Precision Turned Product Manufacturing Industry

NAICS: 332721

For additional companies see the Machine Shops; Turned Product; & Screw, Nut & Bolt Manufacturing Industry

Precision Turned Product Manufacturing Market Share: Largest Companies in the Precision Turned Product Manufacturing Industry

Company	Headquarters	Revenue ($ MM)
ALPHA Q	Colchester, CT	100
ALLOY %26 STAINLESS FASTENERS	Houston, TX	28
AMERICAN METAL MANUFACTURING RESOURCE	Pomona, CA	22
DAUPHIN PRECISION TOOL	Millersburg, PA	20
WHITESELL PRECISION COMPONENTS	Jeffersonville, IN	17
THRIVE TALLADEGA	Talladega, AL	16
ASHLEY ENTERPRISES	Youngstown, OH	15
FLEXIBLE CONCEPTS	Elkhart, IN	15
STEELHEAD COMPOSITES	Golden, CO	14
FITZE ENGINEERS LIMITED	West Chester, PA	14
CENTRIC MACHINING SOLUTIONS	Drifting, PA	13
DROITCOUR	Warwick, RI	12
CUSTOM TOOL & DIE	Beebe, AR	12
HEPHAESTUS TECHNOLOGIES	Cleveland, OH	12
M & R ENGINEERING	Orange, CA	12
EMC PRECISION MACHINING II	Sheridan, IN	11
NEAL FEAY	Goleta, CA	10
JAM INDUSTRIES INC PAYROLL ACCOUNT	Rochester, NY	10
SHELDON PRECISION	Peck, KS	10

This is a list of the largest companies active in the Precision Turned Product Manufacturing industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Precision Turned Product Manufacturing industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Precision Turned Product Manufacturing Companies

A list of competitors in the Precision Turned Product Manufacturing industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Precision Turned Product Manufacturing businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Precision Turned Product Manufacturing companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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