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Phillips Service Industries Acquires Skytronics Inc.

Livonia-based Phillips Service Industries Inc., a manufacturing and service firm serving a wide variety of industries, Monday announced that it has acquired Skytronics Inc., a leading aircraft component manufacturer and maintenance repair organization located in El Segundo, Calif.

Skytronics specializes in the manufacturing, repair, overhaul and sales of aircraft ball screw and actuator assemblies and the transmissions that drive them.

Skytronics is a manufacturer that also holds license parts manufacturing authority on stabilizer ball screws installed on Boeing 727, 737, 747, 757 and 767 aircraft, as well as a distributor of both new and overhauled aircraft components.

Established in 1956, Skytronics has been an FAA-approved repair station for over 50 years, with current FAA, EASA, CAAC and Boeing approvals. Skytronics has expanded its capabilities to include Boeing flight controls, horizontal stabilizer trim actuators, trim tab actuators, flap transmissions and leading-edge actuators. Skytronics also manufactures, repairs, overhauls and sells ignition harnesses, alternators, regulators and ignition lead conduits that are used in general aviation.

The Skytronics acquisition further expands PSI's reach into the aerospace market. Other PSI subsidiaries that serve the aerospace industry include Beaver Aerospace & Defense, a manufacturer of ballscrew and actuator products; Sciaky Inc., a provider of manufacturing and welding technologies; Mountain Secure Systems, a provider of rugged electronics for the aerospace, defense and other industries, as well as in-flight entertainment systems for commercial aircraft and wireless networking for video, voice and data applications; Evana Automation Specialists, a suplier of automation assembly equipment, specializing in motion controls, robotics integration and systems architecture; and PSI Repair Services Inc., the world's largest repair company for electronics, process instrumentation, hydraulics, motors, ball screws and other items.

"The aerospace industry is very significant to PSI," said Scott Phillips, CEO and president of Phillips Service Industries, Inc. "The Skytronics acquisition provides additional products and services to our valued customers."

More at www.psi-online.com.

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