IS-Technics

What IS-Technics does

IS-Technics Oy is a Finnish privately held specialist in industrial on-site machining and custom machine production, headquartered in Ylöjärvi (with a registered address in Mänttä) and operating globally across power generation, oil refining, paper and pulp, offshore, and shipyard environments. The company performs demanding machining operations — turning, milling, reaming, drilling, grinding, honing, and threading — directly at customer facilities using self-developed proprietary equipment and methods, eliminating the need to dismantle and transport multi-million-euro industrial assets and reducing production stoppages by up to roughly half relative to conventional approaches. Its second core service is the design and manufacture of customized maintenance and production machinery, delivered as turnkey solutions that include on-site maintenance contracts and personnel training for the equipment supplied.

IS-Technics' business model is project-based professional services revenue, with custom quotations per engagement and no publicly disclosed pricing. The go-to-market combines direct enterprise field sales into large industrial accounts, subcontractor roles within larger maintenance projects, and targeted presence at sector events such as Energia-messut. Its customer base is concentrated among approximately 30 long-standing Nordic and international enterprises, including Fortum, Helen, TVO, ABB, UPM, Stora Enso, and Siemens. On 1 April 2026 the company divested its shipyard and industrial on-site machining and mechanical installations business unit — carrying roughly EUR 2 million of annual revenue, about 8 employees, and the ~30-customer base — to Caverion Finland via an asset transfer, with operations continuing under Caverion ownership at Pinotie 3, Ylöjärvi, while IS-Technics Oy itself remains a going concern under prior ownership.

Name

IS-Technics

Legal name

IS-Technics Oy

Website

https://is-technics.fi

Company type

Private

Founded year

1994

Operating status

Acquired

Headcount range

11–50 employees

Short description

IS-Technics Oy is a Finnish industrial services firm performing proprietary on-site machining and custom machine production for power, refining, paper, and offshore enterprises globally, with operations largely transferred to Caverion Finland in April 2026.

Ownership category

akta.pro rank

Product category

Industrial Machining Services

NAICS

Industrial Machinery Manufacturing (33324)

SIC

Metalworkg Machinery & Equipment (3540)

akta.pro industry

PRIMARYIMAIACAD

Welding, Fabrication & Field Machining Services (On-site)

Industrials, Manufacturing & Construction/Industrial Services & Facility Operations/Industrial Maintenance & Plant Shutdown Services

SECONDARYIMAHADAA

CNC Machine Tools (Turning, Milling, Machining Centers)

Industrials, Manufacturing & Construction/Industrial Machinery & Heavy Equipment/Machine Tools & Metalworking Equipment

Keywords

• On-site machining services
• Industrial maintenance machining
• Custom machine manufacturing
• Mechanical installation services
• Field machining solutions

Headquarters

HQ city

Ylöjärvi

HQ country

Finland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. On-site Machining Services: Professional machining services performed at customer locations including turning, milling, reaming, drilling, grinding, and other complex operations for industrial maintenance. Revenue generated through project-based service fees.
2. Machine Production: Design and manufacture of customized maintenance and production machinery and equipment. Turnkey solutions including on-site maintenance contracts and personnel training for manufactured equipment.
3. Mechanical Installations: Mechanical installation services in shipyard and industrial environments, complementary to machining operations.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

IS-Technics provides on-site industrial machining services (turning, milling, reaming, drilling, grinding, honing, threading) performed directly at customer facilities to minimize production stoppages, and designs/manufactures customized maintenance and production machinery with turnkey on-site maintenance contracts. The company serves enterprise industrial customers in power generation, oil refining, paper/pulp, and offshore/shipyard sectors worldwide.

Product overview

IS-Technics offers two core industrial services: On-site Machining and Machine Production. On-site Machining provides demanding machining operations (turning, milling, reaming, drilling, grinding, honing, threading) performed directly at customer facilities to minimize production downtime. Machine Production involves custom design and manufacturing of maintenance and production equipment. Both services target industrial customers requiring specialized machining solutions for power plants, refineries, paper mills, and offshore facilities. The company operates globally from Finland and emphasizes specialized methods developed for industrial maintenance needs.

Differentiator

Problem solved

Functional benefit

Products and services

• On-site Machining On-site industrial machining services including turning, milling, reaming, drilling, grinding, honing, and threading performed directly at customer facilities to minimize production downtime and reduce logistics costs. Targeted at industrial maintenance operators across power plants, refineries, paper mills, and offshore/shipyard facilities.
• Machine Production Custom design and manufacturing of maintenance and production machinery and equipment, including turnkey on-site maintenance contracts and personnel training for the manufactured equipment. Targeted at industrial customers needing specialized custom machines.
• Mechanical Installations Mechanical installation services delivered in shipyard and industrial environments, complementary to the firm's on-site machining operations. Targeted at shipyards, offshore operators, and industrial maintenance customers requiring mechanical fit-out alongside machining work.

Quantifiable outcome

• Work completed up to 50% faster than competitors
• +2 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Caverion FinlandmajorStrategic or Co-development Partner · 31 March 2026Caverion Finland and IS-Technics Oy signed an agreement for Caverion to acquire IS-Technics' business focused on demanding onsite machining and mechanical installations in shipyard and industrial environments. Asset transfer effective April 1, 2026. The acquired business generates approximately EUR 2 million in annual revenue and includes eight transferring employees with around 30 longstanding industrial customers. This acquisition complements Caverion's existing service offering in industrial maintenance and investment projects.

Scale indicators5 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Andritz: Austrian industrial machinery and services group with strong pulp & paper, hydropower, and metal forming service offerings; comparable in serving UPM, Stora Enso, and similar paper-mill customers with on-site maintenance and equipment services.
• Wärtsilä: Finnish global leader in smart technologies and lifecycle services for marine and energy markets; provides industrial services, maintenance, and field machining for power generation and offshore customers overlapping with IS-Technics' core verticals.
• Voith: German global technology group providing industrial services, maintenance, and components for hydropower, paper, and drive technology; comparable through its paper-machine and power plant services that overlap with IS-Technics' paper/pulp and power generation work.
• Konecranes: Finnish global leader in lifting equipment and port solutions with industrial maintenance and field service operations; comparable as another Finnish-headquartered industrial services firm serving global manufacturing and process industry customers.
• Atlas Copco: Swedish global industrial group providing compressors, vacuum solutions, and industrial tools along with related service contracts; comparable through its industrial service and on-site tooling offering for manufacturing and process industry customers.
• Sulzer: Swiss global industrial engineering and services company providing on-site machining, field services, and rotating equipment maintenance for power, oil & gas, and process industries — directly overlapping with IS-Technics' on-site machining and field machining service offering.
• Metso: Finnish-headquartered global industrial leader in mining, aggregates, and metal refining equipment and services; comparable as a Nordic industrial services and machinery player serving similar process-industry customers with field maintenance needs.
• Sandvik: Swedish engineering group providing metal cutting tools, mining and rock excavation equipment, and related services; adjacent comparable through its machining tools and field service capability for industrial customers.

Direct peers

• CLIMAX Portable Machine Tools: US-based manufacturer of portable/on-site machining, welding, and valve testing equipment used for in-place industrial machining and maintenance — directly comparable technology category to IS-Technics' self-developed on-site machining equipment and methods.
• Caverion: Finnish/Nordic industrial services and facility solutions provider; directly comparable as IS-Technics' recent acquirer of its on-site machining business unit, with overlapping industrial maintenance, mechanical installation, and lifecycle services for power, paper, and process industry customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/is-technics-oy

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 IS-Technics