News Release
Paradigm Precision Names Industry Veteran Steve Croke President
Stuart, FL – Paradigm Precision, a global manufacturer of complex fabrication and precision machined components for gas turbine engines, announced on January 5th that Steve Croke has been named President effective immediately. Mr. Croke, a 30-year aerospace industry veteran, most recently served as Vice President, Global Engines, Airframes and Industrials in the Engine and Environmental Control Systems business unit of UTC Aerospace Systems.
Paradigm CEO Greg Bennett said, “We are pleased to welcome Steve to Paradigm. His industry expertise and executive track record will help us continue to grow Paradigm and deepen our valued customer relationships.”
Mr. Croke said, “Paradigm’s unique position in the industry and commitment to customers and execution attracted me to this fantastic opportunity. I look forward to partnering with the Paradigm team as we focus on growth opportunities and providing quality products and service to our customers.”
Prior to serving as Vice President, Mr. Croke ran the UTAS Engine Components business. He came to UTAS in 2012 through its acquisition of Goodrich, where he had been heading up the Power Transmission Systems. He also held leadership positions at Goodrich and its predecessor companies in technology and business development, having started his manufacturing career by managing aircraft hydraulic and control component production at Allied Signal/Lucas.
Mr. Croke earned his Bachelor of Science degree in mechanical engineering from Clarkson University and his MBA from the State University of New York at Albany.
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About Paradigm
Precision Paradigm Precision is the market facing name for Dynamic Precision Group (DPG), a global leader in the manufacture of complex machined and fabricated assemblies for the Aerospace, Defense and Power Generation markets. DPG is a portfolio company of The Carlyle Group, AeroEquity Partners and other co-investors. DPG acquired Turbocombustor Technology in 2011, which specializes in the production of critical aircraft engine components; Paradigm Precision Holdings in 2013, which specializes in the manufacture of complex, tight-tolerance machined and fabricated components for gas turbine engines; and eight aerospace component fabrication and machining facilities from Unison Engine Components, a subsidiary of GE Aviation, in 2013. DPG’s core capabilities include laser services, air flow measurement, thermal coatings, electrical discharge machining, precision machining, and TCT Blast™.
Contact:
Liz Gill
Elizabeth.gill@carlyle.com
+1 (202) 729-5385
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