What Ameritec Machining does

Ameritec Machining, Inc. is a family-owned contract manufacturer of precision CNC-machined parts and assemblies, founded in 1992 by Richard and Joyce Walter and headquartered in a 57,000+ sq ft facility in New Hampton, Iowa. The company operates a diversified machine shop built around CNC horizontal machining centers (H632, HM63), CNC vertical machining centers (M401, M451, M552, MDV series, MOH1), CNC turning cells (L-series configured in cells), and CMM-based inspection, producing parts from bar stock and castings in steels, cast iron, aluminum, bronze, brass, nylons, and plastics. Capabilities span prototype through high-volume production runs, with humidity-controlled manufacturing enabling tight-tolerance work, and the shop is ISO 9001:2015 certified through NQA with ANAB accreditation.

The business model is B2B contract manufacturing with direct sales engagement: Ameritec supplies finished assemblies (e.g., axle housing assemblies) directly to customer assembly lines under quote-based pricing, with value-added services including custom packaging, labeling, barcoding, and EDI integration. Revenue is generated through one-time project and production-run contracts rather than recurring subscriptions, and the company supplements its in-house processes with an outsourced partner network to deliver a "best total cost" single-vendor solution. Customers are horizontal-segment manufacturers needing precision parts, served primarily within the Iowa/regional U.S. market, with distribution through direct field-sales delivery into customer production lines. The current leadership team is multi-generational Walter family — Joyce Walter (Owner), Kimberly Walter (President, 10 years HR/safety), and Jason Walter (Vice President, 20+ years machining and 15 years management).

Name

Ameritec Machining

Legal name

Ameritec Machining, Inc.

Website

https://ameritecmachining.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

Ameritec Machining is a family-owned Iowa CNC machining shop (founded 1992) producing precision turned, milled, and assembled parts from prototype to production runs for manufacturing customers, with direct delivery into their assembly lines.

Ownership category

akta.pro rank

Product category

Precision CNC Machining Services

NAICS

Metalworking Machinery Manufacturing (33351)

SIC

Screw Machine Products (3451)

akta.pro primary industry

CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)

Keywords

• CNC machining services
• Precision parts manufacturing
• Contract manufacturing
• CNC turning milling
• Precision machined components

Headquarters

HQ city

New Hampton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. CNC Machining Services: Contract CNC machining of precision parts from bar stock and castings, ranging from prototype to small and large production runs. Also supplies finished assemblies made from machined and purchased components directly to customer assembly lines.
2. Assembly Services: Assembly operations for components, providing pre-assembled parts to customers to reduce their inventory and streamline their purchasing process.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Contract CNC machining of precision parts from bar stock and castings, ranging from prototype to small and large production runs, using CNC turning and milling solutions. The company also supplies finished assemblies made from machined and purchased components directly to customer assembly lines, providing outsourced process partnerships and special packaging/labeling services.

Product overview

Ameritec Machining is a contract CNC machining services provider offering precision parts manufacturing through a unified service portfolio. The core offering consists of CNC turning and milling services using equipment including CNC Horizontal Machining Centers (H632, HM63), CNC Vertical Machining Centers (M401, M451, M552, MDV1-MDV5, MOH1), CNC Turning Centers (L-series cells), and Inspection Equipment. Services range from prototype to small and large production runs, with finished assemblies supplied directly to customer assembly lines. The company works with materials including standard steels, cast iron, hardened steels, aluminum, bronze, brass, nylons, and plastics.

Differentiator

Problem solved

Functional benefit

Products and services

• CNC Turning and Milling Services Contract CNC machining of precision parts from bar stock and castings, serving quantities from prototype to small and large production runs. Includes turning and milling solutions using basic turning centers, vertical machining centers, live-tooling turning, and horizontal machining centers for manufacturing companies.
• Finished Assemblies Supplying finished assemblies made from machined and purchased components directly to customer assembly lines, including sub-assemblies such as axle housing assemblies, to reduce customer inventory and streamline purchasing for manufacturers.

Quantifiable outcome

• 100% on-time delivery as company goal

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Outsourced Process PartnersminorOthersAmeritec partners with many other companies that specialize in outsourced processes they do not offer internally. This creates cost savings opportunities for customers. They are also open to working with customer-approved specific suppliers.

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Star Rapid: Star Rapid is a China-based rapid prototyping and low-volume manufacturing company specializing in CNC machining and finishing. It competes directly with Ameritec for precision parts orders from prototype through production runs.
• Xometry: Xometry operates an on-demand manufacturing marketplace with CNC machining as a flagship service, connecting buyers to a network of job shops. It is comparable to Ameritec because both serve manufacturers needing contract CNC turning, milling, and assembly work.
• Fictiv: Fictiv is a digital manufacturing platform offering CNC machining, 3D printing, and injection molding with managed quality. It is a direct peer because both deliver contract CNC machined parts with quality certification for B2B manufacturers.
• Protolabs: Protolabs offers on-demand CNC machining, injection molding, and 3D printing services to engineers and procurement teams globally. It is a direct peer because both companies deliver contract CNC-machined precision parts from bar stock and castings as a core service.
• EVS Metal: EVS Metal is a US contract metal fabricator offering CNC machining, sheet metal fabrication, and finishing services to industrial customers. It is comparable to Ameritec because both are mid-sized US contract manufacturers delivering precision machined components to OEMs.
• Hubs: Hubs (formerly 3D Hubs) provides CNC machining, injection molding, and 3D printing services through a global network of vetted manufacturers. It directly competes with Ameritec for the same precision parts manufacturing customer base.
• MetalTek International: MetalTek International manufactures precision cast and machined metal components for industrial customers with in-house CNC machining capabilities. It is a direct peer because both combine metal processing with CNC machining to deliver finished precision parts.
• Tegra: Tegra is a contract CNC machining and manufacturing services provider serving aerospace, defense, and industrial customers. It is comparable to Ameritec because both offer precision CNC turning, milling, and assembly services to B2B manufacturers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ameritec Machining