SEYMOUR >> For three decades, the family-owned Precision Aerospace, Inc. has been cranking out machine parts to help make commercial airplanes and even rockets soar.
The company’s humble roots, initially based out of a basement in Derby back in 1985, with annual sales totaling $100,000, has since grown to a 20,000-square-foot manufacturing facility in the Silvermine Industrial Park, where sales for 2014 topped $9.5 million.
Thanks to the vision of its founder and veteran CEO Jack E. Hillman, Sr., and its dedicated employees — who call each other family — the company was recognized on a global level Friday for outstanding excellence.
The Eaton Corp., a $22 billion worldwide power management corporation, with a local office based out of Bethel, awarded Precision Aerospace with one of only two “Supplier of the Year” awards. The Seymour company was selected among 2,000 other companies worldwide, according to Drew Shelby, commodities manager for Eaton, who nominated Precision Aerospace for the award.
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