Summary
HB Precision Products
Founded in 2002
Description
HB Precision Products Inc., a firm formed in 2002 to provide Precision Machining Services, Tooling, EDM Services, and Machine Design and Building Services. After almost 50 years of combined service with Precision Products Company of North Smithfield, RI, Ron and Ray Houle, Jr, have formed HB Precision Products, Inc. to service our previous and future customers with a new facility incorporating the latest and most technologically advanced equipment available. Such equipment as a new AGIE Classic 2S wire EDM machine and AGIE Mondo Star 20 CNC EDM Sinker and Charmilles FI240CC Wire EDM Machine , top the list of new capabilities at HB Precision Products, Inc. Also are new Sharp Milling machines, with the newest Accu-Rite Millpower controls, Sharp 8x20 CNC Surface Grinders, and a Proto-Trak 14"CNC Tool Room Lathe, and a Moore Model G18 Precision Jig Grinder . As always, we and our staff, are committed to providing the highest quality services at competitive prices to all our customers. We have invested heavily in new equipment, software and personnel. In addition to machining services, we are also offering new design and build services.
Strengths
- Revenue generated per employee is greater than industry average
- Revenue growth is more steady than the industry average
Weaknesses
- HB Precision Products has a very small market share in their industry
- Revenue growth is less than the industry average
- The number of employees is not growing as fast as the industry average
Annual Revenue
HB Precision Products's annual revenue
$2711000
Based on Kona Equity data
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Revenue per employee
$246455
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Variance of revenue growth
0.03
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Annual revenue growth since founding
$123227
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Revenue growth rate from first known quarter to current
-42.8%
Employee Count
11 employees
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Employee growth rate from first known quarter to current
-42.3%
Executives
Lisa Lahousse
Products
l**@hbprecision.comGraham Gibbs
Machinist
g**@hbprecision.comRon Houle
Owner
r**@hbprecision.comBobby Provencher
CNC Machinest
b**@hbprecision.comSandra Chausse
Office Manager
s**@hbprecision.comMelissa Donahue
Office Manager
m**@hbprecision.comG Score - 2
The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.
- G2 Income per employee more than industry average.
- G5 Variance of revenue growth is less than the industry average
Location
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Key Information
- Name: HB Precision Products
- Category: Machinery
- Industry: Machining Manufacturer
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Firmographic data G Score of 2 Founded in 2002
Frequently Asked Questions
HB Precision Products's headquarters are located at 21 Lark Industrial Pkwy Greenville, RI 02828.
HB Precision Products's official website is hbprecision.com
HB Precision Products's annual revenue is $2.7 M.
HB Precision Products has 11 employees
HB Precision Products is in the industry of Machinery.