Paramount Die Company is one of the largest wire die manufacturers and is the leading wire die producer servicing the wire industry. Long known as an industry innovator, Paramount Die has introduced several products which have become the standard for the wire industry. Paramount Die's ParaLoc pressure system has contributed greatly to increasing drawing speeds and improving productivity in the wire industry and is the most widely utilized pressure die system in the world. Paramount Die's exchangeable carbide drawing inserts have made mass production of wire dies possible and have led to both increasing wire die consistency and decreasing overall die cost. Today more than 70% of ferrous wire companies either utilize drawing inserts exclusively or utilize them in part of their production. Paramount Die Company continues to reinvent its wire die manufacturing processes and has introduced automation and "lights out" capability to nearly every production process.