Decades of precision machining earn success for L. & M. Precision

L. & M. was founded in 1962.

L. & M. Precision Products Inc. has been a major provider of screw machine and precision machined components to Canada and the U.S.A. for decades. The company’s impressive longevity is a result of consistent hard work and stamina. For close to 60 years, L. & M. has weathered several generations’ worth of economic highs and lows to remain as one of the leaders in the industry.

Since its 1962 launch as L. & M. Screw Machine Products Ltd., the company has grown into a premier source of custom-machined components for virtually every sector.

Constant growth and improvement

What explains the company’s unusual staying power? One factor is decades of strong leadership, with minimal turnover in not only its management group but throughout the team membership. All employees are dedicated to constant growth and improvement, and they know how to handle economic downturn. L. & M. has demonstrated the ability to make solid business decisions without being vulnerable to the stresses of recession and the global pandemic crisis.

Growth is a goal that the company has achieved. The firm was founded with a small employee base and limited facility space to produce screw machine components. Today, L. & M. employs more than 70 skilled full-time workers, plus many temporary personnel, and operates from 65,000 square feet of available operating space.

Since 2010, L. & M. has focused on investing in new equipment – leading to high production efficiency and new customer opportunities. But the shop floor workers are at the heart of the company. It is an employee-owned, non-union business, so its workers are personally invested in the company’s continuing success. The majority of the company’s employees have been with L. & M. for more than 20 years, which demonstrates their long-term commitment to the company.

Last, L. & M.’s dedication to its clients helps it to endure. The company can serve businesses in all industries that need screw machine and precision machined components. Many of these businesses are repeat customers that have relied on L. & M. for many years.

Strong leadership, committed workers, and a loyal customer base – these are the ingredients in L. & M.’s enduring success. And they will continue to drive the company forward in years to come.

To learn more, contact L. & M.

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