New Dimensions Precision Machining, Inc.
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New Dimensions Precision Machining, Inc. - overview
Established
1987
Location
-, IL, US
Primary Industry
Industrial Machinery
About
New Dimensions Precision Machining, Inc. excels in the precision machining and manufacturing of high-quality metal components, serving diverse sectors such as aerospace and automotive with advanced engineering solutions. New Dimensions Precision Machining, Inc. specializes in precision machining and component manufacturing for various industries.
The company was founded in 1987 in the United States and has undergone strategic changes to enhance its operations. In March 2019, the firm was acquired by Northfield Industries, LLC, a portfolio company of Trivest Partners, but specific financial terms were not disclosed. New Dimensions Precision Machining, Inc. manufactures precision-forged and CNC-machined metal components for sectors including aerospace, automotive, and energy.
Their offerings are tailored to complex engineering requirements, producing durable components such as high-pressure valve parts and custom solutions for demanding environments, aimed at both North American and international clients. The company generates revenue through B2B transactions, providing precision components directly to manufacturers. Their business model focuses on long-term partnerships and bulk orders, ensuring stable revenue streams from contracts outlining quantity and delivery terms for their precision-forged and CNC-machined products. The company plans to enhance its product lineup and expand into new geographic markets following its acquisition in March 2019.
Though specific product launch dates are not detailed, strategic initiatives are underway to establish a foothold in emerging markets. Recent funding will support these growth efforts, allowing New Dimensions Precision Machining to innovate and meet evolving client needs.
Current Investors
Northfield Industries, LLC
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.newdims.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
New Dimensions Precision Machining, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | New Dimensions Precision Machining, Inc. | - |
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