PennTool™ Group (Shelby, MI), an operating unit of PennEngineering® (Danboro, PA), has acquired the assets of Precision Industries, Inc. (Providence, RI), it was announced today by Mark Packard, National Sales Manager for PennTool. As a result, all existing and new orders for products and technologies previously supplied by Precision Industries will be handled exclusively by PennTool Group. All commercial business operations for Precision Industries ultimately will relocate to the ...