The Rapid Development of Precision Parts Processing Industry

Precision machining is known as the engine of revival, development, and innovation, and the precision machining industry is continuously growing. Although most of its prototypes, parts, and products are shrinking, it exists in the background but is almost the pioneer of every new invention.

When most people think of industries that drive economic development and improve quality of life, they often think of the technology and medical device industries. Although these are important aspects, without precision parts processing, they would not exist or thrive.

Here are some quick facts about precision machining that many people are unaware of:

1. Nearly 10000 precision machining manufacturers provide precision parts processing services.

2. Precision machining companies are located in small towns, large cities, and communities across the country.

3. These companies employ hundreds of thousands of people, including tool and mold manufacturers, inspectors, production technicians, and so on.

4. According to the government, workers who have received training in the high-tech field of precision machining are currently the "top five" employees in need.

5. From agriculture to technology, from medical technology to aerospace and transportation, every industry requires precision parts processing.

6. Nearly 10 years ago, the precision machining industry contributed nearly 10 billion US dollars to China's economy, and only then did it continue to grow.

7. Precision machining is actually a branch of the entire manufacturing industry.

8. For every $1 invested in manufacturing, the economy increases by $1.32. This is the highest multiplier effect among all industries in the world.

9. Equally impressive is the extensive knowledge of workers in the precision parts processing industry. They know how to help the company maximize the power and efficiency of NC processing, how to make the best use of traditional and foreign plastics, and why Alkaline battery rebound.

To learn more about our precision parts processing services or to use them for new projects, please immediately contact experts in product development solutions.