Jasper based Kimball Electronics recently announced details of the company’s acquisition of the assets of Aircom Manufacturing, Inc., an Indianapolis-based contract manufacturing company that specializes in metal fabrication, plastic injection molding, and assembly.
Aircom was founded by Robert Lyon in 1960 and has been owned and operated by the Lyon family for over 55 years.
In a release Kimball Electronics Chairman and CEO Don Charron says the completion of the Aircom acquisition is another important step in the company’s strategy to expand their package of value by offering their customers design engineering and manufacturing expertise in precision metals and plastics.
As part of the transaction, Kimball Electronics acquired Aircom’s 80,000 square-foot manufacturing facility, production equipment, and inventory, assumed specified liabilities and hired approximately 100 Aircom employees.