Precision Machine and Manufacturing, Inc.
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Precision Machine and Manufacturing, Inc. - overview
Established
1977
Location
Eugene, OR, US
Primary Industry
Industrial Machinery
About
Precision Machine and Manufacturing, Inc. specializes in the design and production of robust material handling equipment, providing efficient solutions for the movement of various industrial materials. Founded in 1977, Precision Machine and Manufacturing, Inc. , located in Eugene, US, is dedicated to the manufacturing of heavy-duty rotary airlock feeders and related equipment.
The company underwent a management-led buyout in March 2014, supported by CVF Capital Partners and Socius Capital, which acquired a controlling interest, while the management retained a significant minority stake. CEO Don Lindsey has been pivotal in steering the company's growth since its founding. The company has been involved in one notable funding deal to enhance its operations. Precision Machine & Manufacturing specializes in the design and manufacture of heavy-duty rotary airlock feeders, rotary valves, airlocks, and screw conveyors.
These products are engineered to efficiently move large volumes of various materials, including granular powders, pellets, and raw materials used in industries such as agriculture, cement, and food processing. Core product offerings include heavy-duty rotary airlock feeders equipped with hardened tool steel knives for size reduction of irregular materials, and self-cleaning rotary valve airlocks that prevent clogging. The company primarily serves a diverse client base, including manufacturers and processors in sectors that require robust material handling solutions, with a geographical focus that extends across North America. The reliability and durability of Precision Machine & Manufacturing’s products make them a preferred choice for clients facing challenging material handling applications.
The revenue structure of Precision Machine & Manufacturing is largely derived from direct B2B transactions with industrial clients. The company engages in the sale of its flagship products, such as heavy-duty rotary airlock feeders and self-cleaning rotary valve airlocks, typically through negotiated contracts. These contracts outline specific terms regarding pricing, volume, and delivery timelines, ensuring that clients receive tailored solutions to meet their operational needs. Transactions are structured on a project basis, where clients may request quotes based on their specific requirements, leading to customized pricing plans that reflect the complexity and scale of the solutions offered.
Additionally, the firm's commitment to manufacturing in the United States enhances its value proposition, appealing to clients who prioritize domestic sourcing and quality assurance in their material handling equipment. As part of its strategy for future growth, Precision Machine and Manufacturing is focused on developing new products designed to enhance its existing line of material handling solutions. The company aims to expand its market reach into new geographic regions, particularly targeting opportunities in the southeastern and western segments of the United States by 2025. The management team plans to utilize the capital raised in the March 2014 deal to support these initiatives, which include product development and market expansion efforts.
Current Investors
CVF Capital Partners, Socius Capital
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.premach.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Precision Machine and Manufacturing, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Precision Machine and Manufacturing, Inc. | - |
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