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Friday, January 14, 2011

PAG Acquires Avcenter

Precision Aviation Group (PAG) has reached an agreement to acquire Avcenter, a repair station in Dallas that focuses on wheels, brakes and accessories. PAG plans to use the purchase to increase maintenance, repair and overhaul (MRO) services to helicopters and fixed-wing aircraft. President & CEO David Mast notes that since finalizing the transaction, PAG has “made substantial investments in tooling, equipment, training, and inventory” to expand Avcenter’s services. Under the deal, Avcenter becomes a subsidiary of Precision Avionics & Instruments (PAI).
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