{"query":"*[title match \"Precision*\"]{title,date,excerpt,slug,pageBuilder}","result":[{"date":"2025-11-14T18:19:00.000Z","excerpt":"Vigor Marine Group (VMG), a bicoastal solutions provider with a national footprint in marine maintenance and modernization, marine fabrication and marine services, has entered into a definitive agreement to sell its Complex Fabrication assets to Precision Build Integration, a global leader in storage, structural steel and services solutions. Formerly known as Oregon Ironworks, the division has excelled in complex steel fabrication in the energy, infrastructure, transportation and defense sectors, with operations primarily based in Clackamas, Oregon.","pageBuilder":[{"_key":"3e87d4d8df96","_type":"quote","content":[{"_key":"545c861fb59a","_type":"block","children":[{"_key":"1ed46928537a","_type":"span","marks":[],"text":"“As Vigor Marine Group doubles down on being a nationwide leader in the maritime sector, we are grateful to have found a home for our complex fabrication business in Precision Build,” said VMG CEO Francesco Valente. “We have been proud to serve our many customers since merging with OIW more than a decade ago, and now look forward to continuing our growth as a key solutions provider for the U.S. Navy, MSC, and our other valued customers.”"}],"markDefs":[],"style":"normal"}],"enabled":true},{"_key":"81658a5c5201","_type":"richtext","columnContent":[{"_key":"f6c48b0df348","_type":"block","children":[{"_key":"45e380ca91d5","_type":"span","marks":[],"text":"Since becoming part of Vigor in 2014, the complex fabrication division has completed some of the largest, most complex steel fabrication projects in the U.S. These included steel bridge structures from Oregon to New Jersey, energy infrastructure and multiple defense programs. This work has additionally supported hundreds of family wage jobs in the Greater Portland area."}],"markDefs":[],"style":"normal"},{"_key":"886dc7eb17bd","_type":"block","children":[{"_key":"595fb006f251","_type":"span","marks":[],"text":"Precision Build Integration is part of a larger family of companies and boasts a similar capability of complex structural steel fabrication, including bridges, modular construction, cranes and complex steel buildings"}],"markDefs":[],"style":"normal"}],"contentMaxWidth":"full","enabled":true,"richTextType":"default","textAlign":"left"},{"_key":"a2f6de57d1ab","_type":"quote","content":[{"_key":"db1cafb8549d","_type":"block","children":[{"_key":"823fb4147208","_type":"span","marks":[],"text":"“Precision Build and Hilton Tool are excited to expand our fabrication and machining capabilities in Clackamas, Oregon to better serve our customers,” said Corey Yraguen, CEO of Precision Build Integration and President of Precision Build Companies. “Vigor has been collaborative in working with our team to build on the success of previous projects and create new job opportunities in this community going forward.”"}],"markDefs":[],"style":"normal"}],"enabled":true},{"_key":"261dd571ac74","_type":"richtext","columnContent":[{"_key":"98ed6add7bef","_type":"block","children":[{"_key":"7283f23dc2ca","_type":"span","marks":[],"text":"The transaction is expected to be completed by December 31"},{"_key":"51b3bdd078e2","_type":"span","marks":["sup"],"text":"st"},{"_key":"42636857c2d8","_type":"span","marks":[],"text":", 2025."}],"markDefs":[],"style":"normal"},{"_key":"683f246f68c9","_type":"block","children":[{"_key":"348821eaabfd","_type":"span","marks":[],"text":"###"}],"markDefs":[],"style":"normal"}],"contentMaxWidth":"full","enabled":true,"richTextType":"default","textAlign":"left"},{"_key":"9db7923566b6","_type":"newsPressFooterInfo","companyInfo":[{"_key":"6b240ce8bf0f","_type":"block","children":[{"_key":"ba9c2bc7dd56","_type":"span","marks":[],"text":"Precision Build Integration (PBI) specializes in the Nuclear, Aerospace, Defense and other complex fabrication and machining industries.PBI owns Hilton Tool, which specializes in CNC Machine Shop and Contract Manufacturing.PBI is privately owned with the largest members being Precision Build Companies and M2 Integration.Precision Build is a family of companies that provide tank storage, fabricated structural steel, and service solutions for domestic and international markets as Precision Tank, Precision Build Solutions, Tampa Tank, Florida Structural Steel, and Tampa Steel Erecting.M2 Integration provides construction services for aerospace, defense, commercial, and industrial sectors. Each of the companies creates projects to exacting, precise specifications and tolerances. For more information, visit "},{"_key":"c4aea988da8d","_type":"span","marks":["578d123d8e21"],"text":"https://precisionbuild.com/"},{"_key":"2c39f15232ef","_type":"span","marks":[],"text":" and "},{"_key":"f0bebca9d90d","_type":"span","marks":["a3e4009f30c8"],"text":"https://www.m2integration.net/"}],"markDefs":[{"_key":"578d123d8e21","_type":"link","href":"https://precisionbuild.com/"},{"_key":"a3e4009f30c8","_type":"link","href":"https://www.m2integration.net/"}],"style":"normal"}],"enabled":true,"vigorAboutInfo":{"_ref":"globalVigorCompanyInfo","_type":"reference"}}],"slug":{"_type":"slug","current":"vigor-marine-group-to-sell-complex-fabrication-division-to-precision-build-integration"},"title":"Vigor Marine Group to Sell Complex Fabrication Division to Precision Build Integration"}],"syncTags":["s1:T/jYzQ"],"ms":8}