Precision Resource Announces Addition To Canadian Facility

Precision Resource, Inc., a leader in the supply of precision metal components manufactured with the fineblanking technology, today announced that it has completed an addition to its Cambridge, Ontario facility.

The expansion of Precision Resource Canada’s facility added 30,000 ft² of production space and increased the total area of the facility to 136,000 ft².  Precision Resource Canada specializes in the high volume production of automotive and general industrial components.

“We’ve been fortunate to be able to grow our business significantly in the past several years, even in a difficult environment for manufacturing in North America,” said Ron Hunt, General Manager of Precision Resource Canada.  “This addition will provide the room that we will need for the new business that we have booked and will allow us to significantly improve our overall material flow in the plant.”

Fineblanking is a high precision metal forming process used extensively in the automotive, heavy duty, electronics, medical, lawn and garden, and general industrial industries.  This unique process creates parts with very tight dimensional tolerances, excellent flatness, and with very little variation form part-to-part throughout long production runs.  These characteristics lead designers to specify fineblanked components for their most critical applications.

Founded as Fairfield Tool Company in 1947, privately held Precision Resource has grown to be the leading supplier of fineblanked components in North America and services leading manufacturers throughout the world.  Precision Resource also has a tremendous range of secondary finishing capabilities that enable it to provide completed components to their customers.  These capabilities include CNC machining, double disc grinding, fine grinding, lapping, broaching, and assembly.

Precision Resource has six production facilities in the United States and Canada.  In addition to the facility in Cambridge, Ontario, the company operates plants in Huntington Beach, CA; Ft. Lauderdale, FL; Vernon Hills, IL; Mt. Sterling, KY; and has a production facility and corporate headquarters in Shelton, CT.  For more information regarding the company, visit www.precisionresource.com.