ATLANTA, Oct. 22, 2024 /PRNewswire/ -- Precision Aviation Group, Inc. (PAG), a leading provider of maintenance, repair and overhaul (MRO) and value-added services to the global aerospace and defense industries, has acquired ICON Aerospace (ICON) and TAG Aero (TAG). These strategic acquisitions significantly enhance PAG's avionics and engine services capabilities while broadening its product offerings for the airline market.
ICON, headquartered in Indian Trail, North Carolina, is a market leading provider of MRO services specializing in Avionics, Accessories, and Electronics. TAG, based in Rock Hill, South Carolina, is a premier provider of MRO services specializing in auxiliary power units (APUs). TAG provides a comprehensive suite of services including repair and overhaul, outright sales, leasing and exchanges for Honeywell GTCP-85, 131, and 331 Series APUs. The addition of ICON and TAG to PAG will allow the combined customer base to benefit from the expanded range of product and service offerings.
David Mast, President and CEO of PAG, commented: "The acquisition of ICON and TAG significantly bolsters our capabilities in our Engine and Avionics services businesses, and provides expanded product offerings for the airline market. The addition of ICON and TAG's skilled workforce of over 200 employees, their experienced leadership teams, and more than 150,000 square feet of state-of-the art facilities, enables us to better support the needs of our customers."
Jeff Lambert, CEO of ICON and TAG, added: "We are excited to join PAG and leverage their resources and global reach. This partnership enhances our ability to serve our customers, providing them with faster service times and broader technical capabilities."
About Precision Aviation Group (PAG)
Precision Aviation Group (PAG) is a leading provider of maintenance, repair and overhaul (MRO) and value-added services to the aerospace and defense industries. With 24 FAA-approved repair stations and 27 locations, 1,000+ employees, and over 1.1 million square feet of production/distribution facilities worldwide, PAG offers comprehensive MRO services on over 200,000 product lines. PAG supports operators in the Airline, Business and General Aviation (BGA), and the Military markets through its Inventory Supported Maintenance, Repair, and Overhaul (ISMRO®) business model, with focused capabilities in Avionics, Engines, Components, and Manufacturing/DER Services. (www.precisionaviationgroup.com)
About ICON Aerospace and TAG Aero
ICON Aerospace is an FAA/CAA/EASA-approved repair station specializing in Avionics, Accessories and Electronics. TAG Aero is an FAA/CAA/EASA-approved repair station offering APU repair and overhaul, outright sales, leasing and exchange services to the aerospace industry.
(www.iconaerospace.com) and (www.tag.aero)
Photo - https://mma.prnasia.com/media2/2534817/ICON_Aerospace_A_PAG_Company.jpg?p=medium600
Photo - https://mma.prnasia.com/media2/2534818/TAG_Aero_A_PAG_Company.jpg?p=medium600
Logo - https://mma.prnasia.com/media2/1515200/Precision_Aviation_Group_Logo.jpg?p=medium600
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
PRECISION AVIATION GROUP EXPANDS AIRLINE AVIONICS AND ENGINE SERVICES CAPABILITIES WITH ACQUISITIONS OF ICON AEROSPACE AND TAG AERO
PRECISION AVIATION GROUP EXPANDS AIRLINE AVIONICS AND ENGINE SERVICES CAPABILITIES WITH ACQUISITIONS OF ICON AEROSPACE AND TAG AERO
SHENZHEN, China, Oct. 21, 2024 /PRNewswire/ -- ZTL Tech is pleased to announce that it has officially changed its name to Zintilon and unveiled a new corporate logo. This strategic move signifies not only an upgrade to the company's brand identity but also commitment to its global strategy and relentless pursuit of innovation.
I. Reasons for the Name and Logo Change
Over the years, ZTL Tech has garnered high recognition in the European and American markets for its exceptional CNC machining, sheet metal fabrication, and metal casting services. The original name of ZTL Tech faced challenges in trademark registration and brand communication. With the global expansion of its business, ZTL Tech realized the need for a brand name that is more distinctive and recognizable. To better protect its brand rights and avoid unnecessary challenges in global compliance control, the company decided to upgrade the brand.
II. Significance of the New Name
The pronunciation of the new name "Zintilon" is similar to the Cantonese pronunciation of our company's Chinese name "Zheng Tai Long," preserving the roots of its culture and reflecting its respect for and inheritance of local culture. The new name retains the letters "Z," "T," and "L," which stand for the company's relentless pursuit of "Zest for Innovation," "Technology," and "Leadership," respectively. The new name not only highlights the company's expertise in the field of metal and plastic materials but also reflects its emphasis on innovative technology and commitment to the future smart manufacturing industry.
III. Design Concept of the New Logo
The new logo is inspired by the dragon, a symbol of auspiciousness and power in Eastern culture. The design incorporates the dragon's wings, symbolizing the company's soaring and transcendence in the field of precision manufacturing. The all-blue logo represents the dragon flying freely in the blue sky and implies the company's unlimited potential and broad prospects in the global precision manufacturing field. Blue, a symbol of stability and wisdom, showcases Zintilon's deep professional heritage and profound contemplation of the future.
IV. Looking to the Future
With the launch of the new name and new logo, Zintilon will continue to uphold the corporate philosophy of "Manufacturing Your Ideas" and provide customers with higher quality precision parts and rapid prototyping services. Zintilon believes that this change will inject new vitality into its future development and will also help it go further on the road to globalization.
Zintilon sincerely thanks all customers and partners for their long-term support and trust. Zintilon looks forward to working with them to create a more brilliant future.
Zintilon looks forward to witnessing its new chapter and continuing to lead innovation and excellence in the field of precision manufacturing services.
About Zintilon:
Zintilon, a leader in global precision manufacturing services, is committed to providing customers with one-stop solutions for CNC machining, sheet metal fabrication, metal casting, and more, earning the trust of global customers with exceptional quality and service.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Zintilon: A New Name, A New Logo, A Fresh Start -- A Global Leader in Precision Manufacturing Services
Zintilon: A New Name, A New Logo, A Fresh Start -- A Global Leader in Precision Manufacturing Services
Zintilon: A New Name, A New Logo, A Fresh Start -- A Global Leader in Precision Manufacturing Services
