Why should you care that Precision Inc. is a healthy and growing company? Like everything else in our company, it’s a matter of customer service. When you call us needing a specific magnetic component, we want all of our capabilities ready to jump on your request. We can only do that if Precision is the well-managed, financially stable company that it is.

Financial Growth
Precision Inc. is a privately held company. Revenues have increased at 23% to 31% per year since 1990. Growth has been driven by a successful customer base, new customers, increased order sizes, and a million-dollar investment in new equipment and other capital expenditures since 1992. Our financial ratios have either improved or remained relatively constant, and compare favorably to industry statistics.