Precision Aviation Group has changed the name of its Toronto, Ontario-based business World Aviation Corporation to Precision Rewind Services (PRS). The change was made to identify the business as a member of the Precision Aviation Group of companies and to better highlight PRS' expanding list of capabilities, as was the case with the September 2021 rebranding of Momentum Services Corp to Precision Display Repairs.
PAG acquired PRS in January 2020. PRS specialises in the rewind and repair of rotary and static electrical (air and oil-cooled) generator and motor sub-components and serves military, commercial and general aviation turbine powered aircraft operators.
“PRS has been a great addition to the Precision Aviation Group of companies. Since our acquisition of PRS just over two years ago, we have made substantial capital investments in capabilities expansion, inventory and tooling/equipment upgrades. Due to the PRS team's efforts, we are predicting the highest number of repairs performed in PRS' history this year,” says PAG president and CEO David Mast.
PRS president Moty Zeharia adds: “Being acquired by PAG has allowed us to focus on expanding our capabilities and improving our processes. Changing the name aligns our market presence with all of the PAG companies around the globe and better reflects our expanded service offerings.”