Preco, Inc.

Preco, Inc. specializes in advanced material processing solutions, focusing on innovative laser cutting, rotary die cutting, and flat bed die cutting equipment to enhance operational efficiency across diverse industries. Founded in 1956 in Lenexa, US, Preco, Inc. offers specialized material processing solutions.

The company has maintained a consistent focus on developing high-precision cutting technologies that cater to various sectors. Randy Schuster serves as the CEO, overseeing the company's strategic initiatives. Preco has completed one deal, with the most recent investment occurring on March 11, 2022. Preco, Inc.

specializes in advanced material processing solutions, primarily through its core offerings of laser cutting, rotary die cutting, and flat bed die cutting equipment. These products cater to high-speed and high-accuracy demands across various industries, enabling efficient processing of materials used in applications such as packaging, automotive, and medical devices. Preco also offers contract manufacturing services that utilize its proprietary die cutting and laser technologies to deliver customized solutions. The company serves a diverse North American client base, helping manufacturers and converters optimize their productivity while reducing operational costs.

Preco, Inc. generates revenue primarily through the sale of its specialized cutting equipment and contract manufacturing services. Their transaction structure involves direct sales to B2B clients, with revenue realized through one-time equipment purchases and ongoing contract services. This includes tailored production runs according to customer specifications, establishing partnerships with industries that demand precision-engineered solutions.

The flagship offerings, including high-speed automated processing systems, play a pivotal role in their revenue-generating activities, attracting clients focused on optimizing production capabilities. Pricing for products and services is based on the complexity and customization required by clients. In March 2022, Argosy Private Equity invested in Preco, Inc. , enabling the company to pursue growth opportunities for the benefit of its customers and employees.

Preco plans to launch new products designed to enhance their existing service offerings and expand into new markets, specifically targeting sectors in North America that require advanced material processing solutions. The recent funding will support these initiatives and facilitate the development of innovative technologies to address market demands.