What Scotchman Industries does

Scotchman Industries, Inc. is a privately held, family-owned American manufacturer of metal fabrication equipment headquartered in Philip, South Dakota. Founded in 1967 and operating from a single manufacturing facility with approximately 80 employees, the company designs and produces hydraulic ironworkers across 13 models and 45-150 tons of capacity in three configurations (Component Tool Table, Fully Integrated, and Dual Operator), circular cold saws for ferrous and non-ferrous metals, horizontal band saws, ALMI-imported tube and pipe notchers/grinders, PressPro hydraulic presses (66-176 ton), horizontal benders, belt sanders and grinders, and material-handling conveyors. Supporting offerings include a five-tier measuring-system product family (manual Quick-Loc/Multi-Loc through Full-Auto Feed System), proprietary tooling and consumables, and an in-house captive financing arm, Scotchman Credit Corp (established 1996), which has financed 3,000+ machines across 2,000+ customers.

The company monetizes through unit hardware sales (ironworkers at price points into the low-hundreds-of-thousands of dollars, cold saw blades at $99-$340, lease-purchase financing starting around $286/month), recurring consumables revenue (saw blades that can be sharpened 30-40 times per blade life), and a blade-sharpening service at roughly $1.65-$4.95 per inch of blade diameter. Go-to-market relies on a 500+ distributor network supplemented by 16-17 mobile demonstration vehicles covering the lower 48 states, supported by trade-show presence at FABTECH USA/Mexico/Canada, SEMA, IMTS, and other industry events, plus a direct online store and dedicated school/government purchase programs.

Customer base spans metal fabrication shops (the primary segment), automotive manufacturers (e.g., Toyota Motor Mfg), technical and high school education programs (e.g., Ozarks Tech Community College), government and transit authorities (e.g., Spokane Transit Authority), military end-uses, farm/ranch operations, and shipbuilders. A wave of senior retirements in 2024 (co-founder Jerry Kroetch, CFO Karen Kroetch, VP of Operations Gerry Rislov, and National Sales Manager Mike Albrecht, succeeded by Bradly Kuchenbecker) coincided with the company's most aggressive product-launch cadence in its history, including eight new SKUs and a next-generation fully integrated ironworker platform introduced during 2025-2026.

Name

Scotchman Industries

Legal name

Scotchman Industries, Inc.

Website

https://scotchman.com

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

51–100 employees

Short description

Scotchman Industries is a privately held, family-owned American manufacturer founded in 1967 that designs and builds hydraulic ironworkers, cold saws, band saws, pipe notchers, hydraulic presses, and measuring systems for metal fabrication shops, automotive manufacturers, schools, and government buyers, distributed through 500+ dealers and supported by an in-house financing arm.

Ownership category

akta.pro rank

Product category

Metal Fabrication Machinery

NAICS

Metalworking Machinery Manufacturing (33351), Machine Tool Manufacturing (333517), Cutting Tool and Machine Tool Accessory Manufacturing (333515)

SIC

Metalworkg Machinery & Equipment (3540), Machine Tools, Metal Cutting Types (3541)

akta.pro primary industry

Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)

akta.pro secondary industries

Industrial Saws & Cutting Systems (Band/Circular Saws, Abrasive Cutting) (IMAHADAL), Metal Cutting Tools, Tooling & Workholding (Cutters, Inserts, Chucks, Fixtures) (IMAHADAB)

Keywords

• Hydraulic ironworkers
• Metal fabrication equipment
• Cold saws
• Industrial machinery manufacturing
• Metal cutting tools

Headquarters

HQ city

Philip

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Metal Fabrication Equipment Sales: Manufacture and sale of hydraulic ironworkers (13 models ranging from 45-150 tons), cold saws (ferrous and non-ferrous), band saws, pipe notchers, hydraulic presses, and related equipment
2. Tooling and Accessories: Sale of tooling for ironworkers, saw blades, abrasive belts, mandrels, and accessories including punches, dies, and custom tooling
3. Equipment Financing/Leasing: Scotchman Credit Corp (SCC) provides in-house financing with lease-purchase plans ranging from 1-5 years. Over 3,000 machines acquired through leasing plans.
4. Blade Sharpening Service: In-house blade sharpening service providing high-quality, uniform results with quick turnaround (typically 2 business days or less) for HSS and carbide blades

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Scotchman Industries designs and manufactures metal fabrication machinery, including hydraulic ironworkers (13 models ranging from 45-150 tons), circular cold saws, band saws, ALMI tube and pipe notchers, hydraulic presses, and complementary measuring systems, tooling, and accessories. The company also offers in-house financing through its Scotchman Credit Corp subsidiary, blade sharpening services, and mobile on-site product demonstrations. All machines are manufactured at the company's headquarters in Philip, South Dakota.

Product overview

Scotchman Industries is an American manufacturer of metal fabrication equipment headquartered in Philip, South Dakota. The company produces a comprehensive portfolio of machinery including hydraulic ironworkers (13 models, 45-150 tons in Component Tool, Fully Integrated, and Dual Operator styles), circular cold saws (ferrous and non-ferrous, manual to fully automatic), band saws (SU-280-G horizontal metal band saw), pipe notchers (imported ALMI tube and pipe grinders/notchers in manual, electric, and abrasive styles), hydraulic presses (66-176 ton PressPro series), belt grinders (SG3), belt sanders (DBS-3), horizontal benders (HB-31, HB-88), conveyors and tables, and the ShearMaster 610 plate shear. Supporting products include comprehensive tooling (punches, dies, blades, mandrels), measuring systems (manual to full-auto), and services including in-house financing through Scotchman Credit Corp., blade sharpening, and a fleet of mobile demonstration vehicles. The company also offers specialized school pricing programs with 10% discounts and lease-purchase financing.

Differentiator

Problem solved

Functional benefit

Products and services

• Ironworkers Hydraulic ironworkers for punching, shearing, notching, and bending metal. 13 models ranging from 45 to 150 tons, available in Component Tool Table Design, Fully Integrated, and Dual Operator styles. Made in the USA for metal fabrication shops and manufacturing operations.
• Cold Saws Circular cold saws for cutting metal, available in ferrous and non-ferrous models. Range from manual to fully automatic, pivot and upcut designs for metal fabrication and manufacturing shops.
• Band Saws Horizontal metal band saw (SU-280-G) imported from Spain. Can cut round material up to 8-inch diameter with miter capability up to 60 degrees right of 90 degrees for metal cutting applications.
• Pipe Notchers Tube and pipe notchers imported from ALMI, available in Manual, Electric, and Abrasive Grinder/Notcher styles for creating notches in pipe and tube for metal fabrication.
• Hydraulic Press PressPro hydraulic presses available in 66, 110, 110W MT, and 176-ton capacities for a wide range of metal forming applications in fabrication and manufacturing.
• Measuring Systems Precision measuring solutions including Manual (Quick-Loc, Multi-Loc), Digital Quick Stop, Semi-Auto Stop/Pusher System, Full-Auto Feed System, and Digital Caliper Table. Increases accuracy and productivity in cutting operations for fabrication shops.
• Belt Sanders (DBS-3) DBS-3 dual belt sander with two 3-inch x 48-inch independent sanding belts, dual-shaft 1.0 HP motor, adjustable stand, and 3-year warranty for metal finishing applications.
• Belt Grinders (SG3) SG3 industrial belt grinder with 3-inch wide belt, built-in dust collection system, 4.1hp motor, tool-free belt change, and adjustable working height for metal grinding applications.
• Horizontal Benders HB-31 and HB-88 horizontal benders for tube and pipe bending applications in metal fabrication.
• Conveyors & Tables Material handling systems including Open Conveyors, Covered Roller Conveyors, and Solid Conveyor Tables. IW Series supports up to 850 lbs per foot. Designed to integrate with RazorGage automation systems.
• ShearMaster 610 Heavy-duty 24-inch plate shear with large capacity for high-production shearing, works with programmable stop features.
• Punch & Die Tooling Cart Mobile cart for organizing and storing punch and die tooling for ironworker operators.
• Scotchman Credit Corp. (SCC) Financing In-house financing division offering lease-purchase plans from 1 to 5 years with competitive rates. Also offers special school financing programs with 10% discounts and a $1 end of lease buyout option.
• Blade Sharpening Service In-house blade sharpening service for cold saw blades. Services include re-sharpening, re-toothing, and full re-conditioning. Typically 2 business days turnaround with rates from $1.65 to $4.95 per inch diameter.
• On-Site Product Demonstrations Fleet of 16-17 mobile demonstration vehicles located throughout the lower 48 states, equipped with a range of ironworkers, cold saws, pipe notchers, and measuring systems for on-site customer demonstrations by factory representatives.

Quantifiable outcome

• Cold saw blades can endure 800-1,000 cuts before needing sharpening, and can be sharpened up to 30-40 times during blade life
• +5 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature6 records

Partnerships

Two partnerships are on record, tiered core and minor.

• ALMI (AL100 and AL150 Tube and Pipe Grinder/Notchers)coreOEM/ Whitelabel/ Licensing PartnerScotchman is the North American importer of ALMI Tube and Pipe Grinder/Notchers. These coping machines are available in three styles: manual, electric, and abrasive grinder notchers. ALMI products complement Scotchman's product line for tube and pipe notching applications.
• Workshops for WarriorsminorStrategic or Co-development PartnerScotchman supports Workshops for Warriors, a nonprofit organization that provides welding and machining training to veterans transitioning to civilian careers.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Others

• Grizzly Industrial: US-based distributor and manufacturer of woodworking and metalworking machinery. Comparable as a machinery supplier to small shops and hobbyists — Scotchman's secondary customer segment.

Broad incumbents

• DoALL Company: Long-established American manufacturer of saws (band saws, cold saws) and metalworking machinery. Overlaps with Scotchman's saw product line and serves similar industrial customers, but is a broader, larger heritage brand.
• Behringer Saws: European manufacturer of high-performance band saws and circular saws for metal cutting. Overlaps with Scotchman's cold saw and band saw lines but targets higher-end industrial customers globally.
• Knuth Machine Tools: German-based global supplier of metalworking machinery including saws, presses, ironworkers, and CNC equipment. Competes with Scotchman in metal fabrication machinery but at a broader international scale.

Direct peers

• Kalamazoo Industries: Manufactures abrasive cut-off saws, band saws, and metal cutting equipment. Comparable to Scotchman's saw product line, particularly in the ferrous metal cutting segment for industrial customers.
• Marvel Manufacturing: US manufacturer of vertical metal cutting band saws and abrasive cutoff saws. Directly comparable to Scotchman's cold saw and band saw product lines, serving industrial and fabrication customers.
• Baileigh Industrial: Specializes in metal fabrication equipment including ironworkers, band saws, tube/pipe notchers, and hydraulic presses. Highly comparable mid-sized US-based competitor targeting the same SMB fabrication market.
• Piranha / Mega Fab: Manufactures ironworkers, plate rolls, and press brakes for metal fabrication shops. Direct competitor in the ironworker category with overlapping product positioning and customer base.
• JET Tools (Walter Meier Group): Manufactures a broad line of metalworking machinery including ironworkers, band saws, and cold saws. Direct competitor across Scotchman's core product categories with overlapping customer base of small to mid-sized fabrication shops.

Emerging players

• RazorGage: Manufacturer of automated measuring and material handling systems for saws and ironworkers. Direct integration partner with Scotchman's Full Auto Feed System and measuring products, representing an adjacent automation player.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/scotchmanind
• Facebookfacebook.com/ScotchmanIndustries
• LinkedInlinkedin.com/company/scotchman-industries-inc-
• Instagraminstagram.com/scotchmanind

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Scotchman Industries