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.
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.
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