Buffalo, October 19, 2025
Precision Machining Inc., a key player in Buffalo’s tool and die industry, has closed its doors after 25 years due to rising costs and supply chain challenges. This closure affects 120 employees who are now facing job loss. City officials are implementing initiatives such as a building auction to attract new tenants and revitalize the industrial district, while also facilitating job fairs and retraining programs for displaced workers. The closure highlights significant challenges within Buffalo’s manufacturing sector.
Precision Machining Inc. Closes After 25 Years, Leaving 120 Workers Jobless in Buffalo
Buffalo – A prominent tool and die company in Buffalo, Precision Machining Inc., has shut down its operations after 25 years, citing rising costs and supply chain issues as the primary reasons. The closure, announced today, affects 120 workers at the company’s facility on the city’s east side, many of whom are now turning to local job fairs for new employment opportunities.
The decision marks a significant blow to the local manufacturing sector, which has faced ongoing economic pressures in recent years. The facility, a key player in producing precision parts for industries like automotive and aerospace, will cease all operations immediately. Workers received notification of the closure earlier this week, prompting an urgent response from the community and local authorities to support those impacted.
In the wake of the shutdown, city officials are taking proactive steps to mitigate the economic fallout. They have initiated plans for a building auction, designed to attract new manufacturing tenants and breathe new life into the industrial district. This effort aims to preserve jobs in the area and maintain Buffalo’s position as a hub for industrial activity. Local workforce development programs are also ramping up, offering resume workshops and training sessions tailored to the skills of the displaced employees.
Impact on Employees and Local Economy
The closure leaves a void in the east side community, where Precision Machining Inc. had been a stable employer for decades. Many of the 120 workers have spent years honing specialized skills in machining and fabrication, skills that are in demand across various sectors. Job fairs organized by local economic development groups are already underway, connecting former employees with potential employers in related fields such as metalworking and engineering.
Economically, the shutdown exacerbates challenges in Buffalo’s manufacturing landscape. Small to mid-sized firms like this one contribute significantly to the city’s tax base and supply chain. The loss of these operations could ripple through local suppliers and service providers, prompting concerns about broader job stability in the region. However, officials remain optimistic that the auction process will yield quick results, potentially filling the space with innovative businesses that align with modern manufacturing trends.
Reasons Behind the Closure
Rising costs have been a persistent issue for companies in the tool and die industry. Over the past five years, expenses related to raw materials, energy, and labor have surged, squeezing profit margins for firms operating on thin budgets. Precision Machining Inc. faced additional hurdles from supply chain issues, including delays in sourcing critical components and increased transportation costs following global disruptions.
These factors are not unique to this company. Many manufacturers in the Northeast have reported similar strains, leading to consolidations or relocations. For Precision Machining Inc., the combination proved unsustainable after 25 years of service, during which it built a reputation for high-quality precision work serving major clients nationwide.
City’s Revitalization Efforts
To address the immediate needs of the affected workers, Buffalo’s workforce agencies are providing comprehensive support. This includes access to unemployment benefits, career counseling, and partnerships with nearby technical colleges for retraining programs. The goal is to transition these skilled workers into new roles without long-term unemployment gaps.
The building auction represents a strategic move by city officials to revitalize the industrial district. The facility, spanning several acres with modern equipment still in place, is seen as an attractive asset for incoming tenants. Potential buyers could include startups in advanced manufacturing or established firms looking to expand in the Buffalo area. Past auctions in similar districts have successfully drawn interest from diverse industries, helping to sustain employment levels.
Buffalo’s east side has a rich history of industrial resilience, having weathered previous economic shifts through adaptive strategies. Community leaders are emphasizing collaboration between public and private sectors to ensure the district’s continued growth. As the auction process unfolds, updates on bidder interest and timeline will be shared to keep stakeholders informed.
This closure underscores the vulnerabilities in traditional manufacturing but also highlights opportunities for reinvention. With targeted interventions, Buffalo aims to turn this challenge into a catalyst for economic renewal, supporting its workforce and fostering new business development in the years ahead.
FAQ
What is the main reason for Precision Machining Inc.’s closure?
Precision Machining Inc. announced its closure after 25 years, citing rising costs and supply chain issues.
How many workers are affected by the closure?
The closure affects 120 workers at the company’s facility on the city’s east side, many of whom are now seeking new opportunities through local job fairs.
What actions are city officials taking in response?
City officials are facilitating a building auction to attract new manufacturing tenants, aiming to revitalize the industrial district.
Where is the Precision Machining Inc. facility located?
The facility is located on the east side of Buffalo.
How long has Precision Machining Inc. been in operation?
Precision Machining Inc. has operated for 25 years before announcing its closure.
Key Features Chart
The following table outlines the key aspects of the Precision Machining Inc. closure and response efforts.
| Feature | Details |
|---|---|
| Company Name | Precision Machining Inc. |
| Years of Operation | 25 years |
| Reason for Closure | Rising costs and supply chain issues |
| Number of Affected Workers | 120 workers |
| Facility Location | East side of Buffalo |
| City Response | Building auction to attract new manufacturing tenants, revitalize industrial district |
| Worker Support | Local job fairs and opportunities |
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