Mohr Completes Precise Power Liquidation
December 18, 2002
Mohr Corp., under contract with Precise Power Corp., has completed the liquidation of all machinery and equipment related to Precise Power's manufacture of permanent magnets. Through mid-2002, Precise Power, a manufacturer of power generation equipment, had produced its permanent magnets at a facility in Palmetto, Fla. The company will now purchase its magnets on the open market.