Merritt Precision, the milling company owned by Watershed Innovation, is expanding. The division of Correct Craft has acquired 5 acres in Titusville, Fla., for a facility expansion with plans to break ground later this summer.
The Merritt Island, Fla.-based company specializes in large-envelope CNC machining that delivers plugs for the marine, automotive and aerospace industries. Operating as a part of Watershed Innovation, Merritt Precision will continue as a standalone business to provide milled parts in a confidential environment.
“Watershed Innovation, our parent company, is helping Merritt Precision reach new heights,” Doug Keehn, Merritt Precision vice president/general manager, said in a statement. “This expansion really will allow Merritt Precision to move in a direction that enhances our existing product, bring new capabilities to the company, and reach more companies.”
Added Watershed president Sean Marrero, “We are very excited to begin Merritt Precision’s expansion project. Through additional capacity, expanded capabilities and new technologies, I have no doubt that Merritt Precision’s world class reputation will continue to grow.”