Horst Engineering Acquires Crystal Precision

Business has been pretty hectic lately. At Horst Engineering, we face all of the same challenges that other businesses are dealing with. World markets are in turmoil. Boeing settled their strike, but not without lots of delays. The airlines continue to struggle despite lower fuel costs. The car companies are in deep trouble. The defense sector is waiting to see what impact Democratic dominated politics will have on military budgets. The list goes on. 

Since we focus on manufacturing precision machined components in low volumes, we have been able to hang tough while higher volume and lower precision products and processes have been shipped offshore. Even still, we are impacted by the trouble in the aerospace, automotive, and industrial sectors. Though aerospace is a major focus for us, we supply precision components to many different industries. Our operations in East Hartford, Connecticut and Nogales, Sonora give us international scope in areas where there is a strong manufacturing knowledge base.

A sector that we have worked to penetrate for years is the medical device industry. We may have finally gained a foothold through the acquisition of a small precision machine shop, Crystal Precision. Crystal has existing customers in the medical industry and we intend to take over the production of the parts that they supply. Surgical instrumentation, orthopedic implants, and dental implants are growing markets that require precision machined components. We are going to have a busy fourth quarter with this integration, but the opportunities are significant.

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