Preston Eastin, Inc.

Preston Eastin, Inc. designs and manufactures advanced robotic and welding positioners that improve productivity and safety in various manufacturing sectors, including automotive, aerospace, and shipbuilding. Founded in 1972 in Tulsa, US, Preston Eastin, Inc. specializes in manufacturing robotic systems and positioners.

The company was acquired in April 2008 by Capital For Business, InvestAmerica, and Mendota Group, alongside management, although financial details were not disclosed. The CEO is Dennis George, alongside Gary Gamino. Preston Eastin specializes in the design and manufacturing of advanced robotic and welding positioners that enhance productivity, safety, and quality in manufacturing processes. Their core product offerings include a range of positioners that add multiple axes to robotic systems, allowing for increased flexibility in workpiece geometry and improved access to complex areas.

These positioners are utilized in various applications, including welding, painting, coating, sanding, material handling, and thermal spray, among others. The company's clients include top robotic systems integrators and original equipment manufacturers (OEMs) across multiple industries, notably automotive, aerospace, defense, construction, energy, transportation, shipbuilding, and heavy equipment. Preston Eastin serves a diverse geographical market, delivering solutions to customers across North America and potentially extending to international markets. Preston Eastin operates on a direct-to-business transaction model, providing custom solutions tailored to the specific needs of its clients, alongside standard offerings.

The revenue structure is primarily based on custom orders and standard product sales, with clients engaging in procurement agreements that involve quoting, purchase orders, and timely delivery. Transactions typically involve negotiations for specific project requirements, where clients may request tailored positioners that meet unique load-carrying capacities or motion ranges. The pricing structure reflects the quality and innovation of their products, ensuring competitive rates aligned with industry standards. Flagship offerings, such as their robotic positioners and welding manipulators, are key components in their portfolio, reinforcing the company’s commitment to providing reliable and efficient manufacturing solutions.

Preston Eastin plans to introduce new product lines aimed at enhancing their robotic and welding positioners. The company is targeting expansion into international markets over the next few years, with specific plans to access Europe and Asia by 2025. The recent acquisition in April 2008 is expected to support these initiatives by providing capital for product development and market entry strategies.