Titleist, Foot Joy Worldwide Headquarters (Fairhaven, Massachusetts)

www.acushnetcompany.com/FHQ.htm

www.precixinc.com/historya.html

Philip E. "Skipper" Young, an innovative engineering graduate from the Massachusetts Institute of Technology, founds Acushnet Process Company along with two college friends.
1914

1914 - Skipper Young develops process to reuse unvulcanized rubber waste and scraps. Soon all rubber companies in Akron, Ohio are sending their rubber scraps to Acushnet and buying the processed materials back.

W.W.I Armistice
Precix Inc.: Providers of high quality orings, o rings, synchronous seal process seal rings, and custom elastomer solutions W.W.I Armistice - Acushnet Process becomes largest source of reclaimed uncured rubber in the business.

1921 - Rubber prices drop from $3.05 per pound to $.03 per pound due to farming of rubber trees and improved technologies. Precix Inc.: Providers of high quality orings, o rings, synchronous seal process seal rings, and custom elastomer solutions

1922-25 - Skipper and engineering staff develop new ways to use molded rubber: Toys, teddy bears, boats, hot water bottles, enema bags, bathing shoes and caps.

1929
Precix Inc.: Providers of high quality orings, o rings, synchronous seal process seal rings, and custom elastomer solutions 1929 - After a really bad day of golf, Skipper Young x-rays golf balls to see if core is really centered. X-rays show most ball cores way off center. Skipper decides he can make a better golf ball.

1930 - Skipper invents patented cross-winding machine which uniformly winds rubber string around a core. Titleist golf ball is born.

1935 - Skipper is determined to improve gas masks used by troops in Europe. In 30 days, he designs and produces a mold and wins government contract. Meanwhile, Skipper's two-headed golf ball driving machine is wowing golf crowd by demonstrating the benefits of the dead centered Titleist golf balls.
1938
1938 - Acushnet Process becomes sole source for U.S. and Allied Forces for molded gas masks.

Pratt and Whitney, among others, turn to Acushnet Process for o-rings.
Acushnet Process and Harvard Medical School develops oxygen control system and masks for pilots. Acushnet Process's A-10 oxygen mask only one used by Allies.

Golf ball business shuts down...replaced by torpedo gaskets, o-rings, oxygen mask components.

Acushnet Process Company awarded unprecedented 5 Army/Navy E Awards. Precix Inc.: Providers of high quality orings, o rings, synchronous seal process seal rings, and custom elastomer solutions

1945 - Peace...and panic. Acushnet goes back to bathing caps, shoes, toys, hot water bottles, etc. Soon rubber sources are released and golf balls are back in production.

1964-1994
1964 - Acushnet Process Company becomes Acushnet Company, Inc.

1976 - Acushnet Company, Inc. bought by American Brands.

1994 - Management team purchases Acushnet Rubber Division from American Brands. Acushnet Rubber is born.
Precix Inc.: Providers of high quality orings, o rings, synchronous seal process seal rings, and custom elastomer solutions
1995-1997

1995 - Acushnet Rubber certified ISO9001.

1996 - Acushnet Rubber certified QS9000 and ISO14001.

1997 - Hillside Capital Incorporated invests in Acushnet Rubber Company, Inc.
Precix Inc.: Providers of high quality orings, o rings, synchronous seal process seal rings, and custom elastomer solutions Precix Inc.: Providers of high quality orings, o rings, synchronous seal process seal rings, and custom elastomer solutions

1997 -- Acusnet Rubber becomes first manufacturer in the world to earn QS9000, ISO9001 and ISO14001.
1997-1999

1997 - New products are introduced, expanding Acushnet Rubber into the recreational industries.

1997 - Acushnet goes from 700 employees to over 1,000 employees.

1999 - Acushnet Rubber aims to win Massachusetts Quality Award. Focused on expanding into the European Common Market.
2000-2003
Precix Inc.: Providers of high quality orings, o rings, synchronous seal process seal rings, and custom elastomer solutions

2000 - ARC names Mike Walther as new President and CEO to replace retired James G. DeMello. Appointed by ARC majority owner, Hillside Capital Incorporated, Mr. Walther brings extensive management and lean manufacturing expertise to ARC. The company also benefits from his experience in aerospace and numerous other manufacturing industries. Mr. Walther's experience includes design engineering, industrial engineering, purchasing, and production/inventory control.

2000 - Acushnet Rubber re-defines company mission with trademarked company tag line, "Connected to your needs. Committed to your success.TM"

2000 - Kaizen events and other lean manufacturing initiatives are introduced throughout the company, positively affecting all aspects of customer service and manufacturing. Six Sigma Quality and 5S standards are adopted.

2000 - Acushnet Rubber is nationally recognized for superior environmental performance and named one of the first charter members of the U.S. Environmental Protection Agency's new National Environmental Achievement Track program. The National Environmental Achievement Track program recognizes and rewards facilities that have demonstrated a commitment to superior environmental performance.

2001 - ARC continues developing select global marketing partners.

* BWD Automotive, lead by Mr. Wolfgang H. Kratz, General Manager, is chosen as ARC's Sales/Technical representative for continental Europe.
* RIOTEC of Brazil is named distributor of ARC o-rings and elastomeric components in Brazil. RIOTEC will also call on OEM accounts.

2001 - ARC is AS9100 Aerospace Basic Quality System Standard compliant.

2001 - ARC embarks on innovative business strategy to transform the company into a focused o-ring, seal ring and specialty fuel seal manufacturer servicing primarily the automotive/transportation, aerospace and chemical processing industries.
Precix Inc.: Providers of high quality orings, o rings, synchronous seal process seal rings, and custom elastomer solutions

2002 - Acushnet Rubber Company, Inc. announces that as of June 1st, 2002, it will begin to operate under the name Precix® inc.Precix Inc.: Providers of high quality orings, o rings, synchronous seal process seal rings, and custom elastomer solutions (pronounced "precise") as part of its continuing strategy of focusing on its core business of high performance o-rings, seal rings and custom Precix Inc.: Providers of high quality orings, o rings, synchronous seal process seal rings, and custom elastomer solutionselastomer solutions for the automotive, aerospace and chemical processing industries. There is no change in the company's ownership or legal structure and it remains part of Brookside International.

2003 - Precix upgrades ISO certification to ISO9001:2000. Upgrade to TS certification is planned for 2004.

2003 - Company growth is fueled by 30% sales growth in Europe and by the addition of several key automotive and aerospace compounds, such as a conductive FKM (F87); VW and BMW specification compounds; and Rolls Royce specification (AS43013) FKM as well as M83485/1 (MIL GLT).