GI aquires TCI Manufacturing and Wescon USA

Los Angeles, California - 01 March 2025

GI Corporation, a New York-based family-owned investment firm known for its long-term approach to sustainable growth and innovation, announced today that it has acquired two California-based manufacturers: Wescon USA, a precision aviation tool manufacturer, and TCI Manufacturing Inc., a provider of precision manufacturing services serving the aerospace and healthcare industries.

With more than 40 years of experience, Wescon USA specializes in producing airframe assembly tools used by leading aircraft manufacturers. This acquisition aligns closely with GI Corporation’s strategic focus on fostering long-term investments in the U.S. aerospace, defense, and manufacturing sectors. Both Wescon and TCI proudly produce products that are entirely manufactured in the United States, emphasizing the critical role domestic manufacturing plays in national security and economic growth.

“Acquiring Wescon USA and TCI Manufacturing reflects our ongoing commitment to building resilient American businesses that deliver lasting economic and social value,” said Benna Iqbal, CEO of GI Corporation. “These companies exemplify the innovation, operational excellence, and growth potential that align perfectly with GI’s investment philosophy.”

Consistent with its approach of closely partnering with portfolio companies to achieve sustainable growth, GI Corporation will further invest in Wescon’s production facilities, significantly expanding its manufacturing capacity across the United States.

About GI Corporation
GI Corporation is a privately-held, family-owned investment firm headquartered in New York City. The company invests in and manages a diverse global portfolio across sectors such as aerospace, defense, aviation, real estate, manufacturing, healthcare, power, and software. GI Corporation prioritizes long-term, sustainable growth through innovation, operational excellence, and impactful community investments. To learn more, visit gicorp.com. To find out more about Wescon USA, please visit wesconusa.com, and TCI Manufacturing, please visit tci-mfg.com