What Midwest Precision does

Midwest Precision is a privately held precision CNC machining and assembly contract manufacturer headquartered at 34700 Lakeland Blvd. in Eastlake, Ohio. Founded in 1953 as Midwest Screw Products and operating under its current name since 2010 following a management-led buyout led by current President Wayne Foley, the company runs a roughly 40,000 sq ft climate-controlled production facility employing 100–125 people in single-shift plus partial second-shift operations. Approximately 75% of revenue is concentrated in defense and aerospace end markets, with the remainder in energy, fluid power, and precision industrial OEM applications.

The company's core capability is close-tolerance CNC machining — tolerances to .0003 inches — of complex components from difficult-to-machine materials including 15-5PH, 13-8MO, and 17-4PH stainless steels, 316 stainless, titanium, Inconel, Monel, Hastalloy, aluminum (2024, 2011, 6061, 7075), brass, and specialty plastics. The technology stack spans 18 CNC lathes (bar capacity to 4 inches), 14 CNC milling centers (7 vertical, 7 horizontal), 4-axis Sodick wire EDM and Belmont EDM hole drilling, Chevalier surface grinding, Sunnen honing, and Moore Jig Bore work, plus a climate-controlled QA lab with programmable Wenzel CMMs, Renishaw probing, and SPC data analysis. Makino, DMG Mori, and Mazak robotic cells enable unattended lights-out manufacturing. The company is certified to AS9100D with ISO 9001:2015, is ITAR-registered, DFARS-compliant, and NIST 800-171-compliant, and offers turnkey assembly, engineering, fixture design, and full raw-material-to-finished-product traceability.

Revenue is generated through custom-quotation B2B contracts with enterprise OEM customers — including Lockheed Martin, Northrop Grumman, Leonardo DRS, Elbit Systems, Harris, Rafael, Honeywell, Parker Hannifin, Siemens, and Swagelok — supporting prototype through 10,000+ piece volumes under long-term agreements, Kanban/consignment, and JIT delivery. Each customer is assigned a dedicated program manager. In 2019, Midwest Precision was acquired by Tribus Aerospace Corp., a Shorehill Capital-backed platform, becoming part of a multi-entity aerospace/defense manufacturing group that also includes Precision Aerospace Corp., Precision Micro Mill, Advanced Machining & Tooling, and the Comptrol tension/linear-motion division. Over the eight years preceding the 2019 acquisition, revenue tripled at ~13% CAGR, headcount more than doubled, and production capacity doubled through continuous capital investment.

Name

Midwest Precision

Legal name

Midwest Precision

Website

https://midwestllc.com

Company type

Private

Founded year

1953

Operating status

Operating

Headcount range

51–100 employees

Short description

Founded in 1953 and based in Eastlake, Ohio, Midwest Precision is an AS9100D-certified contract CNC machining and assembly manufacturer producing close-tolerance components from exotic alloys for aerospace, defense, energy, fluid power, and precision industrial OEMs. The company is a subsidiary of Tribus Aerospace.

Ownership category

akta.pro rank

Product category

Precision CNC Machining Services

NAICS

Machine Shops (33271), Turned Product and Screw, Nut, and Bolt Manufacturing (33272)

SIC

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

akta.pro primary industry

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

akta.pro secondary industries

Precision Metrology, Inspection & Quality (CMM, GD&T) (EDAOAGAD), Grinding, Honing & Superfinishing Equipment (IMAHADAE), Motion & Machine Control (CNC, Robotics Controllers, Servo/Motion Controllers) (IMAGABAG)

Keywords

• Precision CNC machining
• Aerospace contract manufacturing
• Defense component manufacturing
• CNC turning services
• Precision metal fabrication

Headquarters

HQ city

Eastlake

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

Revenue model

1. Contract CNC Machining & Assembly Services: Midwest Precision operates as a contract precision CNC machining and assembly manufacturer. Revenue is generated through custom part manufacturing for customers in aerospace, defense, energy, fluid power, and precision industrial markets. Work volumes range from prototype quantities to 10,000+ piece lots, with customers operating under long-term agreements (LTAs), Kanban/consignment programs, and project-based orders.
2. Program Management & Inventory Services: Midwest Precision provides program management and inventory management services including Kanban and consignment arrangements. Revenue includes value-added services such as turnkey assembly, testing, and JIT delivery of components and sub-assemblies.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Midwest Precision is a contract manufacturer specializing in close tolerance CNC machining of complex components from difficult-to-machine materials including stainless steels, nickel alloys, titanium, aluminum, and specialty plastics. The company serves aerospace, defense, energy, fluid power, and precision industrial OEM customers, providing precision turning, milling, EDM, grinding, assembly, and quality assurance services at tolerances to .0003 inches.

Product overview

Midwest Precision is a precision CNC machining and assembly contract manufacturing company offering a comprehensive portfolio of services for aerospace, defense, energy, fluid power, and precision industrial markets. The core offering centers on close tolerance CNC machining of complex components from difficult-to-machine materials including stainless steels, nickel alloys, titanium, and aluminum. Services include Precision CNC Turning (18 lathes with bar capacity to 4 inches), Precision CNC Milling (7 vertical and 7 horizontal machining centers), CNC EDM, Surface Grinding and Honing, Assembly & Kitting Services, Engineering Services, Quality Assurance with full traceability, and Continuous Improvement Programs. The company also offers Program Management & Inventory Control with JIT-Kanban capabilities. The Comptrol Division (sub-brand) provides tension measurement solutions and linear motion products. As a Small Business, Midwest Precision qualifies for complex projects in demanding markets while maintaining AS9100D with ISO 9001:2015 certification.

Differentiator

Problem solved

Functional benefit

Products and services

• Precision CNC Turning Precision CNC turning services using 18 CNC lathes with bar capacity from 1/4 inch to 4 inches and chucking capacity to 14 inches, achieving tolerances to .0004 inches with live tooling and automation capabilities for aerospace, defense, and industrial customers.
• Precision CNC Milling Precision CNC milling using 7 vertical machining centers with table sizes from 16x34 to 25x90 inches (including 4-axis) and 7 horizontal machining centers with 4-axis capability and 35x35x40 inch capacity.
• CNC EDM Services 4-axis EDM machining services to 12x8x8 inch capacity, including wire EDM and hole drilling capabilities using Sodick wire EDM with .0005 inch tolerance and Belmont EDM hole drillers.
• Surface Grinding and Honing Precision surface grinding and honing services using Chevalier surface grinders (.0003 tolerance), wet surface grinder, Sunnen hones (.0003 inch), and Moore Jig Bore for ultra-tight tolerances on machined components.
• Complex Shapes Machining Machining of highly complex shapes with tight tolerances from difficult-to-machine materials including stainless steel (15-5PH, 13-8MO, 17-4PH, 316, Duplex), titanium, nickel alloys (Hastalloy, Inconel, Monel), aluminum, and plastics.
• Assembly & Kitting Services Specialized close tolerance assembly work including mechanical and electro-mechanical component assembly, hand and semi-automatic assembly, helicoil insertion, specialized elastomer and adhesive processes, and laser part marking.
• Quality Assurance Services Climate-controlled QA lab with programmable Wenzel CMMs with Renishaw heads, Surfcom 480A surface analyzer, TESA height stand, SPC data analysis, optical comparators, and full traceability from raw material to finished products.
• Engineering Services In-house engineering including fixture design, CNC programming, CMM programming, and layouts. Fixture department produces work holding fixtures from solid model designs.
• Program Management & Inventory Control Dedicated program managers for each customer, long-term agreements, Kanban and consignment inventory management programs, and JIT delivery capabilities for precision machined components and assemblies.
• Continuous Improvement Programs Lean manufacturing implementation including 6S program, visual management, shop floor information technology, paperless labor reporting via barcoded job routers, and electronic scheduling displays.

Quantifiable outcome

• 100% overall quality rating achieved with one major customer across over 25,000 parts shipped in 12 months
• +5 more outcomes

Named customers16 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Precision Aerospace Corp.minorOthers · 1 January 2019An operating subsidiary of Tribus Aerospace alongside Midwest Precision. Precision Aerospace Corp. produces aerospace, defense, and industrial components and assemblies.
• Precision Micro Mill CorporationminorOthers · 1 January 2019An operating subsidiary of Tribus Aerospace alongside Midwest Precision.
• Advanced Machining & Tooling (AMT)minorOthers · 1 January 2019An operating subsidiary of Tribus Aerospace alongside Midwest Precision.
• KyntronicsminorOthersKyntronics is an actuation systems company and sister company to Midwest Precision, formerly co-located in Eastlake, Ohio. Kyntronics moved to Solon, Ohio in fall 2018 to give Midwest Precision more room to grow at the 34700 Lakeland Blvd. facility.
• ComptrolminorOthersComptrol is a sister company to Midwest Precision and is located at comptrolinc.com. The Comptrol division of Midwest Precision is a leading manufacturer of tension measurement solutions, linear motion products, and connecting rod weight verification products.
• Kyntrol Holdings Inc.coreOthersKyntrol Holdings Inc. and its subsidiaries Kyntrol LLC and Midwest Precision LLC were formed by former managers of International Motion Control, a global leader in industrial and aerospace motion control components and systems. Kyntrol Holdings is the parent holding company that includes Midwest Precision. Wayne Foley is President of Kyntrol Holdings.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Emerging players

• Precision Metal Industries: Mid-sized contract machine shop with aerospace and defense machining work. Comparable to Midwest Precision on capability (multi-axis CNC, difficult materials) and on serving defense primes with tight-tolerance components.
• K2 Mold Limited / K2 Engineering: Precision machining shop with aerospace/defense exposure. Comparable as a tight-tolerance CNC contract manufacturer pursuing the same difficult materials and AS9100/ITAR-type customer requirements as Midwest Precision.

Broad incumbents

• Protolabs: Large publicly traded digital contract manufacturer offering CNC machining, injection molding, and 3D printing. Comparable as a contract precision machining provider serving aerospace/industrial customers, but operates at much greater scale and breadth than Midwest Precision.

Direct peers

• Advanced Machining & Tooling (AMT): Sister company under Tribus Aerospace, providing contract machining services overlapping with Midwest Precision's precision CNC machining, EDM, and assembly capabilities for aerospace/defense/industrial customers.
• Kyntronics: Formerly co-located sister company producing actuation systems for aerospace and industrial markets. Comparable as a Tribus/Kyntrol Holdings operating company with shared heritage and similar customer base in precision motion and control components.
• Hilmot Corporation: Precision CNC machining and motion control company serving industrial, aerospace, and medical markets with tight-tolerance components. Direct comparable given shared precision machining focus and diversified industrial customer base.
• Stellex Precision: Precision aerospace machining provider with multi-axis CNC capabilities serving defense primes. Comparable to Midwest Precision on capability profile (multi-axis CNC, EDM, grinding) and customer overlap.
• Precision Micro Mill Corporation: Tribus Aerospace sister company focused on precision micro-machining. Comparable in that it serves similar aerospace and defense customers with tight-tolerance machined components, and shares the same PE-backed platform.
• Comptrol: Sister company under Midwest Precision's parent, manufacturing tension measurement and linear motion products. Directly comparable as a Tribus/Kyntrol Holdings portfolio operating company and as a precision-engineered component supplier.
• Precision Aerospace Corp. Operating subsidiary of Tribus Aerospace alongside Midwest Precision. Produces aerospace, defense, and industrial components and assemblies for the same end markets, sharing the same parent platform and go-to-market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/midwest-precision-llc

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

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 Midwest Precision