Midstate Machine
Midstate Machine is a US precision machining and fabrication manufacturer producing complex, mission-critical components for aerospace, defense, power generation, and oil and gas OEMs (Lockheed Martin, Honeywell, GE Aviation) across three Centers of Excellence in Maine, Ohio, and Arizona.
- Company typePrivate
- Founded-
- HeadquartersCincinnati, United States
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
What Midstate Machine does
Midstate Machine is a US precision machining and fabrication manufacturer operating as a division of Precision Holdings LLC, a portfolio company of Insight Equity since 2014. The company produces complex, mission-critical components and assemblies for the aerospace, defense, power generation, and oil and gas industries, serving OEM and Tier-1 customers that include Lockheed Martin (F-35/F135 engine rotating hardware), Honeywell (HTF7000), GE Aviation, GE Power, P&W Raytheon, and others. It operates three Centers of Excellence across Winslow, ME (Defense and Industrial Gas Turbine), Cincinnati, OH (Commercial and Military Aerospace), and Phoenix, AZ (Aerospace Small Parts, acquired from Barnes Aerospace in October 2022), totaling more than 250,000 square feet and over 41 multi-axis CNC machining centers capable of producing parts from 1 inch to 140 inches and up to 30 tons in weight.
The core technology stack centers on precision CNC machining, fabrication, and special processes (NADCAP-certified welding, FPI/NDT, EDM, cladding, laser welding, robotic shot peening, anodize/plating) in specialty alloys including magnesium, titanium, aluminum, and Inconel. Midstate commercializes a proprietary broach-alternative process called Fir Tree Technology for disc dovetail slots, holds multiple aeroengine/aerostructure patents via its CEO, and is the exclusive machining partner for Norsk Titanium's Rapid Plasma Deposition (RPD) additive-manufactured titanium structural components, positioning the firm in the aerospace AM supply chain.
Midstate generates revenue through B2B contract manufacturing on a quote-based pricing model with no public disclosure of rates. The business operates two complementary modes: full-rate production positions on strategic military and commercial platforms (F-35, A320) and high-mix/low-volume legacy programs for defense, power generation, and oil and gas customers. Customer concentration is high and skewed toward large aerospace and defense OEMs, and revenue visibility is anchored by long-cycle platform programs, NADCAP/ITAR/AS9100 certifications that act as switching-cost barriers, and recurring requalification work on legacy parts.
Midstate Machine firmographics
Firmographics- Name
- Midstate Machine
- Legal name
- Midstate Machine (d.b.a. Mid-State Machine Products, McSwain Manufacturing and Precision Holdings, LLC)
- Website
- https://midstateusa.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Midstate Machine is a US precision machining and fabrication manufacturer producing complex, mission-critical components for aerospace, defense, power generation, and oil and gas OEMs (Lockheed Martin, Honeywell, GE Aviation) across three Centers of Excellence in Maine, Ohio, and Arizona.
- Ownership category
- akta.pro rank
Midstate Machine industry classification
Industry- Product category
- Aerospace Precision Machining and Manufacturing
- NAICS
- Machine Shops (332710), Aerospace Product and Parts Manufacturing (33641)
- SIC
- General Industrial Machinery & Equipment, Nec (3569)
- akta.pro primary industry
- CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)
- akta.pro secondary industry
- EDM & Electrochemical Machining (Wire/Sinker EDM, ECM) (IMAHADAF)
Keywords
Where Midstate Machine is headquartered
LocationHeadquarters
- HQ city
- Cincinnati
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Midstate 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
- Precision Manufacturing Services: Turnkey manufacturing solutions including engineering, machining, fabrication, assembly, finishing and test services for complex, mission critical parts for aerospace, defense, power generation, and oil & gas industries.
- Production Programs: Full rate production programs supporting F-35 and A320, as well as high mix/low volume legacy programs for defense and industrial markets.
- Additive Manufacturing Services: Post-processing and precision machining of Norsk Titanium's RPD-produced near-net-shape titanium components for aerospace applications.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
Midstate Machine product offering
Product offeringCore offering
Midstate Machine (Division of Precision Holdings LLC) is a precision machining and fabrication manufacturer that provides turnkey solutions for complex, mission-critical parts through a full suite of engineering, machining, fabrication, assembly, finishing, and test services. The company operates more than 41 multi-axis CNC machining centers capable of producing parts from 1 inch to 140 inches and up to 30 tons in specialty materials such as magnesium, titanium, aluminum, and Inconel. It serves the military and commercial aerospace, defense, power generation, and oil & gas industries through direct relationships with major OEM customers including Lockheed Martin, GE Aviation, and Honeywell.
Product overview
Midstate Machine (Division of Precision Holdings) is a precision machining and fabrication company providing turnkey solutions through a full suite of services including engineering, machining, fabrication, assembly, finishing, and testing. The company operates Centers of Excellence in Maine (Defense and Industrial Gas Turbine products) and Ohio (Commercial and Military Aerospace), with a third facility in Phoenix focused on Aerospace Small Parts. Key product offerings include precision CNC machining of components up to 140 inches in specialty alloys, proprietary Fir Tree Technology for dovetail slot manufacturing, and additive manufacturing capabilities through a strategic partnership with Norsk Titanium using Rapid Plasma Deposition for near-net-shape titanium components. The company serves aerospace, defense, power generation, and oil & gas industries.
Differentiator
Problem solved
Functional benefit
Brands
- Fir Tree Technology: Broach alternative for small to mid-range disc dovetail slots developed by Midstate Machine
- Additive Manufacturing
Products and services
- Precision Machining Services CNC machining of complex components up to 140 inches and 30 tons, supporting specialty materials including magnesium, titanium, aluminum, and Inconel. Services include 5-axis high-speed milling, multi-axis turning, EDM, grinding, fabrication, assembly, testing, and inspection for aerospace, defense, power generation, and oil & gas customers.
- Precision Fabrication and Assembly Turnkey supply chain management including X-ray, EDM, cladding, laser, and sub arc welding, plus full assembly, finishing, and testing services for complex, mission-critical parts.
- Special Processes Surface treatments and processing including chromic/boric/sulphuric anodize, CAD plating, aluminum/titanium etching, Alochrome and Alodine treatments, NADCAP heat treat, brazing, wire EDM, laser weld/drill, prime paint, robotic shot peening, passivation, and salt spray.
- Fir Tree Technology Proprietary broach alternative for small to mid-range disc dovetail slots that enables quick manufacturing of new hardware without long lead times for broach tools, with ability to switch between parts within hours. In production on multiple OEM aerospace products.
- Additive Manufacturing (Norsk Titanium Partnership) Strategic partnership with Norsk Titanium providing Rapid Plasma Deposition (RPD) technology for near-net-shape titanium aerospace-grade structural components (Ti64), enabling machining of titanium components that replace traditional forgings for commercial and defense aerospace applications.
- Nondestructive Testing (NDT) Services NADCAP-certified fluorescent penetrant inspection (FPI) and other nondestructive testing services for quality assurance of manufactured components.
Quantifiable outcome
- Parts ranging from 1 inch to 140 inches
- +2 more outcomes
Companies that use Midstate Machine
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles4 records
Midstate Machine technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Midstate Machine partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor and core.
- Advisory AerominorOperational Excellence Initiative partner. Ric Page joined as Director of IT with initial priorities including completing system integration of Midstate Phoenix and championing the Operational Excellence Initiative with partner Advisory Aero.
- Norsk TitaniumcoreIn March 2016, Insight Equity/Precision Holdings entered into a strategic partnership with Norsk Titanium. The partnership allows Midstate Machine to machine all of NTi's global RPD-produced titanium components, access printed NTi material for sale into end markets, and enables both companies to offer the AM market a full range of capability for small, medium and large components.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
Midstate Machine competitors and assessment
Company assessmentDirect peers
- Ducommun Incorporated: Ducommun is an aerospace and defense manufacturing services provider offering engineering, precision machining, fabrication, and assembly of structural and electro-mechanical components for commercial and military aerospace primes — directly comparable to Midstate's turnkey mission-critical parts business and overlapping customer base (Lockheed Martin, Raytheon, Boeing, Airbus).
- Loar Holdings Inc. Loar Holdings is a niche aerospace components holding company focused on proprietary, sole-source parts for aircraft and engine applications across commercial and business jet platforms. Its business model of acquiring and growing niche aerospace parts businesses makes it both a peer to Midstate's small parts operation and a comparable PE-backed aerospace roll-up story.
- Barnes Group Inc. Barnes Group is a diversified industrial manufacturer with an aerospace precision components business and was the former parent of Barnes Aerospace, whose Phoenix operating unit Midstate acquired in October 2022. It is the most direct historical peer to Midstate's precision machined aerospace components business.
- CPI Aerostructures: CPI Aerostructures is an aerospace structural parts manufacturer providing assembly, kitting, and integration solutions for military and commercial aerospace programs, including legacy fighter and rotorcraft platforms. The business model — programs for primes, NADCAP-level quality, and complex structural assemblies — closely mirrors Midstate's model.
- Triumph Group: Triumph Group is a Tier-1 aerospace manufacturer with extensive capabilities in complex machining, fabrication, and assembly of structural and mechanical components, serving the same Boeing, Airbus, and major defense primes as Midstate. It is the most direct large-cap peer for Midstate's full-rate production programs and complex assemblies business.
- Kaman Corporation: Kaman is an aerospace components and systems manufacturer with precision machining and assembly capabilities serving fixed-wing, rotary-wing, and defense programs. Its portfolio of mission-critical aerospace parts and engineered products makes it a direct mid-cap peer to Midstate's defense and aerospace segments.
- Moog Inc. Moog is a precision motion control products and systems manufacturer with significant aerospace machining and assembly capabilities serving commercial and military platforms. While broader than Midstate, its high-precision manufacturing of flight-critical components and direct OEM customer relationships make it a relevant comparator.
Broad incumbents
- Howmet Aerospace: Howmet Aerospace is a major aerospace structural castings, fasteners, and components manufacturer serving engine and airframe OEMs. As a Tier-1 incumbent in aerospace mission-critical parts, it represents the upper-bound scale of Midstate's served market, particularly for engine rotating and structural parts.
- Mercury Systems: Mercury Systems is a defense electronics and mission-critical subsystems provider that has expanded into mission-critical aerospace processing hardware. While primarily electronics-focused, it is a relevant broad incumbent peer for a PE-backed supplier serving defense primes with mission-critical content.
- TransDigm Group: TransDigm is a large aerospace components conglomerate with proprietary sole-source parts and subsystems across virtually all major commercial and military aerospace platforms. It is a broad incumbent peer reflecting the destination scale of a successful aerospace parts business but operates with a very different portfolio breadth and capital structure than Midstate.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Midstate Machine social profiles
Digital presenceMidstate Machine compliance and trust
Trust signalCompliance4 records
Midstate Machine financial estimates
Financial estimateRevenue estimate
Valuation estimate
Midstate Machine leadership team
Management profileNumber of profiles
Profiles6 records
Midstate Machine subsidiaries and ownership
Company hierarchySubsidiaries1 record
Midstate Machine funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Midstate 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 Midstate Machine
What does Midstate Machine do?
Midstate Machine (Division of Precision Holdings LLC) is a precision machining and fabrication manufacturer that provides turnkey solutions for complex, mission-critical parts through a full suite of engineering, machining, fabrication, assembly, finishing, and test services. The company operates more than 41 multi-axis CNC machining centers capable of producing parts from 1 inch to 140 inches and up to 30 tons in specialty materials such as magnesium, titanium, aluminum, and Inconel. It serves the military and commercial aerospace, defense, power generation, and oil & gas industries through direct relationships with major OEM customers including Lockheed Martin, GE Aviation, and Honeywell.
Is Midstate Machine a public or private company?
Midstate Machine is a private company. It is classified as private equity controlled and is currently operating.
When was Midstate Machine founded?
Midstate Machine was founded in -1. It employs 251 to 500 people.
Where is Midstate Machine based?
Midstate Machine is headquartered in Cincinnati, United States, in the North America region.
How does Midstate Machine make money?
Three revenue lines are on record. Precision Manufacturing Services are the primary driver. The others are production Programs and additive Manufacturing Services.
Who are Midstate Machine's main competitors?
Direct peers on record are Ducommun Incorporated, Loar Holdings Inc., Barnes Group Inc., CPI Aerostructures, Triumph Group, Kaman Corporation and Moog Inc.. Broad incumbents are Howmet Aerospace, Mercury Systems and TransDigm Group.
Does Midstate Machine have an API?
No public API is recorded for Midstate Machine.
What industry is Midstate Machine in?
Midstate Machine's product category is Aerospace Precision Machining and Manufacturing. Its primary akta.pro industry code is IMAHADAA, CNC Machine Tools (Turning, Milling, Machining Centers), with a secondary code of IMAHADAF, EDM & Electrochemical Machining (Wire/Sinker EDM, ECM). Its NAICS code is 332710 and its SIC code is 3569.