Precision Parts was established in 1976 by Ken and Val Reynolds. In 1983 the company was incorporated and has grown to become the dominant supplier of automotive harmonic balancers and engine pulleys to the Australian aftermarket with a market share of 85%.

Precision Parts manufacture one of the world’s largest ranges of automotive harmonic balancers.

Precision’s new product programs are purchased by almost all automotive wholesalers in Australia. The unique combination of unbeatable range, competitive prices against imports, stock service and consistent quality has underpinned this product support.

Precision has developed the NULINE branded new product range to give the company a product range practical for both local and export sale.

The bulk of Precision Parts product range is targeted at the standard replacement market but there is also a much smaller but highly profitable market for high performance balancers both in Australia and overseas. To cater to this market, Precision launched the POWERBOND performance balancer range utilising advanced bonded dampening technology with instant market success both here and in the USA. POWERBOND is now the fastest growing balancer brand in the US performance market.

To diversify from the “single product” nature of Precision Parts business while still utilising existing production capabilities, the company introduced a range of heavy-duty engine idler pulleys to replace fragile plastic OEM (original equipment) units.