Matco Manufacturing, a Salt Lake City-based manufacturer of aircraft wheels, brakes and related components, has been purchased by NMG Aerospace, a maker of experimental and light sport aircraft wheel and brake products based in Stow, Ohio.
“The acquisition of Matco reinforces NMG’s commitment to supporting all areas of the aerospace marketplace, particularly in the areas of wheels, brakes and actuation,” said Jeremy Earley, NMG’s vice president of business development and engineering. “It is exciting to take a core part of our offering at NMG and serve a new, growing market in experimental, light sport and{mprestriction ids="1,3"} advanced air mobility sectors.”
NMG Aerospace is combining Matco’s capabilities into its trademark design, manufacturing and testing expertise to make incremental advancements in its own product portfolio, the company said.
Matco Manufacturing was owned and operated by George Happ, a landing systems engineer with decades of experience, including tenures at Cleveland Pneumatic (now Collins Landing Systems) and Honeywell.
“George’s experience and passion for designing and manufacturing safe, high-performance landing systems is what sparked NMG’s interest in Matco,” Earley said.
“NMG’s enthusiasm and knowledge for what we have built at Matco made it the perfect partnership to complement our team,” Happ said. “Their understanding of the products we produce will bring a level of comfort and expertise to both existing and new customers.”
Happ will remain a part of the leadership team both during and after the transition, Earley said.
The acquisition was finalized before the end of 2022. No financial details were released.
NMG Aerospace is a privately held, family-owned company employing more than 350 people across locations in Ohio and Arizona.{/mprestriction}
