Modig

What Modig does

Modig Machine Tool AB is a privately held, family-owned Swedish manufacturer of high-performance CNC machining centers, founded in 1947 in Virserum, Småland, and headquartered in Kalmar, Sweden, with a US subsidiary in Wichita, Kansas. The company designs and produces horizontal, vertical, and inverted machining centers (brands include MHM, Mill-Ex, HHV, RigiMill, MTX, and IM-8) with 3- to 6-axis configurations, targeting cycle time and cost-per-part reduction in aerospace, automotive/EV, heavy equipment, extrusion, and semiconductor applications. Its engineering differentiation rests on patented architectures — including the world's first inverted machining center (IM-8), a cast-iron monolithic portal RigiMill platform, and proprietary top-entry gantry automation — combined with 75+ years of in-house hand scraping precision assembly validated by laser tracking.

The business model is a premium, quote-based enterprise sale of turnkey machining cells, sold directly through Modig's Kalmar and Wichita offices and through an exclusive global distributor network spanning 14+ countries (North America, Western and Eastern Europe, Middle East, India, South Korea, Latin America). Revenue comes from machine and automation hardware sales, aftermarket care kits and spare parts, and professional services for installation, training, and acceptance testing. Modig is part of a Group formed in 2026 with IBARMIA and LiCON that collectively employs more than 500 people and over 100 engineers; third-generation family member David Modig serves as Chairman and President. No external investors or financial disclosures are referenced in the source material.

Name

Modig

Legal name

Modig Machine Tool

Website

https://modig.se

Company type

Private

Founded year

1947

Operating status

Operating

Headcount range

51–100 employees

Short description

Modig is a privately held Swedish manufacturer of premium CNC horizontal, vertical, and inverted machining centers serving aerospace, automotive/EV, heavy equipment, and extrusion customers worldwide through direct sales and an exclusive distributor network.

Ownership category

akta.pro rank

Product category

Industrial Machine Tools

NAICS

Machine Tool Manufacturing (333517)

SIC

Machine Tools, Metal Cutting Types (3541)

akta.pro primary industry

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

akta.pro secondary industries

Motion & Machine Control (CNC, Robotics Controllers, Servo/Motion Controllers) (IMAGABAG), Linear Motion & Mechanical Power Transmission (Ball/roller screws, linear guides, bearings, couplings) (IMAHAGAM)

Keywords

• CNC machining centers
• Machine tool manufacturing
• Aerospace machining solutions
• Automotive machining equipment
• Industrial automation systems

Headquarters

HQ city

Kalmar

HQ country

Sweden

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. CNC Machine Tool Sales: MODIG generates primary revenue from manufacturing and selling high-performance CNC machining centers including horizontal, vertical, and inverted configurations. Machines are sold as complete turnkey solutions with automation options.
2. Automation Systems: Sale of machine tool automation solutions including robotic loading systems, overhead loading systems, bar feeders, pallet systems, and complete automation concepts. Part of Modig Automation Systems within the Group.
3. Aftermarket Services and Parts: Preventive maintenance services, spare parts, and consumables including Modig Care Kits with wear parts (filters, spindle oil, pipes, hoses) for maintaining machine performance.
4. Professional Services: Technical support, training, installation, and configuration services for turnkey machining solutions. Includes acceptance testing of complete production cells at MODIG facilities.

Pricing tiers

Go-to-market motion3 records

Distribution channels2 records

Marketing channels7 records

Core offering

Modig Machine Tool designs, engineers, and manufactures high-performance CNC machining centers in horizontal, vertical, and inverted configurations (3-6 axis) for aerospace, automotive/e-mobility, extrusion, heavy equipment, and semiconductor industries. The company also provides turnkey automation solutions (robotic loading, pallet systems, bar feeders) through Modig Automation Systems, plus aftermarket services and preventive maintenance kits.

Product overview

Modig Machine Tool develops, engineers, and produces premium CNC machining solutions including Horizontal Machining Centers (MHM, Mill-Ex, HHV2, HHV3, HHV DUO, FMT-DUO, FlexiMill, U19), Vertical Machining Centers (RigiMill MG, RigiMill MT, MTX, HHV NG), and Inverted Machining Centers (IM-8). The portfolio includes turnkey solutions for aerospace, automotive/e-mobility, extrusion, heavy equipment, and semiconductor industries. Modig also provides complete automation solutions through Modig Automation Systems including robotic loading, pallet systems, and bar feeders. The company offers aftermarket care kits for preventive maintenance. Founded in 1947 and still family-owned, Modig provides solutions that achieve up to 50% faster machining times with reduced cost per part through innovative technology developed in-house by their R&D department.

Differentiator

Problem solved

Functional benefit

Brands

• Modig Automation Systems: Provides tailored automation solutions including robotic machine loading, overhead loading systems, bar feeders, pallet systems, and complete automation concepts integrated with machining solutions.
• RigiMill
• HHV (Horizontal High Velocity)
• MTX
• IM-8
• FlexiMill
• Mill-Ex

Products and services

• MHM Horizontal Machining Center Horizontal machining center designed for high-performance machining applications in industrial manufacturing.
• Mill-Ex Horizontal Machining Center Horizontal machining center for extrusion and bar machining with high-speed capabilities, designed for automotive parts production.
• HHV2 Horizontal Machining Center 4- or 5-axis single spindle horizontal machining center for extrusion or bar machining with two rotary tables.
• HHV3 Horizontal Machining Center 4- or 5-axis single spindle horizontal machining center for extrusion or bar machining with three rotary tables, featuring high-speed aluminum spindle up to 30,000 rpm.
• HHV DUO Horizontal Machining Center 4-axis twin spindle horizontal machining center with two or three rotary tables for high production bar or extrusion machining.
• FMT-DUO Horizontal Machining Center Twin-spindle horizontal machining center for high-volume production applications.
• FlexiMill 6-Axis Horizontal Machining Center 6-axis single spindle horizontal machining center with max part size 395 x 90 x 55 inches (10,000 x 2,200 x 1,400 mm) for large component machining.
• RigiMill MG Vertical Machining Center 3-4- or 5-axis single spindle vertical moving gantry machining center achieving chip removal rates up to 1,200 cubic inches (19.7 liters) per minute in aluminum and 55 cubic inches per minute in titanium. Features automatic pallet system up to 950 inches (24 m).
• RigiMill MT Vertical Machining Center 3-4- or 5-axis single spindle vertical moving table machining center with max part size 240 x 79 x 32 inches (6,000 x 2,000 x 820 mm). Compact design with automatic pallet system.
• MTX 5-Axis Universal Machining Center New generation 5-axis universal machining center for aerospace manufacturing. Features powerful electrospindles with torque-motor-driven A-axis or B-axis tilting heads. Accommodates components up to 118 inches diameter, 76.8 inches height, and 18,739 lbs weight.
• HHV NG Vertical Machining Center Next-generation vertical machining center for high-performance aerospace and industrial applications.
• IM-8 Inverted Machining Center World's first inverted machining center with spindle processing from below. Patented design delivering exceptional rigidity, optimal chip evacuation, compact footprint, and precision for high-performance manufacturing. Available with trunnion table options.
• U19 Horizontal 5-Axis Machining Center Horizontal 5-axis machining center with dual zones containing two rotary tables, right-sized for large mega-casted components. Equipped with single high-speed spindle for dry and wet cutting, optimized for rear body structures in electric vehicles.
• Machine Tool Automation Solutions Complete automation solutions including robotic machine loading, overhead loading systems, bar feeders, pallet systems, robotic tool loading, and complete automation concepts integrated with machining centers.
• Modig Automation Systems Tailored automation solutions including Top gantry robots for material handling, overhead loading systems, and complete production cells. Provides simplified integration, streamlined support and maintenance from a single provider.
• Modig Care Kit Preventive maintenance kit including wear parts and consumables for HHV machines: pneumatic filters, pipes and hoses for rotary tables, spindle filters, hydraulic filters, and spindle oil to ensure optimal machine performance.

Quantifiable outcome

• Up to 50% faster machining times with Lean, Green and Blue production
• +9 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature8 records

Partnerships

Five partnerships are on record, tiered supporting, core and historical.

• Seco ToolssupportingTechnology or Integration · 14 September 2026Featured at IMTS 2026 booth with MODIG, IBARMIA, and LiCON. Seco Tools is one of world's leading providers of cutting tools and metal-cutting solutions, providing optimized manufacturing performance through cutting tool technology partnership.
• IBARMIAcoreStrategic or Co-development Partner · 2 June 2026Joint exhibition and technology collaboration. MODIG, IBARMIA, and LiCON form a Group of over 500 employees and 100+ engineers showcasing complementary machining technologies. Together they present comprehensive machining portfolio at IMTS and AMB 2026 trade shows.
• LiCONcoreStrategic or Co-development Partner · 2 June 2026Joint exhibition and technology collaboration. MODIG, IBARMIA, and LiCON exhibit together at major trade shows presenting combined machining expertise and complementary technology portfolio for modern manufacturing.
• SKF (AB Svenska Kullagerfabriken)historicalTechnology or Integration · 1 January 1980Historical collaboration to develop high-speed machining solutions above 15,000 rpm with maintained precision. Developed larger ball bearings with ceramic balls instead of steel balls, less sensitive to friction, enabling MODIG's high-speed machining capabilities.
• KTH (Royal Institute of Technology)historicalTechnology or Integration · 1 January 1980Academic partnership for development of high-speed machining technology and bearing solutions. Collaboration part of MODIG's innovation journey in the 1980s.

Scale indicators9 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• IBARMIA: Spanish manufacturer of CNC machining centers (including 5-axis and multi-spindle configurations) that is part of the Modig-IBARMIA-LiCON Group. They jointly exhibit at IMTS and AMB and offer directly comparable horizontal/vertical milling products targeting aerospace and general machining customers.
• LiCON: Automation specialist that is part of the Modig-IBARMIA-LiCON Group, providing linear-loading and automation cells that complement Modig's machining centers. Comparable as a strategic complement in turnkey machining-and-automation solutions for high-performance manufacturers.
• Makino: Japanese manufacturer of horizontal and vertical machining centers, including dedicated aerospace machining platforms (Makino MAG-Series). Highly comparable to Modig's RigiMill and HHV lines in aerospace structural parts, with similar premium positioning and high-rigidity architectures.
• Grob-Werke: German machine tool specialist with strong aerospace and EV structural machining focus (G350/G500/G700 modular machining centers). Comparable to Modig in serving Tier-1 aerostructures suppliers with high-rigidity 5-axis horizontal platforms.
• Heller: German manufacturer of 4- and 5-axis CNC machining centers with strong aerospace and heavy-equipment focus (HF series). Direct comparison to Modig's RigiMill and FlexiMill platforms serving Tier-1 aerospace customers with high-rigidity horizontal machining.
• TOS Varnsdorf: Czech manufacturer of large horizontal boring and machining centers widely used in aerospace structural parts and heavy equipment. Comparable to Modig's large-format solutions (FlexiMill, MTX) for oversized component machining with tight tolerances.

Broad incumbents

• DMG Mori: Global leader in CNC machine tools offering horizontal, vertical, and 5-axis machining centers across aerospace, automotive, and general industrial customers. Competes with Modig in the premium aerospace machining segment but at much larger scale and broader product breadth.
• Mazak: Japanese CNC machine tool manufacturer with a broad portfolio of horizontal and vertical machining centers widely deployed in aerospace and automotive. Direct overlap with Modig in aerospace structural parts machining at a substantially larger global scale.
• Okuma: Japanese CNC machine tool manufacturer offering horizontal, vertical, and 5-axis machining centers. Competes with Modig in aerospace and automotive with a substantially larger installed base and broader product portfolio.
• Haas Automation: Largest US-based CNC machine tool manufacturer offering a broad range of vertical and horizontal machining centers. Competes in the same customer base as Modig but primarily at lower price points and volume, while Modig targets premium high-performance niches.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel
• Facebookfacebook.com/modigmachinetool
• LinkedInlinkedin.com/company/modig-machine-tool
• Xx.com/ModigMachine

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

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 Modig