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Home > Company Index > Manufacturing > Machine Tools, Components & Accessories > Precision Twist Drill Company

Precision Twist Drill Company
 PROFILE
No cutup here, Precision Twist Drill is a serious supplier of cutting tools to the metalworking industry. A subsidiary of Swedish industrial group Sandvik AB's tooling unit, Precision makes twist drills and high-speed steel and solid-carbide cutting tools. It is also a leading maker of drill bits in North America. It markets Precision- and Triumph-branded drills to the aerospace, automotive, construction, off-road equipment, and do-it-yourself industries. It sells products through a worldwide distributor network. The company's drills include reamer combinations and made-to-blueprint specials, such as subland drills.

 COMPETITION
Bridgeport Machines, Inc. (dossier)
Flow International Corporation (FLOW)
Greenfield Industries, Inc. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1997 Sales (mil.): 110.70
1-Yr. Sales Growth: 5.3%
Employees: 1,655
Revenue per employee: $66,888.22

 KEY PEOPLE
• Tony Elfstrom
    CEO
• Dave Thompson
    CFO

 CONTACT INFO
One Precision Plaza
Crystal Lake, IL 60014
US
Phone: 815-459-2040
Fax: 815-459-2804
Online: Web Site

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