PRECISION AVIATION GROUP, INC. EXPANDS ENGINE SERVICES DIVISION WITH THE ACQUISITION OF PTB GROUP

March 7, 2023

inline_874_http://www.precisionaviationgroup.com/wp-content/uploads/2023/03/PR-PAG-Announces-PTB-Acquistions-IMAGE-3-7-23-scaled.jpgAtlanta, GA – March 7, 2023 – Atlanta-based Precision Aviation Group, Inc. (PAG), a leading provider of products and value-added services to the aerospace and defense industries, is pleased to announce the acquisition of PTB Group (PTB).

 

PTB provides maintenance, repair, and overhaul (MRO) services on Pratt & Whitney PT6 and Honeywell TPE331 engines, engine leases and airframes, and aviation supply chain services. PTB is comprised of Pacific Turbine USA Group (a/k/a Prime Turbines) with locations in Texas, Arizona, Florida, and Pennsylvania; and Pacific Turbine Brisbane and Pacific Turbine Leasing in Brisbane, Australia and International Air Parts in Sydney, Australia. 

 

“This acquisition expands PAG’s Engine Services Division with the addition of PT6 and TPE331 engine services, and significantly enlarges our Supply Chain offerings. PTB is focused on providing exceptional customer service and exceeding customer expectations. We are most enthusiastic about this acquisition,” said David Mast, President and CEO of PAG.

 

Stephen Smith, PTB’s Chairman Emeritus said, “We are pleased to join PAG and know they are committed to the continued expansion of our products and services and ensuring continued opportunities for our international workforce. PAG has a shared vision with PTB, and I see an exciting future ahead.”

About PAG

Others Sell Parts, We Sell Support.

PAG is built on the trust of our customers, and our team members are an important part of our successful, growing business that is committed to customer service. We’ve built our legacy on our ability to respond and deliver the highest quality.

At PAG, employees get the exchange of talent, experiences, and resources of multiple companies all while working for one. With 22 Repair Stations, and over 900,000-square-feet of sales and service facilities in the United States, Canada, Australia, Singapore, and Brazil – PAG’s 24 locations and customer-focused business model serve aviation customers through Supply Chain and Inventory Supported Maintenance, Repair and Overhaul (ISMRO®) services. PAG is one of only 11 companies, outside of OEMs, to collectively hold all FAA certifications.

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