Major Tool & Machine
- Company typePrivate
- Founded1946
- HeadquartersIndianapolis, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
Major Tool & Machine firmographics
Firmographics- Name
- Major Tool & Machine
- Legal name
- Major Tool & Machine Inc.
- Website
- https://majortool.com
- Company type
- Private
- Founded year
- 1946
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Major Tool & Machine industry classification
Industry- Product category
- Precision Contract Manufacturing
- NAICS
- Machine Shops (332710), Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing (3327), Metalworking Machinery Manufacturing (3335)
- SIC
- Metalworkg Machinery & Equipment (3540)
- akta.pro primary industry
- CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)
- akta.pro secondary industries
- Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC), Metal Cutting Tools, Tooling & Workholding (Cutters, Inserts, Chucks, Fixtures) (IMAHADAB)
Keywords
Where Major Tool & Machine is headquartered
LocationHeadquarters
- HQ city
- Indianapolis
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Major Tool & Machine business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Contract Manufacturing Services: B2B contract manufacturing providing CNC machining, welding, fabrication, engineering, program management, inspection, finishing, and assembly services. Revenue generated through project-based contracts with aerospace and defense primes, power generation, semiconductor, oil and gas, and nuclear customers. Turnkey service delivering fully finished components and assemblies, either new or re-manufactured.
- Large Assembly Manufacturing: Specialty in building large assemblies to close tolerances from special alloys. Serves customers worldwide with components ranging from 6 inches to 90 feet.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Major Tool & Machine product offering
Product offeringCore offering
Major Tool & Machine is a contract manufacturer specializing in large CNC milling and turning machining, manual and robotic welding, engineering, program management, inspection, finishing, and assembly services. The company delivers turnkey manufacturing of fully finished components and assemblies—either new or re-manufactured—from special alloys, with component capabilities ranging from 6 inches to 90 feet. Operating from a 650,000 sqft Indianapolis facility, MTM serves aerospace, defense, power generation, semiconductor, oil and gas, and nuclear customers worldwide.
Product overview
Major Tool & Machine is a contract manufacturing company offering a comprehensive suite of manufacturing services through an integrated, turnkey approach. The core offerings center on large CNC milling and turning machining (capable of components from 6 inches to 90 feet), manual and robotic welding and fabrication (with over 200 ASME-qualified procedures), and complete finishing, assembly, and testing services. These capabilities are supported by project and program management services (Customer Focused Teams with dedicated engineers), engineering and design-for-manufacturing assistance, and quality assurance with full nondestructive examination. The company also offers publicly available GD&T training as an add-on service. All services are delivered from a single 650,000 sqft Indianapolis facility with state-of-the-art equipment, enabling MTM to deliver fully finished components and assemblies—new or re-manufactured—to customers worldwide.
Differentiator
Problem solved
Functional benefit
Products and services
- CNC Machining Services Precision large-format CNC milling and turning machining services capable of handling components ranging from 6 inches to 90 feet, including CNC vertical turning, CNC horizontal turning, CNC vertical 5-axis milling, CNC horizontal milling, CNC high-speed machining, CNC jig boring, and CNC tool making. Delivered to aerospace, defense, power generation, semiconductor, nuclear, and oil and gas customers worldwide.
- Welding and Fabrication Services Manual and robotic welding and fabrication services across high nickel alloys, stainless, carbon steels, aluminum, and titanium. Several robotic weld cells using Motoman and Wolf robotic systems, with over 200 welding procedures qualified per ASME Section IX, exceeding ASME, AWS, Military, and DIN standards.
- Quality Assurance and Continuous Improvement Services Quality assurance services including a climate-controlled inspection lab with fixed-based Zeiss CMMs, portable Faro laser trackers, blue light scanning, and broken-arm (Romer) CMMs with model-based inspection software for CAD model verification. Full nondestructive examination (NDE) including radiography, magnetic particle, penetrant, visual inspection, pneumatic load testing, vacuum leak testing, hydrostatic pressure testing, and helium leak testing, supported by ASNT-certified Level III inspectors.
- Finish, Assembly, and Testing Services Complete finishing services including on-site sandblast and paint, robotic powder-coat paint booth, high temperature cure oven, large volume assembly, and helium leak testing capabilities. Delivered as part of Major Tool & Machine's turnkey manufacturing model.
- Project and Program Management Services Customer Focused Teams (CFTs) provide dedicated lead and degreed engineers for planning, release, program management, and customer reporting throughout the program lifecycle, supporting aerospace and defense primes from quoting through program completion.
- Engineering Services Design for manufacturing assistance and manufacturing engineering support integrated with an ERP system operational since 1996, providing seamless customer data flow for inspection, test, traceability, and examination requirements.
- GD&T Training Publicly available Geometric Dimensioning and Tolerancing training with 12 hours of instruction taught to ASME Y14.5 2009 Standard, offered at customer site or at the Indianapolis facility, taught by a GD&T instructor with over 30 years of experience.
Quantifiable outcome
- Record revenue year in 2020 despite global challenges
- +2 more outcomes
Companies that use Major Tool & Machine
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles3 records
Major Tool & Machine technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Major Tool & Machine partnerships and signals
Strategic signalScale indicators9 records
Recent moves6 records
Expansion highlights6 records
Major Tool & Machine competitors and assessment
Company assessmentDirect peers
- Ducommun: Public aerospace structural components and manufacturing services provider serving defense primes with similar large-format assemblies and high-mix machined parts.
- Barnes Aerospace: Division of Barnes Group providing aerospace machined components, fabrication, and engine parts to OEMs and MRO customers with comparable tight-tolerance work.
- Precinmac: Parent platform and direct peer in diversified high-precision machined components for aerospace, defense, semiconductor, medical, and general industrial customers with overlapping CNC and fabrication capabilities.
- Triumph Group: Public aerospace structures and components manufacturer with extensive precision machining and fabrication across commercial and military platforms — comparable customer mix and component profile.
- Precision Aviation Group: Atlanta-based aerospace MRO and precision component manufacturer serving defense and commercial operators with comparable AS9100/NADCAP-certified machining and assembly scope.
Broad incumbents
- Howmet Aerospace: Much larger public supplier of engineered aerospace components (including large titanium and nickel-alloy structures) that competes with MTM on prime-billable machined assemblies.
- Curtiss-Wright: Diversified public aerospace and defense manufacturer serving naval, ground, and aerospace programs; overlaps with MTM on submarine fabrications and precision components.
- TransDigm: Large public aerospace component specialist supplying proprietary parts to a similar customer base of primes and Tier-1 suppliers across commercial and military platforms.
- HEICO: Public aerospace parts manufacturer with FAA-PMA and defense portfolios; comparable high-mix precision manufacturing go-to-market with similar regulatory and quality barriers.
Regional players
- Sparrows Group: UK-headquartered precision engineering services provider for cranes, lifting, and mechanical handling serving energy and offshore; comparable machining/fabrication capability but different geography.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Major Tool & Machine social profiles
Digital presenceMajor Tool & Machine compliance and trust
Trust signalCompliance8 records
Major Tool & Machine financial estimates
Financial estimateRevenue estimate
Valuation estimate
Major Tool & Machine leadership team
Management profileNumber of profiles
Profiles5 records
Major Tool & Machine funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Major Tool & Machine M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Major Tool & Machine
What does Major Tool & Machine do?
Major Tool & Machine is a contract manufacturer specializing in large CNC milling and turning machining, manual and robotic welding, engineering, program management, inspection, finishing, and assembly services. The company delivers turnkey manufacturing of fully finished components and assemblies—either new or re-manufactured—from special alloys, with component capabilities ranging from 6 inches to 90 feet. Operating from a 650,000 sqft Indianapolis facility, MTM serves aerospace, defense, power generation, semiconductor, oil and gas, and nuclear customers worldwide.
Is Major Tool & Machine a public or private company?
Major Tool & Machine is a private company. It is classified as private equity controlled and is currently operating.
When was Major Tool & Machine founded?
Major Tool & Machine was founded in 1946. It employs 101 to 250 people.
Where is Major Tool & Machine based?
Major Tool & Machine is headquartered in Indianapolis, United States, in the North America region.
How does Major Tool & Machine make money?
Two revenue lines are on record. Contract Manufacturing Services are the primary driver. The others are large Assembly Manufacturing.
Who are Major Tool & Machine's main competitors?
Direct peers on record are Ducommun, Barnes Aerospace, Precinmac, Triumph Group and Precision Aviation Group. Broad incumbents are Howmet Aerospace, Curtiss-Wright, TransDigm and HEICO. Sparrows Group is listed as a regional player.
Does Major Tool & Machine have an API?
No public API is recorded for Major Tool & Machine.
What industry is Major Tool & Machine in?
Major Tool & Machine's product category is Precision Contract Manufacturing. Its primary akta.pro industry code is IMAHADAA, CNC Machine Tools (Turning, Milling, Machining Centers), with a secondary code of IMAHADAC, Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping). Its NAICS code is 332710 and its SIC code is 3540.