Precision Colors was started by Robert Mann and a group of local investors to help support the need for a lower cost / economical provider of custom colored plastic compounds and services related to this industry, while offering superior levels of quality and service.

On August 11, 2015 Precision Colors was acquired by the Ellis company, http://elliscompany.com/ and associating partners. This acquisition has allowed Precision to advance with more projected capital investments and has given Precision Color Compounds the tools to grow at a much faster pace. The Ellis Company is a capital investment company that owns several companies including other plastic companies. The company did at this time change their name to Precision Color Compounds, LLC.

Management at Precision Color Compounds has combined experience in the plastics compounding business of over 100+ years with Bob himself bringing close to 25 years of experience with various plastic companies. The staff has prior extensive experience with various color compounding plastic-related companies, brings diversified expertise in all departments and specializes in color consulting.