This paper describes the development of a precision 3-component load cell with plate beams which may be used for measuring forces Fx, Fy and moment Mz simultaneously in industry. The equations to predict the bending strains on the surface of the beams under forces or moment are derived, the attachment location of strain gages of each sensor is determined, and 3-component load cell is carried out. It reveals that the rated strain calculated from the derived equations are good agreement with the results from Finite Element Method analysis.