Summit Machine Tool
Summit Machine Tool is an Oklahoma City-based manufacturer and distributor of manual and CNC machine tools — including lathes, boring mills, knee and bed mills, and radial drills — selling to industrial manufacturers, machine shops, and hobbyists through direct sales and an e-commerce catalog.
- Company typePrivate
- Founded1960
- HeadquartersOklahoma City, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Summit Machine Tool does
Summit Machine Tool is a privately-held Oklahoma City-based manufacturer and distributor of precision metalworking machine tools, operating continuously for approximately 65 years. The company designs and sources a comprehensive product portfolio spanning manual lathes (14" to 30" swing), big lathes (up to 100" swing including hollow spindle oil country models), CNC lathes and mills under the SmartCut sub-brand, vertical and horizontal boring mills, knee mills, bed mills, and radial drills. A notable strategic element is the European-built, USA-designed heavy-duty lathe sub-brand with CE certification, which combines offshore manufacturing with US engineering and Oklahoma City-based distribution.
The business operates on a hybrid direct-sales and e-commerce model. Primary revenue comes from one-time hardware sales of new, demo, and used equipment, priced through a quote-based system with financing options and select used/demo prices published online. A secondary revenue stream is parts and service — including replacement parts, accessories, installation, calibration, repair, and machine rebuilding — supported by a million-dollar parts inventory. The go-to-market is sales-led, delivered via a toll-free phone line, direct sales email, website quote forms, and consultative technical selling.
Summit serves a diversified vertical customer base ranging from global industrial OEMs to small local machine shops, with named customers spanning marine, corrugated box manufacturing, oil and gas, custom manufacturing, motorcycle manufacturing, and Texas-based job shops. Additional segments include educational institutions, professional gunsmiths, and hobbyists. Marketing is conducted through a content-led digital motion including a product catalog website, technical blog, YouTube demonstration videos, email newsletter, downloadable catalogs, and Facebook/Twitter social presence. The company operates as Summit Machine Tool LLC, appears to be independently or family-owned with no parent company or institutional investors disclosed, and employs between 11 and 50 people.
Summit Machine Tool firmographics
Firmographics- Name
- Summit Machine Tool
- Legal name
- Summit Machine Tool LLC
- Website
- https://summitmt.com
- Company type
- Private
- Founded year
- 1960
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Summit Machine Tool is an Oklahoma City-based manufacturer and distributor of manual and CNC machine tools — including lathes, boring mills, knee and bed mills, and radial drills — selling to industrial manufacturers, machine shops, and hobbyists through direct sales and an e-commerce catalog.
- Ownership category
- akta.pro rank
Summit Machine Tool industry classification
Industry- Product category
- Industrial Machine Tools
- NAICS
- Machine Tool Manufacturing (333517), Metalworking Machinery Manufacturing (3335), Metalworking Machinery Manufacturing (33351)
- SIC
- Machine Tools, Metal Cutting Types (3541), Metalworkg Machinery & Equipment (3540)
- akta.pro primary industry
- CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)
Keywords
Where Summit Machine Tool is headquartered
LocationHeadquarters
- HQ city
- Oklahoma City
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Summit Machine Tool business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D, Others
Revenue model
- Machine Tool Sales: One-time hardware sales of metal lathes, CNC lathes, milling machines, boring mills, and radial drills. Includes new equipment, demo units, and used machines at various price points.
- Parts & Service: Replacement parts, machine tool accessories, repair services, installation, calibration, and rebuilding/reconditioning services for Summit equipment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Demo Equipment |
| Unit Pricing | Multi-year contract | New Equipment |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Summit Machine Tool product offering
Product offeringCore offering
Summit Machine Tool manufactures, distributes, and services a comprehensive line of precision metalworking machine tools, including manual and CNC lathes (14" to 100" swing capacity), vertical and horizontal boring mills, vertical knee mills, bed mills, universal horizontal milling machines, and radial drills. The company complements its equipment line with a million-dollar replacement parts inventory and full-service capabilities covering machine tool repair, installation, calibration, and rebuilding/reconditioning. Customers range from global OEMs to small local machine repair shops and hobbyists.
Product overview
Summit Machine Tool is a manufacturer and supplier of precision metalworking machine tools based in Oklahoma City, Oklahoma. The company offers a comprehensive portfolio of manual and CNC-controlled machine tools organized into distinct product categories: Manual Lathes (ranging from 14" to 30" swing), Big Lathes (26" to 100" swings including hollow spindle oil country models), CNC Lathes under the Smartcut brand, Vertical Boring Mills (manual and CNC), Vertical Knee Mills (VS and EVS series including CNC variants), CNC Bed Mills, Vertical Bed Mills (#3, #5, #8 sizes), Horizontal Boring Mills (HB and HTM series), Universal Horizontal Milling Machines, and Radial Drills (RD2808, RD4312, RD6315). The company also sells a European-built lathe sub-brand with CE certification. Beyond new equipment, Summit offers used and demo machines along with comprehensive parts, service, installation, calibration, and machine rebuilding services. Summit positions itself as serving a wide customer base from global OEMs to local machine shops, with over 65 years of industry experience.
Differentiator
Problem solved
Functional benefit
Brands
- Summit: Primary brand for machine tools including lathes, mills, and drills
- SmartCut
- Summit Radial Drills
Products and services
- Manual Lathes Traditional hand-operated metal lathes requiring manual control by the operator for turning, facing, threading, and other machining operations. Range from compact 14-inch models to 30-inch swing lathes, designed for machine shops, tool rooms, and industrial users.
- Big Lathes Large-capacity engine lathes designed for industrial-scale metalworking with swings ranging from 26 inches to 100 inches and center distances up to 600 inches. Includes big hole, hollow spindle, and geared head models used in oil and gas, heavy industrial, and large-workpiece machining.
- CNC Lathes (SmartCut Series) Computer Numerical Control lathes featuring automated programmable operation for precision part production. Includes Smartcut Flatbed CNC Lathes and Smartcut Big Hole CNC Lathes with CNC controllers, targeting production machining operations requiring repeatability.
- Hybrid/Manual & CNC Vertical Boring Mills Vertical boring mills and turning machines that combine vertical orientation with rotating workpieces for large-diameter machining operations. Available in both manual and CNC-controlled configurations for industrial-scale boring work.
- Vertical Knee Mills Versatile milling machines with vertically-oriented spindles including VS Series, EVS Series, and Smartcut EVS CNC models. Feature turret-style tool heads for various milling operations in job shops and tool rooms.
- CNC Bed Mills CNC-controlled vertical bed mills including EVS Series SC 760B CNC Vertical Bed Mills featuring rigid bed construction for precision milling operations on larger workpieces.
- Vertical Bed Mills Heavy-duty vertical bed mills in #3, #5, and #8 sizes plus EVS Series 760B models. Feature rigid bed construction for accurate milling of large workpieces in machine shop environments.
- Horizontal Boring Mills Horizontal spindle boring mills including HB Series, Heavy Duty HTM Series, HBMC-4 CNC, and HBM 110-20T & 30-T models for precision boring and drilling operations on large workpieces.
- Universal Horizontal Milling Machines Horizontal spindle milling machines capable of performing various milling operations with horizontal tool orientation for heavy industrial applications.
- Radial Drills Heavy-duty radial drilling machines including RD2808, RD4312, and RD6315 models with box-form arms, hydraulic clamping, and varying drilling capacities from 1.5 to 2.25 inches for large-workpiece drilling.
- European-Built Lathes Heavyweight European-manufactured, USA-designed lathes with CE certification, featuring wide bed widths and high horsepower for heavy chip loads. Includes models from 16 to 52 inch swings with various spindle bore sizes targeting heavy industrial users.
- Used & Demo Equipment Pre-owned and demonstration machine tools including metal lathes, CNC lathes, CNC mills, and horizontal boring mills available at reduced prices with some units publicly listed (e.g., Summit 18-3x8040A demo lathe at $47,500; used Summit 16-3x60 lathe at $40,000).
- Parts & Service Machine tool supplies, replacement parts, and accessories with million-dollar inventory, plus services including machine tool repair, installation, calibration, and rebuilding/reconditioning for Summit equipment and the broader installed base.
Companies that use Summit Machine Tool
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles5 records
Summit Machine Tool technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Summit Machine Tool partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights4 records
Summit Machine Tool competitors and assessment
Company assessmentDirect peers
- Haas Automation: Haas Automation is the largest US-based manufacturer of CNC machine tools, producing CNC mills, lathes, and turning centers. It competes directly with Summit in the small-to-mid-size CNC lathe and mill category, especially for job shops and smaller manufacturers.
- Hurco Companies: Hurco manufactures CNC vertical machining centers, turning centers, and 5-axis machines, primarily serving small-to-medium job shops and contract manufacturers — a near-identical target customer to Summit's machine shop and industrial segments.
- Hardinge Inc. Hardinge is a global manufacturer of precision metalcutting machine tools including lathes, milling machines, and grinding machines under brands like Bridgeport and Kellenberger. Directly competes with Summit across manual lathes, vertical mills, and toolroom machinery.
- Tormach: Tormach is a US-based manufacturer of small-format CNC mills, lathes, and tooling aimed at small shops, educators, and advanced hobbyists. Comparable to Summit in CNC mill/lathe product overlap and in serving the hobbyist/education segment.
- Grizzly Industrial: Grizzly Industrial distributes metalworking machinery (lathes, mills, drills) and woodworking tools direct-to-consumer via catalog and website. Overlaps with Summit in the small-to-medium manual lathe and mill category for hobbyists and small shops.
- JET Tools (JPW Industries): JET Tools is a US-distributed brand of metalworking and woodworking machinery including metal lathes, milling machines, and drill presses. Competitor in the entry-to-mid-tier manual and benchtop machine tool segment.
Broad incumbents
- Mazak Corporation: Mazak is a global machine tool manufacturer offering CNC lathes, machining centers, and multi-tasking machines with a major US presence. Overlaps with Summit in CNC lathes and vertical machining centers but serves a broader enterprise aerospace/automotive footprint.
- DMG MORI: DMG MORI is one of the world's largest machine tool manufacturers, producing CNC lathes, milling machines, and advanced 5-axis machining centers. Competitor in CNC turning and milling, particularly at the higher end of the price/technology spectrum where Summit does not compete.
- Okuma America Corporation: Okuma manufactures CNC lathes, machining centers, and multi-axis machines widely used in aerospace, automotive, and general manufacturing. Direct overlap with Summit in CNC lathe category but Okuma operates at a higher automation/technology tier.
Regional players
- Hyundai Wia: Hyundai Wia is a South Korea-based global machine tool manufacturer producing CNC lathes and machining centers across automotive, aerospace, and industrial markets. Comparable to Summit's CNC lathe/big lathe portfolio, primarily competing in the US via Korean-built imports rather than direct domestic manufacturing.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Summit Machine Tool social profiles
Digital presenceSummit Machine Tool financial estimates
Financial estimateRevenue estimate
Valuation estimate
Summit Machine Tool leadership team
Management profileNumber of profiles
Profiles3 records
Summit Machine Tool funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Summit Machine Tool 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 Summit Machine Tool
What does Summit Machine Tool do?
Summit Machine Tool manufactures, distributes, and services a comprehensive line of precision metalworking machine tools, including manual and CNC lathes (14" to 100" swing capacity), vertical and horizontal boring mills, vertical knee mills, bed mills, universal horizontal milling machines, and radial drills. The company complements its equipment line with a million-dollar replacement parts inventory and full-service capabilities covering machine tool repair, installation, calibration, and rebuilding/reconditioning. Customers range from global OEMs to small local machine repair shops and hobbyists.
Is Summit Machine Tool a public or private company?
Summit Machine Tool is a private company. It is classified as family owned and is currently operating.
When was Summit Machine Tool founded?
Summit Machine Tool was founded in 1960. It employs 11 to 50 people.
Where is Summit Machine Tool based?
Summit Machine Tool is headquartered in Oklahoma City, United States, in the North America region.
How does Summit Machine Tool make money?
Two revenue lines are on record. Machine Tool Sales are the primary driver. The others are parts & Service.
Who are Summit Machine Tool's main competitors?
Direct peers on record are Haas Automation, Hurco Companies, Hardinge Inc., Tormach, Grizzly Industrial and JET Tools (JPW Industries). Broad incumbents are Mazak Corporation, DMG MORI and Okuma America Corporation. Hyundai Wia is listed as a regional player.
Does Summit Machine Tool have an API?
No public API is recorded for Summit Machine Tool.
What industry is Summit Machine Tool in?
Summit Machine Tool's product category is Industrial Machine Tools. Its primary akta.pro industry code is IMAHADAA, CNC Machine Tools (Turning, Milling, Machining Centers). Its NAICS code is 333517 and its SIC code is 3541.