Padgett Swann

Name

Padgett Swann

Legal name

Padgett Swann Machinery

Website

https://padgettswann.com

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Industrial Machinery Manufacturing and Repair Services

NAICS

Ship Building and Repairing (336611), Other General Purpose Machinery Manufacturing (3339)

SIC

Ship & Boat Building & Repairing (3730), General Industrial Machinery & Equipment (3560), Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

Propulsion, Shafting & Rudder Repair (Engines, Gearboxes, Thrusters) (IMAJAFAC)

Keywords

• Marine propulsion shafting
• Rotating equipment repair
• Precision machining services
• Marine fabrication welding
• Industrial field machining

Headquarters

HQ city

Tampa

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Marine Division Services and Products: Revenue from manufacturing and repair of marine propulsion shafting (6 to 55 inch diameter, up to 60 feet long), propeller repair and new construction (up to 30 feet diameter), CPP component repair and new construction, heat exchanger cleaning and repair, and marine structure fabrication. Services include on-site and in-facility work.
2. Rotating Equipment Division Services: Revenue from pump and blower repair, reconditioning, and replacement; reverse engineering; precision straightening; dynamic balancing; coating services; fabrication (20,000 sq ft facility); in-place machining; and predictive maintenance solutions. Both in-house and on-site services are offered.
3. Industrial Repair Field Services: Revenue from 24-hour emergency field service for industrial maintenance and repair of pumps, blowers, and high-tolerance rotating equipment. Includes portable machine shop deployment to customer sites worldwide.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Padgett Swann Machinery provides custom precision manufacturing, repair, and maintenance services for the marine and industrial marketplaces through three divisions: Marine Division (propulsion shafting, propeller repair and new construction, CPP components, heat exchangers, marine structure fabrication); Rotating Equipment Division (pump and blower repair, reverse engineering, precision straightening, dynamic balancing, coating, in-place machining, predictive maintenance); and Industrial Repair Division (24-hour emergency field service with portable containerized machine shop). Services are delivered at secured facilities in Tampa, FL and Galveston, TX, or on-site worldwide via deployable portable machining equipment.

Product overview

Padgett Swann Machinery is a 70-year-old provider of custom precision manufacturing, repair, and maintenance services for the marine and industrial marketplaces. The company operates three primary divisions: the Marine Division (covering propulsion shafting, propeller repair/new construction, CPP components, heat exchanger services, and marine fabrication), the Rotating Equipment Division (covering pump and blower repair, reverse engineering, precision straightening, dynamic balancing, coating, in-place machining, and predictive maintenance), and the Industrial Repair Division (covering 24-hour emergency field service with portable machine shop capabilities). The company operates two secured facilities in Tampa, FL and Galveston, TX, and utilizes FARO metrology equipment, FARO Laser Trackers, Solid modeling and CAD/CAM software, and portable machine tools including Climax machines and auto-welding systems.

Differentiator

Problem solved

Functional benefit

Products and services

• Marine Propulsion Shafting – New Manufacture and Repair Precision manufacturing and repair of marine propulsion shafting, specializing in machining alloy and stainless shafts from 6" to 55" diameter and up to 60 feet long, including cold and hot straightening within 0.001" and mil-spec shaft protective covering systems, for marine shipping companies and naval operators.
• Propeller Repair and New Construction Full-service propeller repair, restoration, and new construction including straightening, welding, polishing, and static and dynamic balancing, with hydraulic pitching tables and K and R pitchometers for straightening and pitch alterations up to 30 feet diameter, for marine shipping operators.
• CPP Component Repair and New Construction Manufacture, reconditioning, and repair of CPP (Controllable Pitch Propeller) shafts, bearing carriers, crosshead blocks, blade palms, and tip castings; uses machined dummy hubs for static and dynamic balancing and weighing to OEM specifications, serving vessel operators with CPP systems.
• Heat Exchanger Cleaning and Repair Comprehensive heat exchanger services from cleaning and testing to major re-tubes, utilizing large dosing and cleaning tanks, ultrasonic cleaning, and Goodway Ram cleaning systems for in-situ cleaning, for marine and industrial operators.
• Marine Structure and Fabrication Marine structural fabrication and welding performed in-house in a 20,000 sq ft fully enclosed facility, producing carbon steel, stainless steel, and aluminum weldments, including large fabrication structures and underwater marine components, for shipyards and marine operators.
• Rotating Equipment Repair – Pumps and Blowers Pump repair and maintenance services for rotating equipment including pumps, blowers, and gear boxes of all sizes, from small end suction pumps to large circulating water pumps, covering machining, reconditioning, balancing, coating, alignment, and modifications, for industrial plant operators.
• Reverse Engineering Non-contact reverse engineering using FARO arm, laser tracker, and laser scanner equipment in combination with PolyWorks and SolidWorks software, collecting high-resolution 3D scan data for comparison of as-built versus as-designed mechanical components when OEM data is unavailable, for industrial operators needing obsolete part replacement.
• Precision Straightening Shaft straightening service with straightness readings of 0.0015 inch T.I.R/FT max (more than 8 times straighter than industry standards), capable of straightening 8 inch diameter shafts with lengths up to 30 feet, for industrial and marine clients with bent shafts.
• Dynamic Balancing In-house dynamic balancing using HOFMANN PCH-24.1 balancing machine (up to 12,000 lbs, 155 inch swing diameter), balancing repaired or newly machined impellers to 4W/N (ISO balance quality grade 0.7 equivalent) with two-plane dynamic, static/couple, and single-plane balancing capabilities, for industrial rotating equipment operators.
• Coating Services Surface coating services using modern epoxy and polyurethane coating technologies including Belzona, MCOR, Enecon, and Chesterton products to extend pump lifecycle and increase efficiency through wear, corrosion, and cavitation protection, for industrial pump operators.
• In-Place Machining Services Portable machine tool services including flange facing (6 to 199 inches), line boring (less than 2 inches to 65+ inches diameter), and LM 6200-based milling (48 to 192 inch bed length) for on-site machining using FARO Laser Tracker for precision measurement, for industrial and marine clients needing on-site repairs.
• Predictive Maintenance Solutions Data-driven predictive maintenance suite including laser and optical alignment, vibration analysis, thermography, balancing, and ultrasound services, with optional wireless real-time performance data recording 24/7, for industrial operators seeking to reduce unplanned downtime.
• Industrial Maintenance and Emergency Field Service 24-hour emergency field service for maintenance and repair of pumps, blowers, and high-tolerance rotating equipment, supported by a portable, containerized full-service machine shop for on-site repairs deployable anywhere in the world, for industrial and marine clients.

Quantifiable outcome

• Padgett Swann Pump Shaft Quality bar is more than 8 times straighter than industry standards with straightness readings of 0.0015 T.I.R/FT max
• +4 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record.

• Duramax Marine (daxlogo)OthersDuramax Marine logo is displayed on the Padgett Swann website under Quality Assurance Provisions, indicating an industry affiliation or collaborative relationship within the marine supply and service ecosystem.
• MarFlexOthersMarFlex logo is displayed on the Padgett Swann website under Quality Assurance Provisions, indicating an industry affiliation or collaborative relationship within the marine and industrial supply ecosystem.
• ROC CarbonOthersROC Carbon logo is displayed on the Padgett Swann website under Quality Assurance Provisions, indicating an industry affiliation or collaborative relationship within the marine and industrial supply ecosystem.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Colonna's Shipyard: Norfolk, VA-based ship repair yard offering commercial and government vessel repair, machining, and fabrication services on the U.S. East Coast. Comparable to Padgett Swann in that it is a mid-sized multi-discipline marine repair and fabrication shop serving both commercial shipping and government contracts, with overlapping capabilities in shafting, machining, and structural work.
• Conrad Shipyard: Morgan City, LA shipbuilder and ship repair operator with multiple yards across the Gulf Coast serving commercial and government marine customers. Comparable to Padgett Swann in marine repair scope, Gulf Coast customer base, and government/naval work, though larger and with broader newbuild capability.
• East Coast Repair & Fabrication: Portsmouth, VA marine and industrial repair and fabrication shop providing ship repair, machining, welding, and on-site services to commercial and government customers. Highly comparable to Padgett Swann as a similarly sized multi-discipline repair yard with marine and industrial MRO exposure.
• Marine Inland Fabricators: Houma, LA marine fabrication and repair provider serving Gulf Coast commercial and offshore customers. Comparable to Padgett Swann in marine fabrication, structural welding, and Gulf Coast end-market exposure.
• Caddell Dry Dock & Repair Co. Staten Island, NY ship repair and dry dock operator serving commercial and government marine customers on the U.S. East Coast. Comparable to Padgett Swann as a multi-discipline marine repair yard with hull, mechanical, and structural service offerings.
• Florida Marine Fleeting & Shipyards: Tampa, FL-based marine fleeting and repair services provider on the Port of Tampa. Directly comparable as a Tampa geographic peer offering marine repair services to the same Port of Tampa customer base Padgett Swann serves.
• Main Iron Works: Houma, LA shipyard and steel fabrication facility providing marine repair, fabrication, and machining services to Gulf Coast commercial and offshore customers. Directly comparable as a Gulf Coast peer with overlapping marine repair, fabrication, and structural welding capabilities targeting similar commercial and government end markets.

Broad incumbents

• Bollinger Shipyards: Lockport, LA-based large U.S. shipbuilder and ship repair operator with more than 40 facilities along the Gulf Coast serving U.S. Coast Guard, Navy, and commercial customers. Broader incumbent relative to Padgett Swann in marine repair and newbuild with significantly larger scale and government contract footprint.
• BAE Systems Norfolk Ship Repair: Norfolk, VA ship repair facility operated by BAE Systems, a global defense prime, providing ship repair, modernization, and fabrication services to U.S. Navy and commercial customers. Significantly larger scale and broader capability set than Padgett Swann, but addresses the same government and commercial marine repair market.
• Signal International: Mobile, AL-based shipbuilding and ship repair operator with Gulf Coast yards serving government and commercial marine customers. Comparable in marine repair scope and Gulf Coast geographic exposure, but operates at a larger scale and broader capability base than Padgett Swann.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/1616396075303923

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Padgett Swann