Answer Precision Technologies Company Profile
Background
Established in 1996 and headquartered in Kitchener, Ontario, Answer Precision Technologies (APT) is a full-service manufacturing technology company specializing in precision-engineered gages, fixtures, molds, automation, and soft trim solutions. With over 27 years of experience, APT has built a robust reputation for delivering high-quality products and services across various industries, including automotive, aerospace, medical, and energy. The company's mission is to partner with customers to provide innovative, world-class technologies, tooling, and automation solutions. APT envisions itself as an industry leader in technological solutions, automation, and vision integration, striving to be the supplier of choice through constant growth, diversification, and the utilization of the latest technology.
Key Strategic Focus
APT's strategic focus centers on delivering custom solutions that enhance production efficiency, quality assurance, and ergonomic performance. The company's core objectives include:
- Custom Fixturing and Tooling: Designing and manufacturing precision gages and fixtures tailored to client specifications.
- Robotic Automation and Vision Systems: Implementing advanced automation solutions to streamline manufacturing processes.
- Soft Trim Wrapping Solutions: Providing innovative soft trim solutions to meet the evolving needs of various industries.
APT serves a diverse clientele, including OEMs, Tier 1 and Tier 2 suppliers, and manufacturers seeking turnkey automation and precision tooling solutions. The company's solutions optimize manufacturing, assembly, quality control, and automation processes, ensuring precision and efficiency in production.
Financials and Funding
APT is a privately held company with estimated annual revenues ranging between $25 million and $100 million. The company employs approximately 200 individuals across its facilities. As a private entity, specific details regarding funding history and investment rounds are not publicly disclosed.
Pipeline Development
APT's development pipeline focuses on expanding its technological capabilities and product offerings to meet the evolving demands of its clients. The company continually invests in research and development to enhance its automation solutions, precision tooling, and soft trim technologies. While specific product development timelines are proprietary, APT's commitment to innovation ensures the delivery of cutting-edge solutions aligned with industry advancements.
Technological Platform and Innovation
APT distinguishes itself through its proprietary technologies and innovative methodologies, including:
- Advanced Automation Solutions: Integration of robotic systems and vision technologies to enhance manufacturing efficiency and precision.
- Custom Engineering and Design: Utilization of state-of-the-art design software and engineering practices to develop tailored solutions for clients.
- Soft Trim Technologies: Development of advanced soft trim wrapping solutions that meet the aesthetic and functional requirements of various industries.
These innovations position APT as a leader in providing comprehensive manufacturing solutions that address complex industry challenges.
Leadership Team
APT's leadership team comprises experienced professionals dedicated to driving the company's strategic vision and operational excellence. Key executives include:
- David Henning: President and Member of the Board of Directors.
- Dan Andrews: General Manager / Sales.
- Alejandro Avila: Sales Representative.
These leaders bring a wealth of experience and expertise, contributing to APT's growth and success in the manufacturing technology sector.
Leadership Changes
As of the latest available information, there have been no recent significant changes or appointments within APT's leadership team. The current leadership continues to guide the company towards achieving its strategic objectives.
Competitor Profile
Market Insights and Dynamics
The manufacturing technology industry is characterized by rapid technological advancements and increasing demand for automation solutions. Key trends include the integration of Industry 4.0 technologies, emphasis on precision engineering, and the adoption of sustainable manufacturing practices. The market is competitive, with companies striving to offer innovative solutions that enhance production efficiency and product quality.
Competitor Analysis
APT operates in a competitive landscape alongside companies such as:
- Modern Engineering: Specializes in engineering solutions with approximately 42 employees and $7.4 million in revenue.
- Norquest Industries: Provides industrial solutions with a workforce of 288 and revenues of $20.8 million.
- ABS Machining: Offers machining services with 362 employees and $66.7 million in revenue.
- Grapco Tooling: Focuses on tooling solutions with 69 employees and $3.8 million in revenue.
- Harbour Technologies: Provides technological solutions with 76 employees and $5.2 million in revenue.
These competitors offer various manufacturing and engineering services, contributing to the dynamic and competitive nature of the industry.
Strategic Collaborations and Partnerships
APT actively engages in strategic collaborations to enhance its market position and innovation capacity. Notably, the company participated in the International Automotive Industry Supply Summit Mexico (IAISS) 2025, held on May 7-8, 2025. This event provided APT with opportunities to network with industry leaders, explore new market opportunities, and showcase its advanced manufacturing solutions.
Operational Insights
APT's strategic considerations include:
- Market Positioning: Emphasizing its role as a provider of custom, high-quality manufacturing solutions tailored to client needs.
- Competitive Advantages: Leveraging its extensive experience, proprietary technologies, and commitment to innovation to differentiate itself from competitors.
- Customer-Centric Approach: Focusing on building long-term partnerships with clients by delivering solutions that align with their unique goals and challenges.
These operational strategies enable APT to maintain a strong presence in the manufacturing technology industry.
Strategic Opportunities and Future Directions
APT's strategic roadmap includes:
- Technological Advancement: Continued investment in research and development to enhance automation and precision engineering capabilities.
- Market Expansion: Exploring new markets and industries to diversify its client base and revenue streams.
- Sustainability Initiatives: Implementing sustainable manufacturing practices to meet evolving industry standards and client expectations.
By capitalizing on these opportunities, APT aims to strengthen its position as a leader in the manufacturing technology sector.
Contact Information
- Website: answerprecision.com
- LinkedIn: Answer Precision Technologies
For further inquiries, please visit the company's official website or LinkedIn profile.
