PFI Precision Machining Named Semi-Finalist for Business Awards
They are recognized for innovative hiring and employment practices for Millennial and Generation Y workers, and creating an environment that nurtures teamwork.
Posted: October 4, 2016
PFI Precision Machining (Dayton, OH) has been named a semi-finalist in the University of Cincinnati Goering Center’s Family and Private Business Awards for 2016. The annual recognition program honors Tri-State companies that epitomize the best in family and private business practices. PFI was nominated for the award by manufacturing and business consultant TechSolve (Cincinnati, OH) for their innovative hiring and employment practices that are designed to attract and motivate Millennial and Generation Y workers while creating an environment that nurtures teamwork.
The 50-year-old custom manufacturer is ISO 9001-certified and has a 99 percent on-time delivery record for the more than one million parts they ship each month. Their lean cost structure supports efficient solutions for precision machined parts and press fit mechanical assemblies for a diverse customer base that ranges from the aerospace, automotive and medical equipment device industries to food processing, industrial machinery and equipment and marine markets.
According to the Goering Center, which is associated with the University of Cincinnati’s Carl H. Lindner College of Business, 5.5 million U.S. family businesses generate $8.3 trillion of gross domestic product, make up 63 percent of the workforce, and are responsible for 78 percent of all new job creation.
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