout the Midwest.
"We're seeing growing demand from customers that need high-quality machining of automotive, industrial and energy-related components," said Paramount CEO Sheila Rossmann. "The acquisition of Numerical will give us significant additional capacity."
Related Glossary Terms
- computer numerical control ( CNC)
computer numerical control ( CNC)
Microprocessor-based controller dedicated to a machine tool that permits the creation or modification of parts. Programmed numerical control activates the machine’s servos and spindle drives and controls the various machining operations. See DNC, direct numerical control; NC, numerical control.