CORE’s PrecisionX Continues Build

PrecisionX Group, a portfolio company of CORE Industrial Partners, has acquired Hudson Technologies, a manufacturer of precision metal components, from JSJ Corporation.

Hudson Technologies produces precision metal components, including deep-drawn cardioverter defibrillator casings for medical implants, stamped diaphragms for aerospace valves, and metal enclosures for semiconductor equipment. Its customers include medical device manufacturers, aerospace firms, and semiconductor companies.

Hudson’s stamping capabilities are augmented by in-house tool design and finishing services like annealing and powder coating. Founded in 1940 (then Hudson Tool & Die), Hudson is headquartered 60 miles northeast of Orlando in Ormond Beach, Florida, operating a 150-machine facility.

PrecisionX’s metal components include deep-drawn enclosures for satellite communication systems, progressive-stamped parts for medical devices, and CNC-machined components for aerospace engines, serving aerospace manufacturers, medical device companies, and satellite technology firms.

CORE formed PrecisionX to consolidate its investments in GEM Manufacturing (February 2023), Coining Manufacturing (June 2023), National Manufacturing (May 2024), Ditron (August 2024), and MSK Precision Products (August 2024). Today, PrecisionX is headquartered 30 miles southwest of Hartford in Waterbury, Connecticut, and operates seven facilities with a combined 400,000 square feet.

“We believe Hudson, a long-recognized provider of deep and shallow drawn stamping, is an especially strong strategic fit with the PrecisionX platform,” said Matthew Puglisi, a partner at CORE.

CORE’s strategy with PrecisionX reflects a consolidation wave in precision manufacturing, where firms are merging to meet rising demand for specialized components. Grand View Research reported in 2025 that the precision engineering market is projected to grow at a 6.8% annual rate by 2030, driven by demand for miniaturized parts in aerospace and medical devices. Deloitte’s 2025 manufacturing outlook notes that automation and reshoring—bringing production back to North America—are accelerating, but supply chain bottlenecks and a shortage of skilled workers remain challenges. Industry Week highlighted this year that cybersecurity risks are growing as manufacturers adopt Industry 4.0, a term for smart factories using internet-connected machines and automation, exposing them to potential data breaches.

The buy of Hudson expands PrecisionX’s business particularly in the medical and aerospace sectors.

“It’s a pleasure to welcome Hudson to the PrecisionX platform,” said Rock Lambert, an operating partner at CORE, “Hudson’s impressive customer base of many industry-leading companies in demanding end markets speaks to both the company’s differentiated manufacturing capabilities and its stringent focus on quality.”

Chicago-based CORE makes control equity investments of up to $100 million in North America-based companies with revenues of up to $200 million and EBITDA of up to $20 million. Sectors of interest include a range of specialty verticals within the manufacturing and industrial technology sectors.

In February 2024, CORE announced the above target closings of two new funds with a combined $887 million of capital. The two funds are CORE Industrial Partners Fund III LP with $685 million of capital, and CORE Industrial Services Fund I LP with $202 million of capital.

JSJ Corporation is a mid-sized family-owned holding company that invests in and operates a portfolio of manufacturing, distribution, and service businesses. Members of the founding Jacobson, Sherwood, and Johnson families still lead the business today. JSJ was founded in 1919 and is headquartered in the western Michigan city of Grand Haven.

© 2025 Private Equity Professional | July 18, 2025