Component Engineers

What Component Engineers does

Component Engineers Inc. (CEI) is a privately held precision metal-fabrication company founded in 1980 in New Britain, Connecticut by Ronald Hansen Sr. and Leonard Ceravone, Jr., and now operating from a 52,000+ square-foot facility at 108 North Plains Industrial Road in Wallingford, CT under sole ownership of Ron Hansen Jr. The company manufactures custom complex parts and sub-assemblies for OEM customers in regulated industries — aerospace and defense (AS9100D), medical devices (ISO 13485), alternative and traditional energy, firearms (ITAR), and automotive — through six in-house capabilities: engineering and product development, CNC milling and turning, precision stamping, Swiss machining, four-axis Wire EDM, and tube fabrication. The production base includes more than 35 power presses (ranging from 28 tons to 300 tons), a 600-ton coining press, ten four-axis Wire EDM machines capable of ±0.0001-inch repeatability, and seven Tsugami CNC Swiss-type automatic lathes running 24x7x365, supporting tolerances from 0.0005- to 0.5-inch thickness and parts from 0.0625-inch to 7.0-inch diameter.

The business model is project-based and quote-driven. Pricing is custom per RFQ with no public standard tiers, and customers specify job type (prototype, production, or both), quantities, frequency, and lead time. CEI applies an Early Supplier Involvement (ESI) process in which engineering, department managers, quality control, sourcing, shipping, and sales engage with the customer's project engineers from the first meeting to optimize cost and timeline, supporting programs that other shops reject. Distribution is exclusively direct B2B sales with no resellers or marketplace channels, and operations are governed by Lean, Kanban, Six Sigma, in-process SPC, and Statistical Analysis Software.

The organization employs 90 people across shift operations, with day-to-day management led by President & COO Rick Griffin (38 years in manufacturing) and a full functional layer covering tool room, machining, quality, manufacturing operations, sales, business systems, HR, and finance. CEI runs an "Ask an Engineer" consultation channel and a Request-for-Quote system as its primary commercial funnels, and it publicizes outcome-driven case studies (e.g., a re-designed lateral bearing retainer that grew from 8 million to 35 million units per year at zero defects for an automotive seat-track customer; an EMI shield sub-assembly for a medical customer; a new abrasive disk for a global dental supply chain).

Name

Component Engineers

Legal name

Component Engineers Inc.

Website

https://ceiprecision.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Short description

Component Engineers Inc. (CEI) is a privately held Connecticut precision manufacturer founded in 1980, producing custom complex metal parts and sub-assemblies for OEM customers in aerospace and defense, medical, energy, firearms, and automotive.

Ownership category

akta.pro rank

Headquarters

HQ city

Wallingford

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

Revenue model

1. Custom Precision Manufacturing Services: Job-shop style precision manufacturing for complex parts and components. Services include Engineering & Product Development, CNC Milling & Turning, Precision Stamping, Swiss Machining, Wire EDM, and Tube Fabrication. Revenue is generated through project-based work with pricing determined by custom quotes based on complexity, materials, volumes, and manufacturing requirements.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Component Engineers (CEI) is a precision contract manufacturer that produces complex, tight-tolerance metal parts and sub-assemblies for OEM customers in regulated industries. Its core offerings comprise six in-house manufacturing capabilities—Engineering & Product Development, CNC Milling & Turning, Precision Stamping, Swiss Machining, Wire EDM, and Tube Fabrication—executed through an Early Supplier Involvement (ESI) program from design assistance and prototyping through production and delivery.

Product overview

Component Engineers (CEI) is a precision manufacturing company offering a comprehensive suite of six core manufacturing capabilities: Engineering & Product Development, CNC Milling & Turning, Precision Stamping, Swiss Machining, Wire EDM, and Tube Fabrication. The company provides turnkey solutions from design assistance through production and delivery, serving highly regulated industries including Medical, Aerospace & Defense, Energy, and Firearms. Their capabilities are unified under a manufacturing operations framework that aligns with Lean, Kanban, Six Sigma, and JIT principles.

Differentiator

Problem solved

Functional benefit

Products and services

• Engineering & Product Development Engineering and product development services including design assistance, DFM analysis, tooling design, prototyping, and process optimization for complex precision components, executed under CEI's Early Supplier Involvement (ESI) program.
• CNC Milling & Turning Precision CNC milling and turning using 3-axis and 4-axis machining centers, CNC lathes, and turning centers, producing complex metal components from 0.0625 to 7.0 inches in diameter, with parts up to 18 x 36 x 16 inches.
• Precision Stamping Precision metal stamping including progressive stamping, compound stamping, and blanking, executed on 28T to 300T power presses and a 600T coining press, handling material thicknesses from 0.0005 to 0.5 inches; a 300-ton Minster Press with a 108" x 42" bed is in operation.
• Swiss Machining Multi-axis CNC Swiss machining with 5-axis and 6-axis capabilities, including simultaneous main-spindle and sub-spindle machining, run on seven Tsugami CNC Swiss-type automatic lathes operating 24x7x365 and producing miniature parts with ODs from 0.110" to 1.25".
• Wire EDM Four-axis Wire EDM cutting using wire diameters from 0.004" to 0.012", achieving repeatability of ±0.0001", used for production parts, prototypes, and tooling components across CEI's ten four-axis Wire EDM machines.
• Tube Fabrication Precision tube fabrication including flaring, flanging, bending, expanding, piercing, swaging, and stamping, with in-house CNC machining, wire EDM, and laser marking capabilities—used heavily in surgical device applications.

Quantifiable outcome

• Component tolerances to +/- .0001 inch repeatability
• +4 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators7 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Norman Noble Company: Independent US precision contract manufacturer specializing in Swiss machining, micro-machining, and EDM for medical device and aerospace OEMs — directly comparable in capabilities, customer base, and contract-manufacturing model.
• Tegra Medical: Precision medical device contract manufacturer offering tube fabrication, Swiss machining, and finished assembly — closely aligned with CEI's medical segment capabilities and ISO 13485 posture.
• Donatelle: Medical device contract manufacturer with capabilities in precision machining, molding, stamping, and assembly — comparable in regulated-vertical focus and contract-manufacturing service model.
• C&J Industries: US precision contract manufacturer providing CNC machining, stamping, tube fabrication, and assembly for medical, aerospace, and industrial OEMs — closely aligned with CEI's capability stack and customer verticals.
• Aero Metals: Precision metal parts manufacturer for aerospace, defense, and industrial markets with AS9100 certification — directly comparable in regulated-vertical focus and fabrication capabilities.
• Helander Metal Spinning and Stamping: US precision metal forming and stamping manufacturer serving aerospace, defense, and industrial OEMs — comparable in stamping/fabrication focus and precision tolerance capabilities.
• Micro Stamping Corporation: US precision metal stamper producing miniature components for firearms, medical, aerospace, and electronics — directly comparable in precision stamping, miniature part work, and firearms/medical vertical overlap with CEI.
• Reell Precision Manufacturing: US precision contract manufacturer with CNC machining, stamping, and assembly for industrial, aerospace, and medical customers — comparable in service breadth and mid-market scale.

Broad incumbents

• Mayville Engineering Company (MEC): Publicly traded (NYSE: MEC) precision contract manufacturer with metal fabrication, stamping, machining, and assembly across multiple end markets including industrial, energy, and aerospace — significantly larger than CEI but directly comparable in service offerings.
• Precision Castparts Corp: Berkshire Hathaway-owned global precision components manufacturer for aerospace, defense, and industrial markets — vastly larger than CEI but overlapping in the precision aerospace/defense components space.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/component-engineers-inc

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Component Engineers