During the late 1930's, our founder, Mr. George C. Tinsley, worked in the Chicago area as a sales representative for a major steel mill. During this time period, Mr. Tinsley became aware of the need for a metal service center that would be able to supply customers who were unable to buy metal in mill quantities.
In 1978, Precision Brand Products was incorporated as a separate entity owned by Precision Steel. This change was made in order to increase Precision Brand's autonomy so it could respond faster to the changing needs of the industrial distribution market.
During 1979, Precision Steel and subsidiaries were sold to Wesco Financial Corporation that is located in Pasadena, California.
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