Operating from its state-of-the-art processing plant in Birmingham, Precision Micro manufactures more than 50 million high precision metal components each year for major global manufacturing customers across automotive, aerospace, medical and industrial markets. Its pioneering photo-chemical etching process provides a cost-effective alternative to traditional sheet metalworking when machining precision parts from thin gauge metals.
Working to micron accuracy, its components enable next-generation aircraft engines, zero-emission vehicle technology, surgical instruments, titanium medical implants and automotive companies for the likes of Rolls-Royce, Mercedes, Jaguar and Bentley. Over 75% of Precision Micro’s £15m sales come from overseas markets.
Managing director McMurray says the investment would enable the company to take full advantage of several positive, global trends in its core markets, including the increasing preference for complex, burr and stress-free components manufactured from high performance metals, rising quality standards, the miniaturisation of electronics and increasing demand for clean and fuel-efficient vehicles.
