Lexington Precision Snapshot
Lexington Precision makes a virtue out of manufacturing precision. The company makes and sells a slew of rubber and metal components for tight-tolerance manufacturing processes. It operates through two groups. The largest, Rubber produces molded rubber parts for automotive applications, including connector seals used in wiring systems, and insulators for ignition-wire sets and, less so, for medical devices, such as diaphragms, syringe tips, and check valves. A Metals arm machines aluminum, brass, and steel components used in car airbags, transmissions, and industrial equipment. Lexington Precision reorganized under Chapter 11 bankruptcy in 2008, emerging in 2010 via a takeover by an affiliate of Aurora Capital.