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Endless Possibilities


IPM got its start being the exclusive Stellram agent for the American market. Our initial business success was in the Aluminum wheel market. We have extensive experience in Lughole Drills, Valve Stem Drills, Back spot face tools and combination turning tools. Today we create our custom tools with whatever brand of insert the customer desires.


Boring Solutions

Machining time is very valuable, so it make sense to utilize your machine tool time wisely. Combining multiple operations just makes sense! IPM has years of hole making experience, whether you are combination drilling, roughing multiple bores, tight tolerance finishing we have the solution for you. Just give us a dimensional print and specify who’s brand of insert you would like to use, and let us do the rest.


Sample Tools

  • Porcupine Shell Mill

    Shell Mill
  • Combination Drill

    Straight Shank
  • T Slot Cutter

    Weldon Shank
  • Boring Tool

    HSK 63A Shank
  • Porcupine Milling Cutter

    Straight Shank
  • Back Spot Facing Tool

    Straight Shank
  • Turning Cartridge

    Custom Round
  • Drill - Hollow Mill

    ABS 50 Shank
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Tool Balance RFID

RFID Chip Ready

Our state of the art balancing machine

Allows us to install RFID chips without compromising the performance of the tool.

See Solution

Contact Form

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About us

IPM Precision has over 40 years of experience providing customized machining solutions to its customers. We operate in a 17,000 sf manufacturing facility just outside of Chicago IL. We look forward to your enquiry and to working with you!


22179 N. Pepper Road
Lake Barrington, IL 60010-2357

+1 (847) 304-7900
Mo-Fr: 8:00am  - 4:30pm