P1 Industries

What P1 Industries does

P1 Industries, LLC is a privately held custom contract manufacturer headquartered in Schenectady, New York, founded in 2006/2007 by CEO David W. Dussault. The company produces precision machined components, rotor coils and generator windings, custom fabricated assemblies, and finished sub-systems for OEMs in power generation, aerospace, defense, and oil and gas. Core capabilities span 5-axis CNC machining up to 12 feet, vertical turning beyond 120 inches in diameter, Swiss machining, welding and brazing, plus finishing, testing (ISO/IEC 17025, Nadcap, NQA-1, 10 CFR 50), assembly, and kitting, all delivered under ISO 9001:2015, AS9100 Rev D, ITAR, and ASME certifications. The business is organized into divisions including P1 Precision, P1 Generator Windings, and P1 Defense, supplemented by a workforce development program (P1 Pathways) and a proprietary SaaS platform (P1ston) that exposes the firm's supplier network and make-to-order workflow to OEM customers.

Revenue is generated through quote-based custom manufacturing contracts with enterprise OEMs, supported by a direct enterprise field-sales motion with regional offices in Boston, Pittsburgh, and Greenville, and a 4-hour RFQ response commitment. P1ston represents an adjacent software revenue stream around supply chain optimization. The company is privately held by the founder and management, has not disclosed institutional funding rounds, and is investing over $10M of private capital into a new 90,000 sqft Glenville campus (65k manufacturing + 25k HQ) expected to open in early 2026, with planned headcount growth from 115 to 175+ employees. Historical commentary indicates revenues approached $30M by 2019 with 42% annualized growth over the prior decade, followed by a deliberate diversification phase in 2017-2019 that cost roughly two-thirds of 2016 revenue before rebuilding a broader multi-vertical portfolio.

Name

P1 Industries

Legal name

P1 Industries, LLC.

Website

https://p1ind.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

P1 Industries is a privately held Schenectady, NY-based contract manufacturer providing precision CNC machining, rotor coils, fabrication, and finishing for OEMs in power generation, aerospace, defense, and oil & gas, supported by its P1ston SaaS supply chain platform.

Ownership category

akta.pro rank

Headquarters

HQ city

Schenectady

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Custom CNC Machining: Precision CNC machining services from 1/4 inch to 12 feet, including 5-axis machining, horizontal/vertical turning, Swiss machining
2. Generator Coils and Rotor Windings: Production coils, aftermarket windings, forced outage services, large nuclear applications with 2-week manufacturing cycle
3. Custom Fabrication: Welding, brazing, structural fabrication, forming, light sheet metal cutting with laser/waterjet
4. Value Added Services: Metal finishing, testing, casting, assembly, kitting and shipping services
5. Product Development: New product introduction, design, prototyping, and scale manufacturing services

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

P1 Industries is a vertically integrated custom contract manufacturer that designs, machines, fabricates, and assembles precision components for OEMs in power generation, defense, aerospace, and oil & gas. Core offerings include 5-axis CNC machining, rotor coil and generator winding manufacturing, custom metal fabrication, product development/prototyping, and value-added services (finishing, testing, assembly, kitting). The company supports these services through its proprietary P1ston SaaS supply chain platform.

Product overview

P1 Industries is a custom contract manufacturer serving market-leading OEMs in power generation, defense, aerospace, and oil & gas industries. The company operates a platform-plus-services model centered on precision manufacturing capabilities and proprietary software. Core offerings include CNC Machining (5-axis, turning, milling up to 12 feet), Rotor Coils/Generator Windings (fastest producer in Americas with 24,000 sqft dedicated facility), Custom Fabrication (welding, brazing, forming), Product Development (design, prototyping, scale), and Value Added Services (finishing, assembly, testing, casting, kitting). The proprietary P1ston SaaS platform enables customers to optimize make-to-order supply chain workflows. The company also operates the P1 Pathways workforce development program. Manufacturing operations are headquartered in Schenectady, NY with a new 90,000 sqft campus under construction.

Differentiator

Problem solved

Functional benefit

Brands

• P1ston: SaaS platform for make-to-order supply chain optimization, enabling OEM's customer-to-supplier workflow management
• P1 Pathways

Products and services

• CNC Machining Precision CNC machining services including 5-axis machining, horizontal/vertical milling with over 120 inches of travel, vertical turning north of 120 inches in diameter, Swiss machining, EDM, and gun drilling for custom parts ranging from 1/4 inch to 12 feet. Targets enterprise OEMs in power generation, aerospace, defense, and oil & gas.
• Rotor Coils / Generator Windings Production of C coils, brazed square corner coils, aftermarket windings, forced outage services, and large nuclear applications. Americas' fastest producer of generator coils with a 2-week manufacturing cycle and emergency turnaround as fast as 8 days; 24/7 outage support. Targets utility and OEM customers in power generation.
• Custom Fabrication Services Custom metal fabrication including welding (MIG, TIG, Arc), light sheet metal (laser jet, water jet), brazing (silver, copper, aluminum), forming with a 20-foot press brake, and structural fabrication. Targets industrial OEM customers across multiple sectors.
• Product Development New product introduction services including engineering design assistance using AutoCAD and SolidWorks, prototyping, iterative product manufacturing, and scale-up to turnkey profitable solutions. Targets OEMs in emerging markets such as energy storage, wind, solar, food, pharma, drones, and transportation.
• Value Added Services Comprehensive finishing and assembly services including metal finishing (plating, anodizing, powder coat), metal cutting (waterjet, laserjet, plasma), structural/hydraulic/electrical assembly, testing (ISO/IEC 17025, Nadcap, Nuclear 10 CFR 50), casting (investment, sand, die up to 6000 lbs), and kitting and shipping. Targets enterprise OEMs across power generation, defense, aerospace, and oil & gas.
• P1ston Proprietary SaaS platform that optimizes make-to-order supply chain workflows, providing real-time visibility and control over supplier relationships and order management for OEMs in power, oil & gas, defense, and aerospace industries. Operates as a wholly owned subsidiary of P1 Industries.

Quantifiable outcome

• Emergency parts turnaround in less than 8 days
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered major, minor and core.

• LSI Development Group, LLCmajorOthers · 1 May 2025Building developer for new 90,000 sq ft campus construction at Airport Business Park in Glenville, including 65,000 sq ft manufacturing facility and 25,000 sq ft headquarters
• C2 Design GroupminorImplementation/ SI/ Consulting PartnerArchitectural partner for new campus design and construction
• Schenectady County MetroplexcoreStrategic or Co-development PartnerProvided $250,000 capital grant plus PILOT agreement for new campus development at Airport Business Park
• Ballston Spa High School Robotics Club (Team 3044)minorGTM or Marketing PartnerFIRST Robotics competition sponsor; team achieved 7th rank of 56 and received Gracious Professionalism award

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Hubs (by Protolabs): Global network of CNC machining and fabrication suppliers accessed via instant online quoting; the most direct digital-era comparator to P1's rapid-quote + supplier network model.
• Fictiv: Digital manufacturing platform for custom mechanical parts with an underlying supplier network, mirroring P1's combination of CNC services and a curated supplier marketplace.
• Xometry: AI-enabled marketplace for custom manufacturing (CNC, sheet metal, injection molding) serving aerospace, defense, and industrial OEMs; competes with P1's on-demand CNC quoting and P1ston supply-chain platform concept.
• Protolabs: On-demand digital manufacturer offering CNC machining, sheet metal, and injection molding with rapid quoting across enterprise customers—directly comparable in service mix and target OEM buyer profile.
• Re:Build Manufacturing: US-based contract manufacturer with a portfolio of precision machining and fabrication businesses, explicitly positioned around revitalizing American manufacturing—closely aligned with P1's mission and operating model.

Broad incumbents

• Precision Castparts Corp (Berkshire Hathaway): Large-scale, vertically integrated supplier of complex metal components to aerospace and power-generation OEMs; significantly larger but operates in the same precision-engineered components category.
• Kennametal: Global supplier of metalworking tools, inserts, and industrial solutions used in machining shops; relevant given P1's heavy use of advanced CNC tooling and P1's participation in the Kennametal Truck Tour.
• BWX Technologies (BWXT): Nuclear components and services supplier addressing 10 CFR 50 / NQA-1 requirements—directly comparable certifications and use cases to P1's nuclear rotor coil business.

Others

• GE Vernova: Named P1 customer and a leading manufacturer of generators and associated rotor components; could alternately be a competitor in-house supplier or partner depending on sourcing strategy.
• Mitsubishi Heavy Industries (Power & Infrastructure): Named P1 customer (OEM supplier for power-generation equipment), but also a major industrial manufacturer that could conceivably insource or qualify alternate coil suppliers; adjacency rather than direct competition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCwRZ4h3Q5vJ0gEG9KjL7g_w
• LinkedInlinkedin.com/company/p1-industries
• Facebookfacebook.com/P1Industries

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries5 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 P1 Industries