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Precision Plus was founded as an
S-Corporation in 1986 by a machinist
and entrepreneur convinced there was an opportunity for a successful
machine shop to support industrial growth in Greenwood, Abbeville and
surrounding counties. The shop targeted non-textile industry with
milling, turning, grinding, machine assembly, welding and prototyping
services.
In 1994, after some success establishing a local customer base, the
business was sold to Greenwood Fabricating & Plating, a larger and
growing metal fabricating and electroplating corporation managed by
Kirk Husser, that wanted to add these capabilities to its offering.
GF&P was able to expand the customer base, provide capital for
Computer Numeric Control (CNC) equipment, and establish better
financial, materials management and quality systems (including ISO-9002
and QS-9000).
GF&P made a strategic decision to return to its core business, that
of electroplating and electroplated part fabrication, and move away
from parts machining and machine assembly. It was seeking first,
to sell the company to individuals familiar with the business, who
would be able to concentrate on the sales growth and cost reduction
required to solidify and improve the earnings of the business. This was
accomplished by interesting two former GF&P employees,
Kirk Husser and Mike Boudreau, to return the business to a stand-alone
S-Corporation.
Thus, Precision Plus of Greenwood, Inc. was formed in late October of
2002. The "new" Precision Plus has many more strategic
relationships in place than in 1984, including a great relationship
with GF&P, with the added engineering, quality, and financial
skills to take the business well into the new century. Much of our
early efforts involve establishing or re-establishing ties with area
industry. More than 2/3's of the top 20 industries in the area are
already customers. Precision Plus has targeted the other 1/3 and
will also seek business throughout the southeast.
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Mailing
Address
Precision Plus, Inc
PO BOX 49878
Greenwood, SC
29649
Shipping
Address
Precision Plus, Inc
2770 Hwy 72 East
Abbeville, SC 29620
(864) 229-2424
(864) 229-0401 fax
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