SVM Machining signs five-year supply deal with Turbo-Jet Products

SVM Machining Inc., a precision CNC machining company and subsidiary of PMGC Holdings Inc. (NASDAQ: ELAB), signed a long-term agreement to supply aerospace and defense components to Turbo-Jet Products Co. Inc., according to a company statement.

The agreement establishes an initial five-year term with provisions for annual renewals. Under the terms, SVM will provide mission-critical aerospace and defense components for Turbo-Jet Products' commercial and defense programs.

This marks the third long-term agreement executed by a PMGC Holdings subsidiary in 2026. The framework governs all future purchase orders issued during the contract term.

SVM received International Traffic in Arms Regulations (ITAR) registration on March 20, 2026, and is pursuing AS9100 certification for aerospace manufacturing. The company currently holds ISO 9001:2015 certification.

Turbo-Jet Products, established in 1948, designs and manufactures electromagnetic, electromechanical, mechanical, fluid, and pneumatic controls for aerospace, military, transportation, and medical industries. The California-based company maintains AS9100 Rev. D and ISO 9001:2015 certifications.

SVM operates as a California-based precision CNC machining company serving medical technology, aerospace, semiconductor, biotech, pharmaceutical, and transportation sectors. The company produces engineered components for original equipment manufacturers and technology customers.

PMGC Holdings Inc. functions as a diversified holding company managing acquisitions, investments, and development across multiple industries.

You May Also Be Interested In

• M3-Brigade cancels shareholder meeting after terminating ReserveOne deal
• Healthcare Triangle raises $3.6 million through convertible note offering
• Isabella Bank to acquire Grand River Commerce for $54.6 million