Precision Laser

Navy awards $30,000,000 IDIQ contract for Crew Served Weapons Systems to PLSMFG

eferrier — Wed, 18 May 2011 17:22:19 +0000

Precision Laser Services, Inc. Fort Wayne, Ind. and four others are each being awarded firm-fixed-price, indefinite-delivery/indefinite-quantity contracts with a maximum value of $30,000,000 for crew-served weapons gun mounts used in force protection roles. Crew-served weapons gun mounts and stands are being procured to support Navy, Army, Coast Guard, and Marine Corps in various applications. Work performed under these contracts is expected to be completed by May 2016. This contract combines purchases for the Navy and the governments of Bangladesh, Columbia, Iraq, Jordan, Lebanon, Kuwait, Saudi Arabia, Yemen, and the Republic of Cape Verde under the Foreign Military Sales Program. This contract was competitively procured as a total small business set-aside with 18 offers received via the Federal Business Opportunities website. The Naval Surface Warfare Center, Crane Division, Crane, Ind., is the contracting activity.

PLSMFG a finalist for the 2011 Indiana Companies to Watch Award

eferrier — Tue, 10 May 2011 18:25:54 +0000

Precision Laser Services, Inc. ia a finalist for the Indiana Companies to Watch awards. As a second-stage business in Indiana,, companies like PLSMFG are the backbone of the state’s economy. As a finalist for the 2011 list, PLSMFG is selected for their contributions as an employer, their innovations and support of the community.

PLSMFG nominated as an Indiana Company to Watch!

eferrier — Sun, 20 Mar 2011 19:18:33 +0000

Indiana Companies to Watch celebrates high-performing, second-stage companies in the state. Known for their performance in the marketplace, innovative products, unique processes or philanthropic actions, these companies represent a wide range of industries from all corners of Indiana.

Precision Laser Services has once again been nominated for the 2011 award.

PLSMFG receives a SWAGGER award from The Alliance

eferrier — Tue, 08 Mar 2011 20:42:02 +0000

On March 3, 2011 The Fort Wayne-Allen County Economic Development Alliance unveiled the 2011 Swagger award winners and Precision Laser Services was honored under the Sustainer category. To quote The Alliance; “The Swagger Awards provides The Alliance, along with its partners at the City of Fort Wayne and Allen County, with an opportunity to recognize businesses in our community who exemplify swagger”.

Along with PLSMFG, other companies honored included; BAE Sysems, ITT Communications Systems, Wagnert-Meinert, Allied Automotive, Excellon Technologies, L.H. Medical, Precise Manufacturing, and Trelleborg Sealing Solutions.

PLSMFG named a Leading Area Employer

eferrier — Fri, 04 Mar 2011 15:21:05 +0000

The Fort Wayne-Allen County Economic Development Alliance names Precision Laser Services as a leading area employer in the Communications & Defense Industry. Ranked just above Northrop-Grumman Corp, PLSMFG supplies custom machined parts and fabricated assemblies to the Army, Navy, Air Force, and Special Forces. PLSMFG president, Ed Ferrier states ” We are honored to be named on the list of leading suppliers, our goal is to provide the best quality and service possible in support of the warfighter”.

Precision Laser captures Inc. 5000 ranking with military contracts, diversity

eferrier — Thu, 02 Sep 2010 14:16:43 +0000

Military service has put a Huntertown company on the Inc. 5000 roster of the nation’s fastest-growing companies – for the second year in a row. While other manufacturers struggled through the economic turmoil of the past three years, family-owned Precision Laser Services Inc. has posted a 23 percent revenue growth, reports the magazine in announcing its list of private entrepreneurs.

“The leaders of companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. President Bob LaPointe.

Precision Laser Services has been awarded more than $10 million in military contracts over the past three years, from weapons lockers to machine gun mounts to spare parts, said Ed Ferrier, CEO and general manager. While the military machining and fabrication contracts primarily supply the Navy’s Special Forces, often other branches of the U.S. military request similar products when they see the quality and utility of Precision Laser Services’ products.

A diverse customer base depends on Precision Laser Services for its ability to create more-efficient products to save energy and costs in these tough times, said Ferrier. His company was able to help a key customer in the food services industry dramatically reduce its utility costs. Precision Laser Services also machines parts for the RV, marine and trucking industries, problem-solving for customers eager for more-efficient and cost-effective parts and products.

Precision Laser has developed a niche in swift turnaround of laser cut and stamped value-added products that often are too complex to interest large manufacturers. “We recently added capabilities to do those kinds of jobs,” said Ferrier.

Founded in the late 1940s by Otis G. Ferrier, “modernized” by his son Dale O. Ferrier’s purchase of a laser drill in 1972, and diversified under his son Ed Ferrier’s leadership, Precision Laser continues a family tradition of innovation.

The 26-employee company recently joined Northeast Indiana Defense Industry Association, which includes area “big guns” like Raytheon and General Dynamics, to help promote the Defense industry in Northeast Indiana.

Learn more about Precision Laser Services at www.plsmfg.com or 260-744-4375. For more about the Inc. 5000, visit www.inc.com.

PLSMFG Joins the Northeast Indiana Defense Industry Association

eferrier — Tue, 24 Aug 2010 20:25:28 +0000

Precision Laser Services joins with other like-minded companies in this area to promote and expand the defensse industry in NE Indiana. Along with PLSMFG other members include; Raytheon, ITT, Northrop Grumman, Navistar, General Dynamics and Undersea Sensor Systems.

For more information on NIDIA, visit http://nidiaonline.org/

Precision Laser Services Named to INC 5000 for Second Straight Year

eferrier — Tue, 24 Aug 2010 14:24:21 +0000

In a press release today from INC Magazine, Precision Laser Services was named one of the fastest growing privately held small business in the US for 2010. This marks the second year in a row that PLSMFG has made the INC5000 list. “We consider ita great honor to have made the list for two consecutive years. This is a testament to the hard work and dedication of the team assembled here at PLSMFG” said Ed Ferrier, President.

Seeing the Light

eferrier — Tue, 23 Mar 2010 15:30:42 +0000

The Greater Fort Wayne Business Journal published an article about Precision Laser Services being the oldest laser job shop in the country. The story recounts the companies roots in the diamond wire die industry and traces its path through three generations of leadership as it transformed itself into a leading laser based manufacturer serving the needs of the automotive, trucking, medical, industrial and military markets in the midwest.

PLSMFG Nominated to be an Indiana Company to Watch

eferrier — Tue, 23 Mar 2010 15:17:09 +0000

Precision Laser Services was nominated for the 2010 Indiana Companies to Watch Award. Indiana Companies to Watch celebrates high-performing, second-stage companies in the state. Known for their performance in the marketplace, innovative products, unique processes or philanthropic actions, these companies represent a wide range of industries from all corners of Indiana. The companies selected each year make a point about Indiana’s diverse economic landscape. They make an astounding impact on the state’s economy by collectively providing thousands of jobs and contributing millions of dollars of revenue.

For more information visit http://companiestowatch.org/index.ctw?aff=Indiana&page=home