Standard Drivetrain has acquired Precision Industries, a torque converter supplier based in Whiteville, Tennessee.

Founded by Terry Hedrick, Precision Industries is recognized for developing a multi-clutch performance torque converter and a one-piece billet back cover, the company said, and offers a full lineup of driveline products.

Standard Drivetrain, incorporated in Wilmington, Delaware, is led by Rob Boninfante and Chris Miller, and is associated with Jase Composites, Pure Drivetrain Solutions, Chris Miller Racing Productions, Sterling Auto Group, Boninfante Friction, ProTorque, Ultra Lite Brakes, BMF Engineering and Kenny's Diesel and Pullin'.

"With the acquisition of Precision Industries, Standard Drivetrain is poised to deliver on a new era of advancements. Precision Industries has exceptional manufacturing infrastructure and quality systems rarely seen in the aftermarket torque converter industry. The Whiteville, Tennessee, facility will allow the Standard Drivetrain family of companies to proudly grow its manufacturing capabilities here in the U.S.A. The innovation and legacy of Precision Industries align perfectly with our vision for the future here at Standard Drivetrain," said Miller and Boninfante.

For more information, visit standarddrivetrain.com.