Nancy Peterson Hearn Wins PMPA's Gold Micrometer Award

This achievement has been won by very few women and is a testament to Nancy’s leadership.

Nancy Peterson Hearn, chairman of the board of Peterson Tool Company, has been awarded the prominent Gold Micrometer Award by the Precision Machined Products Association (PMPA) for making significant contributions to the industry during her 40 years of service. 

This achievement has been won by very few women and is a testament to Nancy’s leadership. Ms. Hearn began her career in the precision machine parts industry in 1972 when she coordinated the back end of her husband’s business, Peterson Tool Company, while raising six children. Her husband, John L. Peterson, Sr., passed away suddenly in 1979, and without hesitation, she stepped in to run the company as president and CEO. During this era, it was unusual for women to lead corporations and even more rare for women to head companies in the machinery industry. Therefore, Hearn decided to not inform the customers of her husband’s death until she could prove she could run the company in his absence. After 8 months, she called on each customer personally to inform them of his death. She won the respect of every customer as a result.