Xymat LLC

Xymat LLC is a contract manufacturing company specializing in CNC machining and precision welding services for sectors such as aerospace, energy, and mining, delivering high-quality solutions tailored to specific industry needs. Founded in 1974 and headquartered in Colorado Springs, US, Xymat LLC focuses on contract manufacturing services. The company has not undergone any significant pivots or changes in its business operations. Doug Waldron serves as the CEO.

Xymat LLC was acquired by CR3 Capital in February 2018 for an undisclosed amount. Xymat LLC specializes in contract manufacturing, focusing on CNC machining and precision welding services tailored to various market sectors, including aerospace, energy, mining, and commercial applications. The company operates two facilities in Colorado Springs, Colorado, employing advanced machining and fabrication technologies such as CNC machining, turning, milling, water jet cutting, and Friction Stir Welding (FSW). Xymat's offerings cater to industry needs, such as high-quality dunnage for Department of Energy (DOE) radioactive containers and specialized components compliant with ASME and AWS standards.

Its clientele includes institutions like Los Alamos National Laboratory, Savannah River Site, and Waste Isolation Pilot Plant, with products primarily distributed within the United States to critical infrastructure sectors demanding precision-engineered solutions. Revenue generation at Xymat LLC derives from B2B transactions through long-term contracts with government agencies and private sector clients. The company negotiates contracts for specific projects or ongoing manufacturing services, with payments typically aligned with project milestones or completion of deliverables. Core services such as precision welding and CNC machining significantly contribute to revenue, supported by a reputation for producing specialized equipment like high-strength aluminum assemblies for deep-water applications.

The comprehensive range of products and services allows the company to deliver tailored solutions that meet clients' specific requirements and budgets, facilitating sustained revenue streams through repeat business and long-term partnerships. Xymat LLC plans to leverage its recent acquisition to expand its market presence and enhance its product offerings. New products focused on advanced machining technologies are in the design phase, with launches anticipated in the next 12-18 months. The company aims to enter new markets, particularly in the defense and renewable energy sectors, by 2025.

The funding from the acquisition will support these initiatives, aiming to bolster operational capabilities and expand product development.