Article

Ventus Industrial Partners has formed Aeron Defense and acquired General Tool Company and Magna Machine Company, partnering with GenNx360 Capital Partners and Admiralty Partners. Located in Ohio, Magna will become GTC's fourth manufacturing site, increasing their operational footprint to 550,000 square feet in northern Cincinnati. The Kramer family will retain minority ownership in Aeron, aiming to enhance the defense industrial base and workforce development through a new employee-centric model.