A Fort Walton Beach company specializing in calibration and testing services for aerospace, defense, and manufacturing industries is set to expand its operations and create new jobs after receiving a $509,000 grant from the University of West Florida (UWF).
- Precision Measurement Inc. (PMI), an ISO/IEC 17025 Accredited Company and Service-Disabled Veteran Owned Small Business, provides high-precision laboratory and on-site calibration services across diverse industries. The company will use the reimbursement-based grant from UWF’s Industry Resilience and Diversification Fund to acquire new equipment and hire technicians for law enforcement calibration services.
The expansion comes after PMI learned that the Tallahassee-based provider of calibration services for local law enforcement agencies would discontinue operations. PMI has already obtained the necessary equipment and technical certifications to calibrate vehicle speedometers, radar, laser, and police band radios.
“We are extremely grateful for One Okaloosa EDC’s assistance and UWF’s consideration and award of this IRDF Grant,” said David Haines, PMI president. “It significantly enhances PMI’s ability to immediately pursue opportunities for growth, while at the same time, providing vital services for our communities in and around Okaloosa County.”
The expansion will create four new full-time positions with average annual salaries of $60,000. The company is exploring potential development sites in Okaloosa County to accommodate its growth.
“Public safety is a top priority in Okaloosa County and we support any effort to provide our law enforcement agencies with the necessary tools they need to serve our residents,” said Okaloosa County Board Chairman Paul Mixon. “I am thankful and proud that PMI and One Okaloosa EDC have partnered to take advantage of this opportunity to not only serve the public safety needs of our community, but to grow our local economy and support our veterans.”
PMI, established in 2005, has grown approximately 20% annually since its founding. The company is also planning to expand into FAA-required aircraft avionics certification and hospital medical equipment servicing.