Precision CNC components and products manufacturer Genesys Industries acquired F3 Aerospace (F3).

Terms of the transaction were not disclosed.

Decatur, IL-based F3 is a manufacturer of structural aircraft components and assemblies for the aerospace industry. Established in 1989, the company’s products are utilized in programs for Boeing, Airbus, Bombardier, GKN Aerospace, Spirit AeroSystems, Textron and more.

Genesys, meanwhile, is a multi-industry advanced manufacturer of precision CNC components and products that serve commercial aviation, aerospace, automation, defense, munitions, maritime, eVTOL, multicopter, oil & Gas, UAV, UAS, space, electronics, hypersonic, robotics, food processing, transportation, industrial and more. The company is based in Mineral Wells, TX.

“This addition expands our already increasing footprint in the manufacturing of mechanical components for the commercial aerospace sector,” Genesys Industries Spokesperson said in an Oct. 25 news release. “It fits well with our aftermarket-focused value generation strategy.  Specifically, it will add to our hardware line of products and diversify our own product lines and OEM sole source capabilities.”

Genesys Industries will acquire F3’s commercial real estate that currently accommodates its plant operations, which include 10,000-square-feet of advanced manufacturing space.

“The company has established positions on a diverse range of new and existing fixed-wing platforms, strong aftermarket content and an outstanding reputation with its customers,” the spokesperson added.

This past March, Genesys acquired Pennsylvania-based Latrobe Foundry Machine & Supply.