What IBAG North America does

IBAG North America (legal entity Burmco, Inc.) is a privately held precision-machining capital-equipment company operating from a 10,000 sq ft facility in North Haven, Connecticut. Founded in 1998 as the North American subsidiary of the Swiss IBAG Group, the company designs, sells, and services high-speed motor spindles — micro, small, medium, large, and Plug-N-Go configurations — capable of speeds up to 170,000 RPM and power up to 130 HP. Its core technology centers on integral motor spindles using hybrid ceramic bearings (silicon nitride balls in steel races), oil-air micro-mist bearing lubrication, glycol-based liquid cooling systems that hold spindle temperatures near 26 °C, and HSK hollow-shaft toolholders, all engineered for integration with modern CNC machine tools. The company also holds exclusive North American representation rights for Witte Vacuum Workholding Solutions, distributing vacuum pumps, grid, porous, freeze, and round-grid chucks that complement its spindle installations.

The company operates a sales-led, direct go-to-market targeting OEMs and end users across four primary verticals: aerospace (Airbus, Taylor Made, and unnamed structural/turbine manufacturers), medical devices (implants, stents, surgical instruments, spinal implants), electronics engineering (PCB drilling, semiconductor, nanotechnology), and mold & die manufacturing. Revenue is generated through hardware sales of spindles and Witte workholding, plus accessory sales (tooling, IBAG chillers, bearing lubrication systems) and an in-house repair, rebuild, and retrofit service that monetizes the installed base across its lifecycle. Pricing is fully quote-based and application-specific, consistent with engineered capital-equipment sales rather than standardized SKUs. Under President William (Bill) Popoli, the firm emphasizes applications engineering expertise — advising customers on spindle selection and mechanical/electrical CNC integration — as the primary differentiator against competitors in the high-speed spindle market.

Name

IBAG North America

Legal name

Burmco, Inc.

Website

https://ibagnorthamerica.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

101–250 employees

Short description

IBAG North America (Burmco, Inc.) designs, sells, and services high-speed motor spindles (up to 170,000 RPM and 130 HP) and represents Witte vacuum workholding in North America, serving aerospace, medical, electronics, and mold-and-die OEMs from its Connecticut facility.

Ownership category

akta.pro rank

Product category

High-Speed Motor Spindles and Vacuum Workholding Systems

NAICS

Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing (333612)

SIC

Motors & Generators (3621)

akta.pro primary industry

Spindles & High-Speed Drives (Machine Tool Spindles, High-speed Motors) (IMAGACAL)

akta.pro secondary industries

Linear Motion & Mechanical Power Transmission (Ball/roller screws, linear guides, bearings, couplings) (IMAHAGAM), Motion & Machine Control (CNC, Robotics Controllers, Servo/Motion Controllers) (IMAGABAG)

Keywords

• High speed spindles
• CNC machining systems
• Vacuum workholding
• Precision machine tools
• Spindle repair services

Headquarters

HQ city

Hamden

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. High Speed Motor Spindle Sales: Sale of high-speed motor spindles including micro, small, medium, large, and plug-n-go models. Spindles feature speeds up to 170,000 RPM and power up to 130 HP for precision CNC machining applications.
2. Vacuum Workholding Equipment: Sales of Witte vacuum products including vacuum pumps, various chuck types (grid, porous, small parts, freeze, round grid), and accessories.
3. Tooling and Accessories: Spindle tooling systems, IBAG chillers, spindle bearing lubrication systems, and related accessories.
4. Repair and Rebuild Services: In-house spindle repair, rebuilding, and retrofit services for precision machining spindles. Includes vacuum pump repair services.
5. CNC Machine Integration: Applications engineering and machine integration services for proper installation of high-speed motor spindles with modern CNC machine tools including mechanical and electrical features.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

IBAG North America designs, manufactures, and supports high-speed motor spindle systems for precision CNC machining integration, with spindle speeds up to 170,000 RPM and power levels up to 130 HP. The company also distributes Witte vacuum workholding solutions in North America and provides spindle tooling, chillers, bearing lubrication systems, and in-house spindle repair and rebuilding services.

Product overview

IBAG North America offers a comprehensive portfolio of precision high-speed motor spindles and vacuum workholding solutions. The core product line includes IBAG High Speed Motor Spindles (micro, small, medium, large, plug-n-go, and special configurations) capable of speeds up to 170,000 RPM and power up to 130 HP. This is complemented by Witte Vacuum Workholding products including grid type chucks, round grid chucks, vacuum pumps, and Vac Mat systems. Supporting products include spindle tooling systems, chillers, bearing lubrication systems, and CNC retrofits. The company provides complete service capabilities including spindle repair, rebuilding, and vacuum pump repair. The products serve industries including aerospace, medical, electronics, and mold and die manufacturing.

Differentiator

Problem solved

Functional benefit

Brands

• IBAG Spindles: High speed motor spindles and spindle systems for precision CNC machining, including micro spindles, small spindles, medium spindles, large spindles, and plug-n-go spindles with speeds up to 170,000 RPM and power up to 130 HP.
• Witte Vacuum Workholding

Products and services

• IBAG High Speed Motor Spindles Advanced high-speed motor spindles for precision CNC machining integration, offering maximum spindle motor speeds up to 170,000 RPM and power levels up to 130 HP. Available in micro, small, medium, large, and plug-n-go configurations for OEMs and end users.
• IBAG Micro Spindles Compact high-speed spindles designed for Swiss-style CNC lathes, CNC milling machines, engraving centers, and micro CNC machines, achieving speeds up to 120,000 RPM with power up to 390 watts.
• IBAG Small Spindles 45mm diameter high-speed spindles with maximum speeds up to 170,000 RPM and power up to 2.5 kW for milling, drilling, and grinding applications.
• IBAG Medium Spindles 60mm to 150mm high-speed motor spindles with variable speeds up to 80,000 RPM, featuring automatic tool changing, hybrid ceramic bearings, and AC/DC motor technology.
• IBAG Large Spindles 170 to 300mm liquid-cooled high-speed motor spindles delivering power up to 100 kW with speeds reaching up to 30,000 RPM, featuring hybrid ceramic bearings and standard automatic tool changing.
• IBAG Plug-N-Go Spindles Modular high-speed spindles designed for easy installation and integration with standard CNC machine tools.
• Witte Grid Type Vacuum Chucks

Quantifiable outcome

• Spindle speeds up to 170,000 RPM for micro applications
• +4 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Two partnerships are on record, tiered core.

• Witte Vacuum Workholding SolutionscoreChannel Partner/ Reseller/ DistributorIBAG North America is the exclusive North American representative for Witte Vacuum Workholding Solutions, a German manufacturer offering a full line of vacuum workholding equipment including vacuum pumps, various chuck types, and accessories. IBAG evaluates customer part needs and recommends appropriate vacuum solutions.
• IBAG Switzerland (IBAG Group)coreStrategic or Co-development PartnerIBAG North America is part of the larger IBAG network with headquarters in Switzerland, providing 75 years of Swiss machining experience. The partnership provides access to advanced spindle technology, manufacturing methodologies, and global support infrastructure.

Scale indicators7 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Siemens (Motion Control / Drive Technologies): Global industrial automation incumbent offering CNC controllers, motor spindles, and SINUMERIK/SIMOTION platforms integrated with machine tools. Siemens is a broad incumbent competing in the same high-end machine tool environment where IBAG's spindles are integrated.
• Bosch Rexroth (Motion & Control Technologies): Large industrial conglomerate offering motion control, drives, automation, and spindle-related technologies as part of a broad factory automation portfolio. While not a spindle-only specialist, Bosch Rexroth competes with IBAG's automation/integration value proposition and provides alternative drive/spindle solutions to the same OEMs and integrators.

Direct peers

• Weiss Spindeltechnologie: European manufacturer of high-speed motor spindles for CNC machining, milling, and grinding, focused on engineered, application-specific spindle systems. Weiss competes directly with IBAG in the high-end specialty spindle niche and shares the same OEM/integrator sales motion.
• GMN: German specialist in high-precision spindle bearings and high-speed spindle technology serving machine tool, aerospace, and general industrial OEMs. GMN overlaps with IBAG in hybrid ceramic bearing expertise and high-RPM spindle engineering, competing for the same technical demanding applications.
• Franz Kessler: German-headquartered manufacturer of high-speed motor spindles used in CNC machining and machine tool integration, with very similar product breadth (micro to large spindles) and an overlapping OEM/end-user customer profile. Franz Kessler competes head-to-head with IBAG in the precision high-speed spindle segment globally and in North America.
• Setco Precision Spindle: U.S.-based specialty manufacturer of precision high-speed spindles and spindle repair services for the metalworking industry. Setco's product line, applications engineering orientation, and North American service footprint closely mirror IBAG North America's business model and customer base.
• Fischer Spindle Group: Swiss precision spindle manufacturer offering high-speed motor spindles for machining, grinding, and milling applications, with a comparable emphasis on engineered, application-specific configurations. Fischer competes directly with IBAG's Swiss-engineered heritage and is often considered in the same procurement evaluations by precision machining customers.
• HSD (HSD SpA - Electrospindles): Italian manufacturer of electrospindles and high-speed spindle units integrated into CNC machine tools, woodworking and machining applications. HSD is a direct competitor to IBAG's high-speed spindle range on multi-axis CNC platforms serving European and global OEMs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/IbagnaSales

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 IBAG North America