Precision Strip, Inc.

Precision Strip, Inc. is the nation's largest toll processor of metals, founded in 1977 in Minster, Ohio. The company has expanded to 15 locations across Ohio, Kentucky, Indiana, Alabama, Tennessee, and Michigan. Precision Strip sets itself apart with a strong focus on exceptional customer service and problem-solving, facilitated by in-house engineering and IT systems teams. With a total of 3.8 million square feet of building space, the company houses an impressive array of processing equipment including slitting lines, cut-to-length lines, oscillate slit lines, blanking lines, laser blanking lines, edge conditioning lines, and perforating lines, as well as providing leveling, stenciling, lube application, and full material inspection. Precision Strip's strategic plant locations allow for just-in-time warehousing and delivery services to various industries. The company's unique packaging and material handling techniques improve efficiency and reduce coil damage. Precision Strip predominantly processes carbon, stainless steel, aluminum, and copper. While there is no available information on the last investment, the company's dedication to excellence and its unique positioning in the metal processing industry indicate potential for future interest from investors.