Jewell Group

What Jewell Group does

Jewell Group is a family-owned, second-generation industrial manufacturer founded in 1977 and headquartered in Davenport, Iowa. The company operates two integrated business lines: (1) Industrial Cutting Tools — designing and manufacturing specialty cutting tools including carbide specials, indexable specials, hydraulic porting tools, solid carbide thread mills, and punches and knives, plus a tool reconditioning service for drills, reamers, end mills, inserts, taps, and blades with typical 2-3 week turnaround; and (2) Machine & Fabrication — precision CNC turning and milling (3, 4, and 5-axis) on materials ranging from forgings, castings, and tool steel to aluminum, plastics, and magnesium, supplemented by laser marking, welding, coating, plating, and assembly. Underlying technology centers on multi-axis CNC machining centers with Y-axis turning, live tooling, sub spindles, dual turrets, and Haimer dynamic balancing, supported by leading CAD/CAM tools (ProE, Solidworks, Autocad, GibbsCAM) and an internally designed, tablet-based web quality management system with mistake-proofing, tolerance color-coding, document revision control, and employee training verification. The company is ISO 9001:2015 certified and operates from an 80,000 square foot facility on 12 acres with room to quadruple footprint.

The business model is sales-led B2B with quote-based pricing, 48-hour quote turnaround, and standard lead times of 4-6 weeks for solid carbide tooling and 6-8 weeks for indexable and TCT products, with expediting available. Jewell Group reaches customers through a dual channel: direct enterprise sales in which engineers work with customers from part-print design through production, and a domestic distributor network the company is actively recruiting to expand. Revenue streams include one-time tooling sales, hardware machining services, and recurring tool reconditioning — the last providing an installed-base annuity tied to the cutting tools already shipped. The company targets 13 verticals, with aerospace, automotive, medical, defense, hydraulics, and power sports flagged as primary; food processing, agriculture, construction, forestry, firearms, mining, and marine are secondary. Approximately 120 employees are led by President/CEO Matt Jewell (since 1998), VP Blake Collins (since 1994), CFO Kari Jewell (since 2006), and General Manager Matt Livingston; all senior leaders have more than a decade of tenure, and the company remains privately held by the founding family with no external investors or parent company.

Name

Jewell Group

Legal name

Jewell Group

Website

https://jewellgroup.com

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

11–50 employees

Short description

Jewell Group is a family-owned, second-generation Davenport, Iowa manufacturer of specialty industrial cutting tools — carbide specials, indexable specials, hydraulic port tools, thread mills, and reconditioned tooling — paired with precision CNC turning and milling services for aerospace, automotive, medical, defense, hydraulics, and other industrial customers.

Ownership category

akta.pro rank

Product category

Industrial Cutting Tools and Precision Machining

NAICS

Cutting Tool and Machine Tool Accessory Manufacturing (333515), Turned Product and Screw, Nut, and Bolt Manufacturing (33272)

SIC

Machine Tools, Metal Cutting Types (3541), Screw Machine Products (3451)

akta.pro primary industry

Metal Cutting Tools, Tooling & Workholding (Cutters, Inserts, Chucks, Fixtures) (IMAHADAB)

Keywords

• Industrial cutting tools
• CNC machining services
• Custom tooling
• Tool reconditioning
• Precision manufacturing

Headquarters

HQ city

Davenport

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, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Industrial Cutting Tools: Manufactures and sells specialized cutting tools including carbide specials, indexable specials, hydraulic porting tools, thread mills, and punches & knives. Also offers custom tool design services based on customer part prints, tool prints or concept drawings.
2. Machining and Fabrication Services: Precision CNC machining services including CNC turning and milling for various industries. Works with materials including forgings, castings, steel, cast iron, aluminum, plastics, magnesium, and more.
3. Tool Reconditioning: Provides tool rebuilding, repair and reconditioning services for drills, reamers, end mills, port tools, inserts, taps, countersinks, spade drills, step drills, trepan tools, knives and blades. Turnaround of 2-3 weeks for most orders. Includes re-tipping, regrinding, body repair, and recoating services.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Jewell Group designs and manufactures custom industrial cutting tools — including carbide specials, indexable specials, hydraulic porting tools, solid carbide thread mills, and punches & knives — and provides precision CNC machining (turning and multi-axis milling) along with in-house tool reconditioning, regrinding, and recoating services. Offerings are engineered to customer part prints or concept drawings and serve manufacturers across aerospace, automotive, medical, defense, hydraulics, power sports, food processing, agriculture, construction, forestry, firearms, mining, and marine industries.

Product overview

Jewell Group is a family-owned manufacturing company offering two integrated product lines: Industrial Cutting Tools and Machine & Fabrication services. The cutting tools division produces Carbide Specials (solid carbide and brazed specials), Indexable Specials (custom indexable and cartridge-style tools), Hydraulic Porting Tools (indexable drill/port combination tools), Solid Carbide Thread Mills, Punches & Knives, and Tool Reconditioning services. The machine and fabrication division provides CNC Turning and CNC Milling services (3, 4, and 5-axis capabilities) along with value-added services including welding, coating, plating, and assembly. The company operates an ISO 9001:2015 registered quality management system and serves diverse industries including aerospace, automotive, defense, medical, and power sports.

Differentiator

Problem solved

Functional benefit

Products and services

• Carbide Specials Solid carbide and brazed special cutting tools — step drills, cavity tooling, specialty reaming, form milling, specialty grooving, and form inserts — manufactured to customer specifications for industrial production.
• Indexable Specials Custom indexable and cartridge-style cutting tools — form milling, boring, grooving, trepanning, slotting, cavity, and cartridge tools — made from high-grade tool steel with dynamic balancing capabilities.
• Hydraulic Porting Tools Indexable hydraulic port tools that drill from solid and port with a single tool, featuring four-sided coated carbide drilling inserts, one-piece coated carbide porting inserts, large shanks for improved rigidity, and coolant-through for chip evacuation.
• Solid Carbide Thread Mills Universal micro grain carbide thread mills available in metric or UN configurations, coolant-thru or solid, with an expedited regrind program for sharpening and recoating.
• Punches & Knives Industrial punches and knives designed, built, or reconditioned for food packaging, laminate furniture, aluminum coil, abrasives, paper manufacturing, and cardboard packaging industries.
• Tool Reconditioning Tool rebuilding and repair services for drills, reamers, end mills, port tools, inserts, taps, countersinks, spade drills, step drills, trepan tools, knives, and blades, including TCT, Cermet, CBN, and PCD tooling with 2-3 week turnaround.
• CNC Turning Precision CNC turning services with Y-axis, live tooling, sub spindles, dual turrets, part catchers, bar feeding, indexing chuck, and high-pressure coolant capabilities for forgings, castings, steel, cast iron, aluminum and plastics.
• CNC Milling CNC milling capabilities including 3-axis, 4-axis, and 5-axis milling in vertical and horizontal configurations with pallet changers, for forgings, castings, steel, magnesium, cast iron, tool steel, aluminum, and plastics.
• Other Fabrication Capabilities Additional value-added fabrication services including laser marking, assembly, coating, plating, painting, robotic welding, MIG welding, TIG welding, and blasting.

Quantifiable outcome

• Standard lead times of 4-6 weeks for solid carbide and 6-8 weeks for indexable and TCT tooling
• +3 more outcomes

Named customers4 records

Segments13 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

One partnership is on record.

• National Federation for Independent Business (NFIB)minorOthersMember of NFIB, an organization representing small and independent businesses. Provides access to resources and advocacy for independent business owners.

Scale indicators3 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• Maritool: US-based specialty cutting tool maker focused on custom carbide tooling. Similar in scale, customer mix, and custom-engineering-led sales motion.
• OSG USA: Manufacturer of taps, end mills, thread mills, and indexable cutting tools serving aerospace and automotive — direct overlap with Jewell's product portfolio and customer base.
• GWS Tool Group: Custom special cutting tool manufacturer serving aerospace, automotive, and medical with in-house grinding, reconditioning, and design support — closely aligned to Jewell's integrated tool and service model.
• Emuge-Franken: Manufacturer of taps, thread mills, and milling cutters with strong US operations. Comparable in thread mill and special tool offerings to Jewell.
• Harvey Tool: US-based manufacturer of specialty carbide cutting tools, end mills, and drills with a similar catalog-and-custom business model. Most directly comparable in size, US footprint, and special-tooling focus.
• Guhring: Global manufacturer of carbide and high-performance cutting tools including drills, taps, and thread mills with strong North American presence. Competes in the same tool categories as Jewell.
• Best Carbide Cutting Tools: US manufacturer of special carbide cutting tools, drills, and reamers offering design and reconditioning services — directly comparable in service mix and customer profile.

Broad incumbents

• Walter Tools: Global manufacturer of precision cutting tools including indexable, milling, drilling, and threading systems. Competes with Jewell in aerospace and automotive special tooling but offers a broad standard catalog alongside custom solutions.
• Kennametal: Large global metal-cutting and metalworking solutions provider. Overlaps with Jewell across indexable tooling, inserts, and tool reconditioning but serves a much broader customer base with a standard product portfolio.
• Sandvik Coromant: Global leader in metal cutting tooling and machining solutions. Direct competition for indexable, carbide, and threading tool sales to aerospace and automotive customers, but at much larger scale and standard-product focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCBHqHAvUHkPne2R_46U8lUw
• Facebookfacebook.com/jewellgroup
• LinkedInlinkedin.com/company/jewell-group

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Jewell Group