Precision Components - Lathe Tooling Precision Components is the leader in Long Reach and custom lathe tooling. You can call us for a quote, and we will give you the answer while you’re still on the phone. CAT-50 tooling , CAT-40 tooling, BT-30 tooling, BT-40 tooling, we do it all with Precision! At Precision Components, your satisfaction is our #1 priority.