Elgin, IL – 9/22/2025 – Precision Technologies Inc., doing business as Precision PCB, a One-Stop PCB Fabrication and Assembly services company with 27 years of experience providing Quality, Reliability and Excellence in customer service, has acquired the assets of Microplace, Inc. This strategic acquisition enhances Precision PCB's capabilities in assembly, strengthens its technical expertise, and expands the value delivered to customers.

No financial or other terms were disclosed.

Microplace is an Elgin, IL-based EMS established in 1996 and supplies prototype and turnkey assembly to a variety of end-markets. The experienced Microplace team will remain in place, ensuring continuity of service, technical excellence, and a seamless transition for existing customers.

”Microplace has built a strong reputation for quality and expertise in the Electronics Manufacturing industry,” said Amin Jay Rupani, president, Precision PCB. “We are excited to welcome their talented team into Precision PCB and look forward to building upon their foundation as we continue to grow and innovate together.”