PGM Corporation Awarded Lucrative Military Contract to manufacture Steel Bipods
Rochester NY– PGM Corporation, a Rochester-based precision machining and manufacturing company, was awarded a military contract from its tier 1 customer for the manufacture of a steel bi-pod. The contract was worth 1.5 million dollars per year for 5 year contract. With the contract now in place, PGM will start delivering product to September of 2008.
To successful meet the requirements; PGM has added significant capital such as horizontal machining centers and a robotic welder. The additional equipment will allow PGM to immediately create new jobs for skilled machinists. PGM expects this program to run for min 5 years but most likely 7 to 10 years.
PGM was able to win this contract by supply and breakthrough process that lead to a cost reduction from the current standards.
PGM has been in business since 1967 and currently employees 120 people in Rochester, NY and 58 people in Manchester, NH (PGMNE).
The company is extremely focused on serving its employees, customers and communities. Customers include major OEM’s in the following industries: military, medical, aircraft, automotive and business systems.
PGM mission is “to solve our customer’s greatest manufacturing challenges”.