![](https://investorshub.advfn.com/uicon/475136.png?cb=1626902057)
Saturday, April 18, 2015 12:48:53 AM
In 2003, Precision was purchased by M Line Holdings, Inc., (formerly Gateway International Holdings, Inc.), its current owner. The Company continued to operate from its Santa Ana facility but soon outgrew the facility as reveues increased. In 2006 Precision moved to its current location at 2672 Dow Avenue, Tustin, CA 92780. The current location boasts 50,000 square feet that includes 8,000 square feet of offices.
In 2008 the aerospace manufacturing business was severely affected by the downturn in the economy. Many small to mid size machine tool shops closed. Since the 2009 fiscal year Precision has increased revenues every year due to the global demand for air travel and the demand for fuel efficient aircraft.
Precision now expects continued growth over the next five to ten years.
AIMO GLTA
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM