Dallas-based aerospace manufacturer Precision Holdings buys Lewisville company

Dallas-based Precision Aerospace Holdings LLC has completed its second acquisition in less than 10 months.

Precision, a manufacturer of aerospace and defense components, announced on May 3 it has acquired Lewisville-based Owens Machine and Tool Co. Owens, founded in 1986, produces specialized machined tools and parts. Financial terms of the deal were not disclosed.

Read more at the Dallas Business Journal.