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Rochester Precision Optics Acquires Tricon - Thursday, January 25, 2007

Roughly one year after an $11 Million investment that included acquiring Kodak's precision optics business and opening the doors on a newly renovated building in Henrietta, Rochester Precision Optics (RPO) has announced the acquisition of Tricon Machine in a deal that was consummated on December 6, 2006.

Long a mainstay for many regional optics companies, Tricon Machine was founded in 1979 as a high-precision contract machine shop. For the past decade they concentrated on very demanding, close-tolerance machining requirements. This made them a premier metal parts provider to optics-related businesses. The company has been owned and operated by Gary German since 2002.

RPO president, Bill Hurley said, "This move is a strategic acquisition for RPO as we continue to grow and vertically integrate our company. RPO is excited about all of the new equipment we are acquiring and we are very pleased to have Gary and his team joining us. The new acquisition will be integrated into our existing machine shop at the 850 John Street Facility under the leadership of Dan Missel."

Hurley emphasized that RPO has been in contact with the majority of Tricon's customers to assist in the transition. "We wanted to make certain that there would be no gaps in the delivery of existing orders"

 


       


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