PRECISION PRODUCTS GROUP
Company Snapshot
Company Overview
Precision Products Group (PPG) is brand family of high-achieving, fast-growing manufacturers across many industries. The company has more than 1,000 annual customers across its portfolio, including:
- Paramount Tube: Provides custom engineered tubing products designed for each client’s specific needs.
- Breyden Products: Provides lacing tapes and cords, overbraiding yarns and Nomex sleeving.
- Saylor Technical: Develops sleeving, loom and tapes to service a growing customer base.
- Euclid Medical Products: Offers automated packaging solutions for various medical markets.
- Fusheng Insulation: Offers advanced tube products for the electric motor market and mechanical applications.
Established in 1955, Euclid Medical Products specializes in creating automated packaging systems for pharmaceuticals. The company offers a range of equipment and software for packaging tablets and liquid medications. Its products cater to various industries, including the automotive, defense and medical fields. Euclid Medical Products is renowned for its reliability, and it has established strong partnerships with hospital pharmacies, long-term care facilities and third-party repackagers.
In September 2020, Auxo Investment Partners, a private equity firm acquired Paramount Tube and Euclid Medical, which operates under the PPG.
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Company's Business Segments
- Packaging Products : The company offers a variety of precision products, including spiral-wound, extruded tubing, and solutions like unit dose and adherence packaging, ballistics armor, and cutting tools.
Applications/End User Industries
- Automotive
- Electrical Insulation
- Defense
- Aerospace
- Medical
- Pharmaceuticals
- Speciality Packaging
- Consumer Packaged Goods