Precision United States

Precision is an independent firm which, in effect, acts as the exclusive export sales department for noncompeting manufacturers. Their loyalty is to their manufacturers and they are working hard to develop a successful export business. It functions in foreign markets as a sales representative or exclusive wholesaler for a manufacturer in foreign markets. Precision has a formal agreement with manufacturers (whom it often calls the "principal" or the "factory") to "manage" their exports. Generally, Precision receives exclusive rights to sell in all foreign markets.