Palmetto Precision Machining “PPM” was created in 2003, from an existing business known as Palmetto Machine Parts, which was a subsidiary of Palmetto Loom Reed. Palmetto Machine Parts was established in 1988, and placed emphasis on supplying spare parts to the textile industry. 

In 2003, Palmetto Precision Machining started transitioning from servicing the textile industry to a company that would re-direct its efforts towards supplying quality products to a growing automotive manufacturing presence in the area. Palmetto is currently a tier two automotive supplier providing over 50 parts for six different cars. In addition to automotive production, PPM operates as a job shop to several industries in South Carolina and Georgia.