What Precision Machining Group does

Precision Machining Group is a precision metal manufacturing company specializing in CNC machining and closed die aluminum forging for equipment manufacturers serving aerospace, specialty automotive, motorsports, fluid power, energy, heavy equipment/construction/agriculture, and data center industries. The company operates multiple manufacturing facilities across Illinois — including a Union machining facility, a Schaumburg machining center housing a MAKINO A81 630MM machining center, a Freeport closed die forging facility, and a Northfield division — supported by 130+ CNC machines and 7 cellular forging lines. Its technical core combines closed die aluminum forging with precision CNC machining under one roof, delivering tolerances held to 15µ for true position/cylindricity/parallelism, key dimensions at 1.67 Ppk statistical process capability, and semi-conductor-grade tolerances of 0.06mm true position with 0.035mm sealing surface flatness and three-step deburring including thermal deburring.

Name

Precision Machining Group

Legal name

Anchor Harvey

Website

https://pmgcorp.com

Company type

Private

Founded year

1920

Operating status

Operating

Headcount range

101–250 employees

Short description

Precision Machining Group is a precision metal manufacturer combining closed die aluminum forging and CNC machining under one roof, serving aerospace, specialty automotive, motorsports, fluid power, energy, heavy equipment, and data center OEMs from four Illinois facilities with 130+ CNC machines and 7 forging lines.

Ownership category

akta.pro rank

Product category

Precision Metal Manufacturing

NAICS

Forging and Stamping (3321), Other Fabricated Metal Product Manufacturing (3329)

SIC

Metal Forgings & Stampings (3460), Miscellaneous Fabricated Metal Products (3490)

akta.pro primary industry

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

akta.pro secondary industry

Metal Airframe Structures & Machined Parts (IMABAEAC)

Keywords

• Precision machining services
• CNC machining
• Closed die forging
• Metal component manufacturing
• Aerospace components

Headquarters

HQ city

Schaumburg

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Precision Component Manufacturing: Custom precision metal components (forgings and CNC machined parts) sold directly to aerospace, automotive, motorsports, fluid power, energy, and heavy equipment manufacturers. Revenue generated through one-time component manufacturing contracts and ongoing supply relationships with average customer relationships exceeding 10 years.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Precision Machining Group manufactures custom precision-forged and CNC-machined metal components for aerospace, specialty automotive, motorsports, fluid power, energy, and heavy equipment OEMs. Production combines closed die aluminum forging (7 cellular forging lines) and CNC machining (130+ CNC machines) under one roof, with in-house assembly, heat treatment, painting, and surface finishing. Components are produced to tight tolerances (15µ true position; 1.67 Ppk) with statistical quality control and burr-free precision including thermal deburring.

Product overview

Precision Machining Group is now part of Anchor Harvey, an end-to-end precision metal manufacturing company offering a unified portfolio of forging, CNC machining, supply chain, and integrated manufacturing solutions. The consolidated entity includes multiple acquired brands (D&N Machining, New Dimensions Precision Machining, Northfield Industries) operating under the Anchor Harvey umbrella. Core offerings include: Forging (with over 100 years of experience, 7 cellular forging lines), CNC Machining (130+ CNC machines), and Supply Chain services supporting industries including Aerospace, Specialty Automotive, Motorsports, Heavy Equipment/Construction/Agriculture, Fluid Power, Energy, and Data Centers.

Differentiator

Problem solved

Functional benefit

Products and services

• Forging Precision forging services producing closed die aluminum and other forged components for aerospace, automotive, motorsports, fluid power, energy, and heavy equipment manufacturers. Service includes forging process engineering, quality control, and supply of forged components to OEM specifications.
• CNC Machining CNC machining services producing precision components to tight tolerances (15µ true position, 1.67 Ppk) for aerospace, specialty automotive, motorsports, fluid power, energy, and heavy equipment OEMs. Includes precision machining, quality inspection, and burr-free finishing.
• End-to-End Manufacturing Solution Integrated end-to-end manufacturing solution that combines forging, CNC machining, assembly, supply chain management, heat treatment, painting, and surface finishing as a single-source offering for OEMs across aerospace, automotive, motorsports, fluid power, energy, heavy equipment, and data centers.
• Supply Chain Services Supply chain solutions providing North American and global material sourcing with in-house management of procurement, logistics, and quality for efficient, flexible, and consistent component production.

Quantifiable outcome

• True position, cylindricity, and parallelism held to 15µ for exceptional accuracy
• +2 more outcomes

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• D&N MachiningcoreOthersPrecision Machining Group subsidiary specializing in precision machining capabilities. Now integrated into Anchor Harvey's end-to-end manufacturing solution.
• New Dimensions Precision MachiningcoreOthersPrecision machining company acquired and integrated into Anchor Harvey's manufacturing operations.
• Northfield IndustriescoreOthersManufacturing company now part of Anchor Harvey, integrated into the company's end-to-end manufacturing solution.
• Precision Machining GroupcoreOthersParent company brand now consolidated under Anchor Harvey, with all subsidiaries (D&N Machining, New Dimensions, Northfield Industries) integrated into single manufacturing platform.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Weber Metals: A subsidiary of Howmet Aerospace, Weber Metals is a precision aluminum forging manufacturer serving aerospace, defense, and industrial customers. It is one of the closest comparables to Anchor Harvey's closed die aluminum forging capability and aerospace customer focus.
• Scot Forge: Privately held, Spring Grove, IL-based open and closed die forging company serving aerospace, defense, power generation, and industrial markets. Operates integrated forging and machining capabilities closely aligned with Anchor Harvey's vertical integration model.
• Ellwood Group: Family-owned integrated forging and machining group serving aerospace, defense, energy, and heavy industrial markets. Multi-vertical exposure and end-to-end forging-to-finished-part capability make it a strong comparable for Anchor Harvey.
• Proto Labs: Public custom CNC machining and rapid prototyping provider serving low-volume, complex parts across aerospace, automotive, and industrial. Comparable CNC machining service model though oriented toward prototype/lower-volume runs versus Anchor Harvey's production focus.

Broad incumbents

• Wyman-Gordon (Howmet Aerospace): Division of Howmet Aerospace producing large structural forgings for aerospace and defense. Significantly larger in scale than Anchor Harvey but competes for the same closed die titanium and aluminum aerospace forging work.
• Firth Rixson (Howmet Aerospace): Howmet Aerospace division specializing in seamless rolled rings and open-die forgings for aerospace engines and industrial gas turbines. A broad incumbent in aerospace forgings overlapping with Anchor Harvey's aerospace serving business.
• Tecomet: Charlesbank Capital Partners-owned precision manufacturer of components for medical, aerospace, and defense markets. Comparable end-to-end precision manufacturing model with broader medical exposure than Anchor Harvey.

Emerging players

• Trigo Group: PE-backed precision manufacturing services platform serving aerospace, automotive, and industrial customers through acquired machining and metrology businesses. Comparable end markets and PE-backed roll-up model, though more recently assembled than Anchor Harvey.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/precision-machining-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

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 Precision Machining Group