Founded in 1901, Lucas Precision specializes in rebuilding, remanufacturing and retrofitting horizontal-boring mills for the machine-tool industry. Based in Cleveland, Ohio, the company manufactures belts, hoses, spindle taper sockets and replacement parts. It also provides computer numerically controlled (CNC) retrofitting, in-place spindle taper grinding, sleeve restoration, on-site installation, mechanical hook-ups and troubleshooting services. The company also maintains a vast inventory of replacement parts, ranging from bearings to wipers. Lucas Precision, a division of Lucas Precision Machine Tool Group, caters to the original equipment manufacturers (OEM).