Wright Machine & Tool
Wright Machine & Tool Company is a privately held precision contract metalworking manufacturer in Swannanoa, NC, delivering CNC machining, grinding, machine building, assembly, and proprietary Beaver tooling products to industrial customers across textile, automotive, food processing, pharmaceutical, and electronics verticals.
- Company typePrivate
- Founded1970
- HeadquartersSwannanoa, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Wright Machine & Tool does
Wright Machine & Tool Company Inc. is a privately held precision metalworking contract manufacturer established in 1970 and headquartered in a 100,000 sq ft facility in Swannanoa, North Carolina (near Asheville). The company is solely dedicated to contract parts manufacturing, tooling, fixturing, machine building, and assembly, serving industrial customers in textile, automotive, food processing, pharmaceutical, and electronics. It is ISO 9001:2000 certified (Certificate # C2004-02505) and operates with a workforce of 11-50 employees.
The company's offering is organized around five core capabilities: CNC machining (turning up to 44" diameter and machining centers up to 80"), grinding (CNC cylindrical, surface, centerless, I.D., blanchard, and thread), machine building (from welding and fabrication through electronics installation), assembly and sub-assembly (with testing to customer specifications), and Beaver Precision Machine Tool Accessories (a proprietary tooling line including quick change holders, arbors, boring heads, and custom special tooling). A multi-vendor equipment fleet — Okuma, Mazak, Daewoo, Haas, Devlieg, Bridgeport, and others — supports a cell machining concept that integrates real-time quality monitoring. Production capacity includes CNC machining centers to 40"x80" and CNC turning centers to 44"x120", alongside manual mills and lathes.
Wright Machine & Tool makes money through project-based, quote-driven contract manufacturing services billed per job, supplemented by sales of Beaver-branded tooling accessories. Go-to-market is direct enterprise field sales (handled by sales contact Keith Hutchins), with the company website serving primarily as an information and lead-generation channel; there is no distributor, reseller, or marketplace presence. Revenue figures are not publicly disclosed.
Wright Machine & Tool firmographics
Firmographics- Name
- Wright Machine & Tool
- Legal name
- Wright Machine And Tool Company Inc.
- Website
- https://wrightmachtool.com
- Company type
- Private
- Founded year
- 1970
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Wright Machine & Tool Company is a privately held precision contract metalworking manufacturer in Swannanoa, NC, delivering CNC machining, grinding, machine building, assembly, and proprietary Beaver tooling products to industrial customers across textile, automotive, food processing, pharmaceutical, and electronics verticals.
- Ownership category
- akta.pro rank
Wright Machine & Tool industry classification
Industry- Product category
- Precision Contract Manufacturing
- NAICS
- Machine Shops (33271), Cutting Tool and Machine Tool Accessory Manufacturing (333515), Machine Tool Manufacturing (333517)
- SIC
- Metalworkg Machinery & Equipment (3540), Machine Tools, Metal Cutting Types (3541)
- akta.pro primary industry
- Metal Cutting Tools, Tooling & Workholding (Cutters, Inserts, Chucks, Fixtures) (IMAHADAB)
- akta.pro secondary industries
- CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA), Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)
Keywords
Where Wright Machine & Tool is headquartered
LocationHeadquarters
- HQ city
- Swannanoa
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Wright Machine & Tool business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D
Revenue model
- Contract Parts Manufacturing: Contract manufacturing of precision metal parts including prototype, short run, and production volumes. Revenue generated through project-based manufacturing services.
- Tooling and Fixturing: Design and manufacture of tooling, fixturing, and machine building services. One-time project-based revenue for custom tooling solutions.
- Machine Building and Assembly: Complete machinery building services from welding and fabrication to electronics installation. Includes sub-assembly and full assembly services with testing to customer specifications.
- Beaver Products (Tooling Accessories): Sale of Beaver Precision Machine Tool Accessories including quick change holders, arbors, boring heads, and custom tooling.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Quote-based pricing for manufacturing services |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Wright Machine & Tool product offering
Product offeringCore offering
Wright Machine & Tool is a contract precision manufacturing firm that produces parts, tooling, fixturing, machines, and assemblies to customer specifications. Operating from a 100,000 sq ft ISO 9001:2000 certified facility in Swannanoa, NC, the company offers CNC machining, precision grinding, machine building, and assembly services, and also distributes Beaver Precision Machine Tool Accessories.
Product overview
Wright Machine & Tool Company is a precision metalworking company offering contract parts manufacturing, tooling, fixturing, machine building, and assembly services. The company operates a single unified service offering portfolio organized around five core capabilities: CNC Machining (turning up to 44" diameter and machining centers up to 80"), Grinding (cylindrical, surface, centerless, I.D., blanchard, and thread grinding), Machine Building (full-service from fabrication to electronics installation), Assembly Services (complete and sub-assembly with testing), and Beaver Precision Machine Tool Accessories (tooling products including quick change holders, arbors, boring heads, and custom special tooling). These services are delivered through a modern 100,000 square foot facility in Asheville, NC, with equipment for CNC machining, manual machining, grinding, fabrication, welding, sawing, and quality assurance.
Differentiator
Problem solved
Functional benefit
Products and services
- CNC Machining Services
- Precision Grinding Services
- Machine Building Services
- Assembly Services
- Beaver Precision Machine Tool Accessories
Quantifiable outcome
- Shortest delivery times through cell machining concept with real-time quality monitoring
- +2 more outcomes
Companies that use Wright Machine & Tool
Customer profileSegments2 records
Ideal customer profiles1 record
Wright Machine & Tool technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Wright Machine & Tool partnerships and signals
Strategic signalScale indicators6 records
Recent moves3 records
Expansion highlights3 records
Wright Machine & Tool competitors and assessment
Company assessmentDirect peers
- Xometry: Xometry operates an on-demand manufacturing marketplace aggregating CNC machining, sheet metal, and finishing shops. Directly comparable to Wright's contract parts manufacturing and machine-building services as an alternative sourcing channel for the same end customers.
- Protolabs: Protolabs is a digital contract manufacturer offering instant online quoting for CNC machining, injection molding, sheet metal, and 3D printing. Same core service as Wright's CNC turning/machining business (contract precision metal parts), with Wright competing as a traditional shop vs. Protolabs' automated quoting platform.
- Hubs: Hubs (formerly 3D Hubs) is a global manufacturing platform providing instant CNC, sheet metal, injection molding, and 3D printing quotes through a distributed network. Competes with Wright's precision machining services for engineers sourcing prototype-to-production runs.
Broad incumbents
- Kennametal: Kennametal is a global manufacturer of metalworking tools, inserts, and toolholding systems. Competes directly with Wright's Beaver Precision Machine Tool Accessories line in the cutting tool holder/arbor/boring head category, and serves the same machining customer base.
- Methods Machine Tools: Methods Machine Tools is a leading US distributor/importer of CNC machine tools (Makino, Okuma, Haas). Sits adjacent to Wright as a seller/supplier of the same Okuma, Mazak, and Devlieg equipment Wright uses, and reaches the same end manufacturing customers.
- Hurco Companies: Hurco manufactures CNC machining centers and controls used in job shops and contract manufacturers. Operates broadly in the same CNC precision machining equipment category Wright depends on, serving similar small-to-mid shop customers.
- Sandvik: Sandvik is a major industrial group with a large metal cutting tooling division producing inserts, tool holders, and machining solutions. Direct overlap with Wright's Beaver tooling accessory products in the cutting tool and workholding category.
Others
- MSC Industrial Direct: MSC Industrial is a large US distributor of metalworking tools, MRO supplies, and machine tool accessories. A potential distribution channel for Wright's Beaver branded tooling products and an indirect competitor to Wright's in-house tool/fixture design services.
Emerging players
- Fictiv: Fictiv is a digital manufacturing platform focused on CNC machining and injection molding with curated manufacturing partners. Direct competition to Wright's contract machining business in the prototype and low-volume production niche.
- Plethora: Plethora is an on-demand precision machining and fabrication platform (acquired by Hubs) serving similar custom parts and short-run production needs. Comparable to Wright's prototype/short-run production machining services.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Wright Machine & Tool social profiles
Digital presenceWright Machine & Tool compliance and trust
Trust signalCompliance1 record
Wright Machine & Tool financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wright Machine & Tool leadership team
Management profileNumber of profiles
Profiles1 record
Wright Machine & Tool funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wright Machine & Tool M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wright Machine & Tool
What does Wright Machine & Tool do?
Wright Machine & Tool is a contract precision manufacturing firm that produces parts, tooling, fixturing, machines, and assemblies to customer specifications. Operating from a 100,000 sq ft ISO 9001:2000 certified facility in Swannanoa, NC, the company offers CNC machining, precision grinding, machine building, and assembly services, and also distributes Beaver Precision Machine Tool Accessories.
Is Wright Machine & Tool a public or private company?
Wright Machine & Tool is a private company. It is classified as unknown and is currently operating.
When was Wright Machine & Tool founded?
Wright Machine & Tool was founded in 1970. It employs 11 to 50 people.
Where is Wright Machine & Tool based?
Wright Machine & Tool is headquartered in Swannanoa, United States, in the North America region.
How does Wright Machine & Tool make money?
Four revenue lines are on record. Contract Parts Manufacturing is the primary driver. The others are tooling and Fixturing, machine Building and Assembly and beaver Products (Tooling Accessories).
Who are Wright Machine & Tool's main competitors?
Direct peers on record are Xometry, Protolabs and Hubs. Broad incumbents are Kennametal, Methods Machine Tools, Hurco Companies and Sandvik. MSC Industrial Direct is listed as an others. Emerging players are Fictiv and Plethora.
Does Wright Machine & Tool have an API?
No public API is recorded for Wright Machine & Tool.
What industry is Wright Machine & Tool in?
Wright Machine & Tool's product category is Precision Contract Manufacturing. Its primary akta.pro industry code is IMAHADAB, Metal Cutting Tools, Tooling & Workholding (Cutters, Inserts, Chucks, Fixtures), with a secondary code of IMAHADAA, CNC Machine Tools (Turning, Milling, Machining Centers). Its NAICS code is 33271 and its SIC code is 3540.