Premier Precision Group Rolls Out Unified Branding Strategy

Minneapolis, Minnesota, August 26, 2009 - Premier Precision Group announced today its plan to consolidate all of its operating companies' legacy brands under the PPG umbrella. PPG’s strategy is to leverage the PPG brand across the entire enterprise while maintaining a connection to the legacy brand via its facility naming convention. “We want to communicate to our customers that we are one company with multiple facilities, offering a broad range of capability, but at the same time, acknowledge the value and familiarity the legacy brands offer our customers”, said PPG’s President, Kevin Matkin. Effective August 2009, Premier Precision Group will begin transitioning each of its operating facilities to the new brand with completion expected prior to the end of the year. 

About Premier Precision Group (www.premierprecision.com) : Headquartered in Minneapolis, Minnesota, Premier Precision Group is a Group of contract manufacturing businesses with a cohesive, unified approach, serving Aerospace, Defense, Medical, and other Industrial markets via a bundled offering of precision machining, fabrication, and related processing of components. Premier Precision Group is a portfolio company of Spell Capital Partners, LLC, a private equity and buyout firm based in Minneapolis, Minnesota. 

About Spell Capital Partners, LLC (www.spellcapital.com) : Headquartered in Minneapolis, Minnesota, Spell Capital Partners is engaged in the acquisitions of controlling interests in well-managed, historically profitable manufacturing, distribution or service businesses. Spell Capital Partners seeks to acquire businesses in a wide range of industry categories with revenues of at least $10 million, where it can leverage its expertise in acquisition and financing in partnership with management to grow the businesses in which it invests.