Waterford Precision Cycles was a small bicycle manufacturer based in Waterford, Wisconsin. Waterford produced high-end, custom, hand-built, steel-frame bicycles, particularly road, criterium, stage, track, and cyclocross racing bicycles, that ranged in price from about $2,500 to $8,500. Waterford built both TIG welded and lugged steel frames to order, and specialized in custom and unique bicycle frames.