Precision Associates Plans Expansion, Job Growth After Acquisition

Precision Associates isn’t the only one with new jobs, others are hiring right now! Check it out! (Isn’t it tempting?)

Minneapolis-based Precision Associates, Inc., is charting growth after acquiring a majority stake in a fellow Twin Cities manufacturing firm. Precision Associates, which manufactures rubber seals and O-rings, acquired a 90 percent stake in Ramsey-based MMI Precision for roughly $2.3 million, Adrian Kadue, Precision’s vice president of development, told Twin Cities Business. Shawn Martin, who founded MMI in his garage roughly 15 years ago, retains about a 10 percent stake in the company.

Don’t forget, hundreds of biopharma companies are hiring! (We know you can’t resist.)

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