Precision Aerospace Corp has an interesting entrepreneurial history. We have changed and grown by identifying opportunity and focusing on core competencies. Even as we grow and mature, this same entrepreneurial spirit is alive in our culture today.
Marinus VanderKodde and Burt Ericson founded Precision Template Co. in 1956. Both were past employees of Lear Siegler and formed Precision to make sheet metal templates. The company was focused on the aerospace industry right away as we served local avionics manufacturers like Lear Siegler (now GE Aviation and National Water Lift (now Parker HSD).
Roger Driesenga purchased the company in 1968 and changed the name to “Precision Sheetmetal & Machine Co., Inc.”. Under Mr. Driesenga, Precision diversified it’s competencies into machined parts and began a growth trajectory that served a more national market.
William Hoyer began working at Precision in 1988 as a Product Engineer for a focused segment of the business. His role expanded quickly and in 1990 he purchased a majority ownership stake in the company. Precision’s growth and development continued including organic growth with existing customers, adding new customers and with acquisitions.
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In 1998 the company name changed to “Precision Aerospace Corp.” We made this change to both formally identify our primary market, and highlight the company’s excellence in serving the aerospace industry.
In 2013 PAC had located a new building on Corporate Grove Blvd. and began to prepare it for world class manufacturing. New infrastructure was installed and any new equipment purchases were delivered to this new location. This new building provided PAC 80,000 square feet initially and room to grow. By August of 2014 we were all together operating out of the new plant on Corporate Grove.
Aerospace is soaring and so are we! The future looks bright for the aerospace industry and for PAC. Our parts are on most of the major new aircraft platforms that will be taking off into full production over the next couple of years. With a solid history of achievement, we are poised to grow and thrive in the future.