Techniks Industries: Parlec sells tooling division to Indianapolis firm

Perinton-based Parlec Inc. said Monday it has sold its tooling division to Indianapolis-based Techniks Industries. Parlec will retain its presetter business under the Omega Tool Measuring Machines brand. Presetters are tool measurement devices. "In January 2016, the executive team at Parlec Inc. made a decision to begin to look at our business as two separate ...