Founded in 1947 as a small, family-run tool and die shop in the basement of his home, Al Teruzzi, a seasoned tooling industry veteran, established the Fairfield Tool Company. By the 1950s, having achieved success as a leader in tooling, Teruzzi envisioned a future where his expertise could be integrated with emerging technologies.
The 1950s also witnessed the rise of fineblanking in Europe, a revolutionary metal stamping process. Recognizing that the precision of dies was paramount to the quality and complexity of fine-blanked parts, Teruzzi, along with fellow tooling expert Charles Polatsek, and fineblanking specialist John Weiland, established The Connecticut Fineblanking Corporation in 1969. This collaborative venture, leveraging their combined expertise and investments in specialized equipment, positioned the company to capitalize on the emerging U.S. fineblanking industry.
The Company experienced steady growth after its founding, adding several new fineblanking companies strategically throughout North America, eventually unifying under the single name of Precision Resource. Prioritizing the needs of customers, Precision Resource expanded internationally to support automotive industry growth in Mexico in 2006, China in 2011 and Slovenia in 2017. A technical center was also established in Canada to serve as the centralized fineblanking tool building facility for the company.
Today, Precision Resource is one of the world’s largest independent suppliers of fineblanking tools and contract production services. The nine member companies form a network of shared technology, capital resources, and production capabilities serving manufacturers throughout three continents – North America, Asia, and Europe. The tooling background of the Company continues to be one of its strongest assets, and coupled with newer sophisticated technologies, enables its design engineers to meet the challenge of creating innovative ways to provide optimum value in metalworking applications.
The experienced team at Precision Resource possesses a deep understanding of the fineblanking process, enabling us to deliver high-quality, precision-engineered components that meet the most demanding specifications. As a leading precision components manufacturer, we are ready to help you achieve your manufacturing goals. Reach out today or fill out the short form and we will be in touch shortly.
A trusted precision parts manufacturer, we produce critical components for diverse applications, helping you thrive in a global marketplace. Each Precision Resource operating division is focused on excellent quality, delivery and service performance to help you succeed in today’s evolving environment.