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Valley products: Precision Dynamics Corp. has been loyal to the valley and its workforce, but founder Walter Mosher and his manufacturing firm face difficult decisions due to California's business climate as the company celebrates its 50th anniversary.

Article Excerpt
San Fernando-based automatic identification wristband manufacturer Precision Dynamics Corp. has come a long way in its" 50 years in business. The company has managed to go from a part-time sideline of company founder, Walter Mosher, m a $60 million a year firm. Along the way, it has repeatedly made significant technological breakthroughs, managing to make its own technology obsolete several times over, as it commandeered a large share of the wristband identification market in the healthcare. prison and crowd control industries.

Throughout its history, the company and its" founder have both made a name for themselves throughout the Valley. With approximately 600 total employees, the majority working in San Fernando, Precision Dynamics is the fifth largest manufacturer in the area (the third largest privately-held manufacturer) and a driver of economic growth.

The success of the company can be largely attributed to the genial Mosher who ,founded the company when he was a 22-year old student at the University, of California, Los Angeles. Throughout his time as one of the Valley's major manufacturing entrepreneurs, Mosher has made a major mark on the Valley serving as an influential member of many local civic organizations and working extensively with the various job training programs in the area. And at an...

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