An impeller and at least a portion of a cooperating peripheral volute may be integrated are integrally injection molded with, concentric outer rotor and inner stator assemblies, respectively, to achieve a low profile precision impeller mechanism based on an improved brushless D.C. motor with low length to diameter ratio and suitable for use in a variety of other applications. A rotating cap has an inner circumference which is molded about an outer ferromagnetic back ring that in turn supports a rotor magnet having a number of poles of alternating polarity and separated by a relatively small cylindrical air gap from a fixed stator assembly. The fixed stator assembly is integrally molded into a base housing having a bearing support that extends upwardly through the center of the stator assembly and that is rotatably coupled to a rotating shaft that extends downwardly from the center of the rotating cap.