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Precision Resource has a stand-alone technical center in Cambridge, ON that develops the company’s fineblanking and processing technologies. |
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Manufacturer |
 Precision Resource Establishes European Production Center in Logatec, Slovenia Precision Resource Establishes European Production Center in Logatec, Slovenia
Precision Resource, a renowned US-based company specializing in the development of fineblanking technology, has chosen Logatec, Slovenia, as its European production facility.
Precision Resource, a renowned US-based company specializing in the development of fineblanking technology, has chosen Logatec, Slovenia, as its European production facility. The newly established factory, located southwest of Ljubljana, aims to expand the company's presence and cater to the European market.
With existing production sites in the United States, Canada, Mexico, and China, Precision Resource adds the Logatec facility as its strategic European base. The company supplies metal products to various industries, notably automotive, and seeks to explore opportunities in sectors such as medicine, aviation, and energy.
Logatec was selected due to its promising investment potential and the site's flexibility for future expansion. The facility in Logatec adheres to the highest standard certificates, reflecting Precision Resource's commitment to excellence and quality.
"We are confident that this strategic decision will benefit both our company and contribute to Slovenia's economy and the local community," stated Precision Resource. The company praised the efficiency of the Logatec facility, highlighting its adherence to energy standards and utilization of state-of-the-art technology and automated processes to stay competitive.
The launch event of Precision Resource's Logatec facility featured CEO Peter Wolcott, Managing Director Kaveh Vafaei, Slovenian Branch Director Alessandro Luppis, as well as representatives from the US embassy, the Chamber of Commerce and Industry, and the SPIRIT investment agency. The event showcased the company's commitment to building strong partnerships and fostering economic growth.
This move comes six years after Precision Resource's acquisition of the fineblanking assets of Hidria Rotomatika in Idrija, Slovenia. Founded as Fairfield Tool Company in 1947, Precision Resource has solidified its position as a leading supplier of fineblanked components worldwide.
Fineblanking, a precise metal forming process, finds extensive application across a range of industrial sectors, making Precision Resource's expertise and presence pivotal in the industry.
With its European production center in Logatec, Precision Resource is poised to further expand its market reach, deliver exceptional products, and contribute to the growth of Slovenia's manufacturing sector."
Our Technical Center
Precision Resource has a stand-alone technical center in Cambridge, ON that develops the company’s fineblanking and processing technologies. Working with our production divisions and our customers, the technical center helps to develop part designs and robust production solutions to meet our customers’ requirements in the most cost–effective manner. Their services include design support, prototype production, secondary process development, and limited production.
Additionally, the Technical Center is the centralized fineblanking tool building facility for the company. Here we design and manufacture complex progressive fineblanking tooling that pushes the technology forward and enables Precision Resource to create more and more features in the fineblanking press, limiting the need for secondary finishing operations.
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+1 203-925-0012
