Since our founding in 1998, Carolina Precision has focused on being a market leader in Swiss‐type CNC machining of small diameter, close tolerance turned parts. Starting with only two CNC machines and a single customer in the specialty industrial sector, the company has consistently grown over the last 20 years.
In 2001, Carolina Precision relocated and began manufacturing parts in one of our current facilities located in Mooresville, North Carolina, just outside Charlotte. Over the next 2 decades, the Company continued to grow with a commitment to developing and supporting long-term relationships with our customers. A specific focus on consistently delivering production volume parts on-time, with 100% quality, has been critical to our success.
Carolina Precision received our first ISO 9001 certification in 2011 and followed in 2013 with our initial AS9100 certification. Since that time, our mix of aerospace and defense business has continued to grow by double-digits each year, resulting from of our ability to effectively service an ongoing increase in customer demand.
In 2015, we joined forces with Linx Partners, a private equity firm founded in 1999. Linx invests in U.S. industrial companies and took interest in Carolina Precision because of our operating acumen and successful integration of information technology that can be leveraged to continue the growth of our business.
Carolina Precision completed our first acquisition in 2016 by adding a second manufacturing facility with both Swiss-type and multi‐axis mill CNC machining capabilities in Warminster, Pennsylvania, just outside Philadelphia. This acquisition not only brought us a first-class team of industry veterans, but also allowed Carolina Precision to begin servicing the medical device industry.
Renchel Tool Inc. is a niche contract manufacturer with a focus on complex orthopedic instruments and implants as well as aerospace/petro-chemical applications. Headquartered in Putnam, CT, Renchel Tool’s products predominantly cover a broad range of precision machined instruments for the medical device surgical market, including orthopedic instruments used during hip, knee, spine, and extremities surgeries. Click here to view full press release »