Print
More News

Growing Leland Manufacturer Wins State Award

By Jenny Callison, posted Apr 25, 2023
Precision Swiss Products employee Brandon Villarreal operates high-precision machinery in PSP's Leland facility last November. (Photo by Johanna F. Still)
A high-tech manufacturer that relocated to Leland from California’s Silicon Valley last year has grabbed the attention of a statewide manufacturing organization.

Precision Swiss Products won the Developing Markets award from the N.C. Manufacturing Extension Partnership (NCMEP) at the organization’s 2023 North Carolina Manufacturing Conference Sunday. It was one of five leadership awards presented to manufacturers around the state.

“The NCMEP award program recognizes manufacturers’ commitment to the North Carolina manufacturing sector, proven by outstanding performance in manufacturing excellence, sustainable manufacturing, innovation, workforce development and economic development/developing markets,” a news release from NCMEP stated.

Precision Swiss Products (PSP) creates high-precision, complex parts from metal and plastic materials. Those parts, which can have tolerances smaller than a strand of hair, are used by the medical device, aerospace and semiconductor industries, according to the release.

Despite COVID’s impact on the aerospace industry in 2021, PSP grew by 38% that year and began searching for a state in which to expand, ultimately choosing to locate its 50,000-square-foot facility in the first speculative building in Leland’s new International Logistics Park.  

The new facility has enabled PSP to meet $18 million of additional customer sales demand, company officials said in the release. Although in 2022 the company’s focus was on its cross-country move, it increased sales by 9%. The company has already added 40 new high-skilled jobs. If it generates a total of 125 within five years, PSP will qualify for two incentives: $1.8 million from the state and $270,000 from Brunswick County. Company projections are for another $45 million in sales in the next several years.

“PSP looks forward to and is committed to continuing to work with the great state of North Carolina, Brunswick and Columbus counties and their respective community colleges to develop a sustainable pipeline of talent to fill the growing highly skilled workforce in our community,” chief financial officer and general manager Stephen Dillon said in the release.

“PSP and local officials are engaging students as early as junior high school to start to educate and encourage them to look at these lucrative highly skilled jobs as great career choices," he continued. "We are currently working closely with Brunswick Community College to develop a comprehensive apprenticeship program. We are proud to be a partner in helping to further develop the economic future of our community.”

Precision Swiss Products is at 3811 International Blvd. NE, Unit 300 in Leland. For information, click here.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Untitleddesign12 101424113223

Designing Company Culture on Purpose

John Monahan - Vistage
Img 5694

North Brunswick Is Growing. The Chamber Is Growing With It

Thom Kelly - North Brunswick Chamber of Commerce
David glew 207202 21

Back to Business: Cameron School of Business Begins a Bold New Year

David Glew - UNCW Cameron School of Business

Trending News

'Best Places To Work' In Wilmington Recognized

Staff Reports - Oct 13, 2026

Business Journal Announces WilmingtonBiz 100

Staff Reports - Oct 13, 2026

Bitty & Beau’s Expands Mobile Coffee Franchise Network

Cierra Noffke - Oct 12, 2026

Fox Named Partner, Summerlin Vp At Sun Coast Partners Commercial

Staff Reports - Oct 13, 2026

Landscape Equipment Business Buys Property In Winnabow, Opens New Location

Cece Nunn - Oct 12, 2026

In The Current Issue

In Burgaw, Counting On Downtown Momentum

While downtown also benefits from general fund expenditures, the municipal service district (MSD) “is a way of having some additional money...


Hemp Industry Caught In Legal Weeds

Uncertainty hangs over the hemp industry, including businesses in Wilmington that depend on the sale of hemp-based THC products....


Restaurants Keep Cooking In Tough Times

Mitchell is facing many of the same struggles as other restaurants. Despite the challenges, Mitchell said she won’t compromise on food quali...

Book On Business

The 2026 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season