5.18
+5.71%
Close of 9 Nov 2026, in USD
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About TechPrecision
From its filings with the US Securities and Exchange Commission
TechPrecision is based in Westminster, Massachusetts and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker TPCS. The SEC classifies its business as fabricated structural metal products. In the fiscal year to 31 March 2026, it reported revenue of $31.6m and a net loss of $1.7m. At that date it held total assets of $32.3m and shareholders' equity of $7.7m.
We are a manufacturer of precision, large-scale fabricated and machined metal structural components and systems. We offer a full range of services required to transform raw materials into precision finished products. We sell these finished products to customers in two main industry groups: defense and precision industrial. Our mission is to be a leading end-to-end service provider to our customers by furnishing custom, fully integrated solutions for complete products that require custom fabrication, precision machining, assembly, integration, inspection, non-destructive evaluation, and testing.
We work with our customers to manufacture products in accordance with the customers’ drawings and specifications. Our work complies with specific national and international codes and standards applicable to our industry. We believe that we have earned our reputation through outstanding technical expertise, attention to detail, and a total commitment to quality and excellence in customer service.
We are a Delaware corporation organized in 2005 under the name Lounsberry Holdings II, Inc. On February 24, 2006, we acquired all of the issued and outstanding capital stock of our wholly owned subsidiary Ranor, Inc., or “Ranor.” On March 6, 2006, following the acquisition of Ranor, we changed our corporate name to TechPrecision Corporation. Ranor, together with its predecessors, has been in continuous operation since 1956. From February 24, 2006, until our acquisition of Stadco in August 2021, our primary business has been the business of Ranor.
Quoted from its 10-K, filed 25 Jun 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 1 Nov 2007
- Employees
- 155
- Website
- techprecision.com ↗
- Head office
- 1 BELLA DRIVE, WESTMINSTER, MA, 01473
- Incorporated in
- DE
- Classification
- Fabricated Structural Metal Products
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Gen. Victor RenuartChairman of the Board, since 2024$14,917
- Mr. Alexander ShenChief Executive Officer, Director, since 2014$337,767
- Mr. Robert StrausVice Chairman of the Board, since 2024$6,000
- Mr. Phillip PodgorskiChief Financial Officer
- Mr. Andrew LevyIndependent Director$24,000
- Mr. Walter SchenkerIndependent Director$26,500
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Headquartered in Westminster, Massachusetts with 155 employees.
- Offers full range of metal fabrication and precision machining services.
- Provides services to defense and precision industrial sectors.
Weaknesses
- Limited to two main industry groups for customer base.
- Relies on specific manufacturing capabilities like CNC machining.
- No mention of digital or online services for financial data.
Opportunities
- Expansion into additional markets such as aerospace and medical.
- Growth potential in defense and precision industrial sectors.
- Potential to enhance digital offerings for financial data access.
Threats
- Dependence on specific industry groups may limit market resilience.
- Competition in precision manufacturing sector could increase.
- Lack of online financial data services may hinder market reach.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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