Established Industry Presence Miniature Precision Components has a long-standing presence in the automotive manufacturing sector since 1972, with a strong track record of growth and global expansion through its integration into the Novares Group, positioning it as a reliable supplier for complex automotive plastic components.

Focus on Innovation Novares’ emphasis on advanced plastic injection, bio-sourced materials, and electronic-based solutions indicates a commitment to cutting-edge automotive technology, presenting opportunities to collaborate on future vehicle electrification and sustainability projects.

Global Footprint With over 12,000 employees, operations in 22 countries, and multiple technical and customer service centers, Novares offers extensive cross-border manufacturing and engineering capabilities that can serve multinational clients seeking innovative, integrated supply chain solutions.

Sustainability Initiatives Recent partnerships with bio-plastic developers and the focus on natural fiber composites highlight a strategic pivot towards eco-friendly materials, creating potential sales avenues in the growing green automotive market.

Financial Growth Potential Generating between $100 million to $250 million in revenue and backed by a global organization, there are significant opportunities for expansion into new markets, advanced plastic components, and sustainable product lines tailored to OEMs and Tier-1 suppliers.