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IndustryNet Blog

Fastest-growing U.S. precision machined components manufacturers

Posted by IndustryNet on Monday, November 12, 2018

100000299Super_precision_machined_componentsOur world is inseparably dependent upon machines and technology as a part of everyday life.

While many may not give it a second thought, everything - from the car they drive to the computers utilized for work to the instruments used by your doctor - requires precision machined components to function.

An individual may rely on thousands of these precision machined parts during the course of their day without even knowing it. Yet, without the specialized manufacturers who produce these high-tolerance parts, much of life as we know it would grind to a halt.

Current Status

Thanks to near universal reliance on technology and recent changes to global trade agreements, precision machined component manufacturers are seeing a resurgence here in the United States. Average sales have increased 14 percent, and nearly 1,000 jobs have been added to the sector since the previous year.

Related: U.S. manufacturers of precision machined components see rapid growth

Precision machined component manufacturers have also seen positive economics with 7 percent reporting an increase in employment and 3 percent reporting sales growth. These figures are nearly double the statistics for manufacturing in general.

Top Precision Machined Component Manufacturers

With 96 percent of these companies being privately-owned and distributing domestically (71 percent), these numbers are a huge boost to local economies here in the United States. Here are some of the largest and fastest-growing manufacturers contributing to this trend.

Engineered Machine Products, Inc. in Escanaba, MI is currently the largest precision machine company in the United States. Over 450 employees and nearly 500,000 square feet of total facility space allow this company to serve the transportation, power generation, military and marine industries.

Acutec Precision Aerospace, Inc. in Saegertown, PA builds precision parts for the aerospace and power generation markets. With a combined 300,000 square feet of space and dozens of machines, this company works closely such industry leaders like GE Aviation, DuPont, Bell Helicopter, Moog and UTC Aerospace.

Century, Inc. in Traverse City, MI has a dual focus on heat treating and precision machining. Serving aerospace, rail, nuclear, mining and oil and gas industries, Century, Inc. offers precision grinding, milling, turning and thread rolling.

They also offer a variety of non-destructive testing methods for quality assurance of all parts.precision_machining_twomen

NN, Inc. is a diversified industrial company with global reach and positioning. Its precision machine division is located in Kentwood, MI and offers high-volume machining to extremely high tolerances.

This particular division of the company is known for automotive, consumer and industrial precision products.

Delta Hi-Tech, Inc. based in Chatsworth, CA is the fastest-growing precision machine company in the United States as of this time.

A woman-owned business with 200 employees, Delta Hi-Tech can provide custom parts for dental and medical implants or components for rockets and satellites.

LAI International, Inc. of Scarborough, ME offers additive and subtractive manufacturing methods for exacting industries.

The growing company has provided parts for medical devices and implements, spacecraft, turbine engines, airframes and electrical power plants.

GrovTec US, Inc. in Wood Village, OR is known by many as a manufacturer of firearms components. However, the craftsmanship used in that industry has enabled them to provide custom and contract machining work for non-firearm related projects as well.

PENCOM of San Carlos, CA is a privately-owned OEM solution provider. From kits to inventory control to engineering, PENCOM has over 25 logistics sites worldwide ready to provide service and support to customers.

precision machining machineToolcraft, Inc. of North Carolina is based in Marion, NC. Their sole focus is on bolt carriers for specific types of firearms. Refusing to sacrifice Mil-Spec quality for volume, Toolcraft, Inc. is still able to produce over 9,000 carriers per week.

Searching for precision machined components

IndustryNet provides detailed research on 400,000 manufacturers for both customers and suppliers.

To find precision machined component manufacturers, a customer can search the online marketplace to find the right match. Searching the database is free and easy, with filters for everything, from proximity to ISO certification.


Related Searches: Precision Machined Components
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