TechPrecision Corporation.
TPCS.US | Manufacture of other fabricated metal products n.e.c.
TechPrecision Corporation is a precision manufacturer of fabricated metal components and systems. The company serves various industries, including defense, aerospace, energy, and medical. They specialize in large-scale, complex projects requiring high precision and tight tolerances. Their capabiliti...Show More
Better Health for All
0
TechPrecision Corporation manufactures components for various industries, including medical imaging equipment, which suggests a positive health impact.
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However, the company also serves defense, aerospace, and nuclear power generation, which are not directly health-related.
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Without specific quantification of the revenue or product portfolio share for medical applications, the overall net health effect of the firm's principal goods or services is considered neutral. There is no evidence provided that indicates any of the company's products or activities have well-established negative health outcomes, leading to a zero score for harmful revenue share.
3
Fair Money & Economic Opportunity
0
No evidence available to assess TechPrecision Corporation on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No evidence available to assess TechPrecision Corporation on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
0
No evidence available to assess TechPrecision Corporation on Fair Trade & Ethical Sourcing.
Honest & Fair Business
-50
The company has established procedures for complaints regarding accounting, internal controls, or auditing matters, encouraging confidential and anonymous submissions, but there is no evidence of independent investigation processes.
1
An anti-corruption policy is outlined, including adherence to the FCPA, but information on training frequency or effectiveness metrics is not provided.
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Ranor, a subsidiary, holds several certificates of authorization from the American Society of Mechanical Engineers and the National Board of Boiler and Pressure Vessel Inspectors, which indicates some level of third-party verification for specific operations, but the extent of independent verification for ethical claims across the entire company is not specified.
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Kind to Animals
0
No evidence available to assess TechPrecision Corporation on Kind to Animals.
No War, No Weapons
0
No specific, concrete data points were found in the provided articles to assess TechPrecision Corporation against the 'No War, No Weapons' ethical value. All articles were either placeholders or explicitly stated that no data was available for the requested metrics.
1
Planet-Friendly Business
-40
TechPrecision Corporation, along with an affiliate, was alleged by the U.S. Environmental Protection Agency (EPA) to have violated the Clean Water Act and the Emergency Planning and Community Right-to-Know Act.
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The EPA sought up to $320,000 in penalties for these alleged violations, which included improper management of polluted stormwater runoff over a five-year period and 5 violations of the Right-to-Know Act in a two-year period.
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In a separate instance, the company, with an affiliate, violated the Clean Water Act by discharging stormwater without a permit and failed to file Toxic Release Inventory (TRI) reporting forms for 2003 and 2004, resulting in a penalty payment of $90,635 and an additional $15,000 for a supplemental environmental project.
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Respect for Cultures & Communities
0
No evidence available to assess TechPrecision Corporation on Respect for Cultures & Communities.
Safe & Smart Tech
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No specific, concrete data points were found in the provided articles to assess TechPrecision Corporation against any of the 'Safe & Smart Tech' KPIs. While one article noted the existence of an 'Item 1C Cybersecurity' section in a 10-K report, this is not a specific data point regarding cybersecurity performance, investment, or practices.
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Similarly, the mention of a subsidiary, Stadco, being AS 9100 certified is a quality management standard, not a privacy or security certification, and does not apply to the entire company.
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Zero Waste & Sustainable Products
-70
The company, along with an affiliated entity, faced multiple serious environmental violations from the U.S. Environmental Protection Agency (EPA).
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These included improper stormwater management and discharging polluted stormwater containing metallic contaminants (chromium, nickel, and manganese) without a permit over a five-year period.
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The company also failed to implement best management practices, did not conduct required monitoring, and failed to submit required toxic release inventory forms for these materials over a two-year period.
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The EPA sought up to $320,000 in penalties, with a federal penalty of $100,000 imposed, which included a $90,635 payment and $15,000 for a supplemental environmental project.
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The stormwater runoff contained metals exceeding EPA industrial benchmarks.
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