Chicago-based May River Capital and Ohio-based Hunt Valve Company have broadened their engineered products portfolios by purchasing the assets of Precision Technology, a severe duty, solutions-based designer, manufacturer and supplier of linear motion actuators for automation, machinery, material handling and positioning applications.
Precision Technology will be rebranded Hunt Valve Company – Actuator Division. This first add-on for the company complements Hunt Valve’s severe duty, fluid power engineering solutions for military and industrial customers. Precision Technology specializes in electro-mechanical actuation with a wide range of rod-less and rod-style linear actuators, screw jacks, linear tables, and custom motion control solutions.