Olympic Precision Machining

In 1958 Chemtex was founded as a procurement and construction company specializing in project development for the petrochemical, polymers, fibers, energy, biofuels, and environmental industries. In 1974 Chemtex established Olympic Fibers S.A. in Heredia, Costa Rica, a company dedicated to the production of polyester yarn among other specialty fibers. Chemtex acquired William Smith Enterprises in 1981 as manufacturing subsidiary to support its engineering operations. Located in Coopers Mills, Maine, William Smith Enterprises specializes in the production of precision components through CNC machining and a variety of manufacturing processes.In 1999, Mitsubishi Group acquired Chemtex while William Smith Enterprises and Olympic Fibers S.A. remained privately owned. Since then, William Smith Enterprises continued to grow by expanding its manufacturing services and becoming a major supplier of precision components for hydraulic and fuel systems for the aerospace industry.Due to its conti... [Details]