Terms of the acquisition of were not disclosed.
The purchase was finalized Friday, AIMS said in a statement. The acquisition is one of several AIMS has made this year.
The addition of the new facility will allow AIMS to better control quality and make quicker deliveries, the company said.
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“We’ve been looking for the right tool-and-die shop for a couple of years,” AIMS President Dave Delph said in the statement. “We found out that CMI was for sale and the company’s people, expertise and equipment sold us on them. Aside from quality improvements we’ll be able to gain greater efficiencies in operational costs. Bringing this work in-house also means we can deliver our products when we say we will. ”
AIMS was founded in 2009. In an interview in May, Delph told the Dayton Daily News that the company has invested $1.2 million into its Kohnle Drive building, offices and labs since it moved to Miamisburg from Beavercreek two years ago. With $8 million in sales last year, AIMS is poised to hit $11 million in sales this year, he said.
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