--- title: PFI Precision News (2) description: PFI Precision Machining near Dayton, OH has been providing the highest quality, on-time and low cost custom machined parts for 50+ years. We invest in the most competitive technologies and processes to provide the highest quality, cost-effective solutions. Here we share our expertise and current industry news. (2) --- ###### Skip to Content Call: 800.248.4734    RFQ Hotline: 937.845.3081   E-mail: [sales@pfiprecision.com ](mailto:sales@pfiprecision.com)   [![Request More Information](https://no-cache.hubspot.com/cta/default/2436068/5a60f7a8-5eef-4e2c-bbaf-0dc734cc023f.png)](https://cta-redirect.hubspot.com/cta/redirect/2436068/5a60f7a8-5eef-4e2c-bbaf-0dc734cc023f)     [![PFI Logo 9-26-19](https://www.pfiprecision.com/hs-fs/hubfs/Newsletter%20Images/Logo/PFI%20Logo%209-26-19.png?width=299&height=149&name=PFI%20Logo%209-26-19.png)](https://www.pfiprecision.com/)   [![ISO 9001-2015 Certified](https://www.pfiprecision.com/hs-fs/hubfs/Brochures/ISO%209001-2015%20Certified.png?width=204&height=37&name=ISO%209001-2015%20Certified.png)](https://www.pfiprecision.com/hubfs/Brochures/ISO%209001-2015%20Certificate%20-%20240102.pdf)   ![PFI Precision Medley Machined Parts](https://www.pfiprecision.com/hs-fs/hubfs/PFI-Precision-Jul2016-Theme/Images/PFI-Home.png?width=270&name=PFI-Home.png "PFI Precision Medley Machined Parts") # PFI Precision Machining News PFI Precision Machining has been providing the highest quality, on-time and most cost effective custom machined parts for over 50 years. In PFI Precision News, we share our expertise and industry news.  If you have any suggestions, share them.  Your input helps us make decisions and continuously improve.   # [CASE STUDY:Continuous Improvement Yields Cost Savings for Customer](https://www.pfiprecision.com/precision-news/case-studycontinuous-improvement-yields-cost-savings-for-customer) Posted by [Tyler Rose](https://www.pfiprecision.com/precision-news/author/tyler-rose) on Apr 10, 2017 2:07:03 PM - [Tweet](https://twitter.com/share) [![](https://www.pfiprecision.com/hubfs/PFI%20Blog%20Pictures/Continuous%20Improvement.jpg) ](https://www.pfiprecision.com/precision-news/case-studycontinuous-improvement-yields-cost-savings-for-customer) Looking for ways to simplify, PFI Precision Machining reduces unit cost. [Read More](https://www.pfiprecision.com/precision-news/case-studycontinuous-improvement-yields-cost-savings-for-customer) 0 Comments [Click here to read/write comments](https://www.pfiprecision.com/precision-news/case-studycontinuous-improvement-yields-cost-savings-for-customer#comments-listing) # [Cutting Tool Consumption Down in 2016](https://www.pfiprecision.com/precision-news/cutting-tool-consumption-down-in-2016) Posted by [Colleen Janek](https://www.pfiprecision.com/precision-news/author/colleen-janek) on Feb 6, 2017 7:50:23 AM - [Tweet](https://twitter.com/share) [![](https://www.pfiprecision.com/hubfs/PFI%20Blog%20Pictures/Cutting%20Tool.png) ](https://www.pfiprecision.com/precision-news/cutting-tool-consumption-down-in-2016) In a report compiled by the U.S. Cutting Tool Institute (USCTI) and the Association For Manufacturing Technology (AMT), U.S. tooling consumption was down 5.7% in 2016. This figure is based on totals reported by companies who participated in the Cutting Tool Market Report (CTMR). As a leading consumable in the manufacturing process, cutting tool consumption is seen as a leading indicator of overall manufacturing ups and downs.  Tooling performance is identified as a strong indicator because it's a true measure of actual production levels. What does that mean for the year ahead? [Read More](https://www.pfiprecision.com/precision-news/cutting-tool-consumption-down-in-2016) 0 Comments [Click here to read/write comments](https://www.pfiprecision.com/precision-news/cutting-tool-consumption-down-in-2016#comments-listing) Topics: [Manufacturing](https://www.pfiprecision.com/precision-news/topic/manufacturing), [News](https://www.pfiprecision.com/precision-news/topic/news), [Industry Outlook](https://www.pfiprecision.com/precision-news/topic/industry-outlook), [Industry News](https://www.pfiprecision.com/precision-news/topic/industry-news) # [PFI Named 2016 Semi-finalist for Family and Private Business Award](https://www.pfiprecision.com/precision-news/pfi-precision-machining-named-2016-semi-finalist-for-family-and-private-business-award) Posted by [Colleen Janek](https://www.pfiprecision.com/precision-news/author/colleen-janek) on Feb 2, 2017 11:49:12 AM - [Tweet](https://twitter.com/share) [![](https://www.pfiprecision.com/hubfs/PFI%20Blog%20Pictures/GoeringCenterFamilyPrivateBusinessAwardFinalist-2016.jpg) ](https://www.pfiprecision.com/precision-news/pfi-precision-machining-named-2016-semi-finalist-for-family-and-private-business-award)   Our greatest resources are our employees. It has been a time of transition since taking over running the company after Tom's unexpected death.  We couldn't have made it through this transition without such an amazing workforce. I am truly honored to be in a position to lead such an innovative, committed and caring group of people.  [Read More](https://www.pfiprecision.com/precision-news/pfi-precision-machining-named-2016-semi-finalist-for-family-and-private-business-award) 0 Comments [Click here to read/write comments](https://www.pfiprecision.com/precision-news/pfi-precision-machining-named-2016-semi-finalist-for-family-and-private-business-award#comments-listing) Topics: [Awards](https://www.pfiprecision.com/precision-news/topic/awards), [PFI Company News](https://www.pfiprecision.com/precision-news/topic/pfi-company-news) # [Welcome to PFI PRECISION News](https://www.pfiprecision.com/precision-news/welcome-to-pfi-industry-news) Posted by [Colleen Janek](https://www.pfiprecision.com/precision-news/author/colleen-janek) on Jan 30, 2017 2:10:48 PM - [Tweet](https://twitter.com/share) [![](https://www.pfiprecision.com/hubfs/PFICompanyPhoto-2016.jpg) ](https://www.pfiprecision.com/precision-news/welcome-to-pfi-industry-news)   [PFI Precision Machining](https://www.pfiprecision.com/) has been providing the highest quality, on-time and low-cost custom-machined parts for 50+ years.  We invest in the most competitive technologies and processes to provide our customers with the highest quality, cost-effective solutions for close tolerance component parts and mechanical assemblies.  We will use the newly launched 'PFI Precision News' to share our expertise and current industry news that is helping us make decisions and continuously improve. [Read More](https://www.pfiprecision.com/precision-news/welcome-to-pfi-industry-news) 0 Comments [Click here to read/write comments](https://www.pfiprecision.com/precision-news/welcome-to-pfi-industry-news#comments-listing) Topics: [Welcome](https://www.pfiprecision.com/precision-news/topic/welcome), [PFI Company News](https://www.pfiprecision.com/precision-news/topic/pfi-company-news) [Previous](https://www.pfiprecision.com/precision-news/page/1) [All posts](https://www.pfiprecision.com/precision-news/all) ## [About PFI](https://www.pfiprecision.com/about) PFI is a privately-held, woman-owned machining company located near Dayton, Ohio.  We are ISO 9001:2015 Certified and have an excellent on-time delivery record and customer service. We invest in competitive technologies and excellent cost control systems to provide our customers with high quality, cost-effective close tolerance component parts and mechanical assemblies.   With a staff of highly-skilled workers, over 50 years of custom machining experience and the confidence to take on your complex part projects, PFI is ready to be your custom machine shop. We look forward to being your first choice for your small-diameter machining needs. [Learn more about our projects](https://www.pfiprecision.com/project). [![Request A Quote](https://no-cache.hubspot.com/cta/default/2436068/93e86762-eb82-4002-b69e-2aba77feafb9.png)](https://cta-redirect.hubspot.com/cta/redirect/2436068/93e86762-eb82-4002-b69e-2aba77feafb9)   ### Subscribe to Email Updates ### Recent Posts ### Posts by Topic - [PFI Company News (10)](https://www.pfiprecision.com/precision-news/topic/pfi-company-news) - [Manufacturing (4)](https://www.pfiprecision.com/precision-news/topic/manufacturing) - [Quality (3)](https://www.pfiprecision.com/precision-news/topic/quality) - [Supply Chain (3)](https://www.pfiprecision.com/precision-news/topic/supply-chain) - [Awards (1)](https://www.pfiprecision.com/precision-news/topic/awards) - [Inconel machining (1)](https://www.pfiprecision.com/precision-news/topic/inconel-machining) - [Industry News (1)](https://www.pfiprecision.com/precision-news/topic/industry-news) - [Industry Outlook (1)](https://www.pfiprecision.com/precision-news/topic/industry-outlook) - [News (1)](https://www.pfiprecision.com/precision-news/topic/news) - [Reshoring (1)](https://www.pfiprecision.com/precision-news/topic/reshoring) - [Welcome (1)](https://www.pfiprecision.com/precision-news/topic/welcome) - [aerospace requirements (1)](https://www.pfiprecision.com/precision-news/topic/aerospace-requirements) - [careers (1)](https://www.pfiprecision.com/precision-news/topic/careers) - [inconel (1)](https://www.pfiprecision.com/precision-news/topic/inconel) - [inconel 625 (1)](https://www.pfiprecision.com/precision-news/topic/inconel-625) - [work hardening (1)](https://www.pfiprecision.com/precision-news/topic/work-hardening) [see all](https://www.pfiprecision.com/precision-news/page/2#) ![PFI Precision Machining Parts Row](https://www.pfiprecision.com/hs-fs/hubfs/PFI-Precision-Jul2016-Theme/Images/product-range.jpg?width=731&name=product-range.jpg "PFI Precision Machining Parts Row") **PFI Precision Machining** 2011 N. Dayton-Lakeview Road New Carlisle, Ohio 45344 **RFQ Hotline:** 937.845.3081 **Phone:** 800.248.4734 **Fax:** 937.845.0475 [sales@pfiprecision.com](mailto:sales@pfiprecision.com) [![Subscribe To Our Newsletter](https://no-cache.hubspot.com/cta/default/2436068/0b6a146a-3c40-4f7d-be9a-6f62cd93af1d.png)](https://cta-redirect.hubspot.com/cta/redirect/2436068/0b6a146a-3c40-4f7d-be9a-6f62cd93af1d)   **Since 1966, Passionate Employees and Continuous Improvement have resulted in a three-way win for our customers:** **•   2.3 Part Per Million Quality •   Consistent, On-Time Delivery •   Lean Cost Structure**     ![](https://www.pfiprecision.com/hs-fs/hubfs/image.png?width=309&name=image.png) ![DRMA logo](https://www.pfiprecision.com/hs-fs/hubfs/PFI%20Blog%20Pictures/DRMAlogo.png?width=150&name=DRMAlogo.png "DRMA logo")    ![PMPA logo](https://www.pfiprecision.com/hs-fs/hubfs/member-logo-cmyk-jpg-image.jpg?width=220&name=member-logo-cmyk-jpg-image.jpg "PMPA logo") [![](https://www.pfiprecision.com/hubfs/blob-5.png)](https://uscontractorregistration.com)     Copyright © 2017 PFI Precision Machining,  All Rights Reserved. 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