Betar

What Betar does

Betar, Inc. is a privately held precision machining job shop founded on September 5, 1968, and headquartered in a state-of-the-art facility at 100 Randolph Road, Somerset, New Jersey. The company specializes in deep hole drilling and gundrilling, precision honing, turning and milling, surface grinding, equipment build and repair, and custom machining and design services for industrial customers. Technical capabilities include drilling diameters from 0.078 inches up to 3 inches and depths up to 180 inches, honing tolerances of ±0.0002 inches with surface finishes to 4 RMS, turning up to 75-inch swing and 236-inch length, and handling parts weighing up to 8,000 lbs across metals, plastics, ceramics, and graphite including exotic alloys such as Inconel, Monel, and Kovars. The company is ISO 9001:2015 certified (May 2023) and serves ten end-markets including aerospace, defense, medical devices, energy, machine tool, nuclear, pharmaceutical, transportation/automotive, agricultural, and food manufacturing.

Betar generates revenue through a quote-based, project-by-project professional services model with a minimum order quantity of one unit and rush services available for short-turnaround jobs. Approximately 75% of work originates from referrals of existing clients and contacts made at trade shows, supplemented by a website-based Rapid Quote Request form that captures specifications, files, and service selection. Distribution is direct-to-customer (enterprise buyers), with no third-party resellers, and operations are confined to the United States. The company is led by President John Lohse and has operated continuously for over 50 years without external venture capital or private equity involvement.

Following a 2012 relocation to a facility with double the floor space, Betar reports a 35% increase in productivity and a 35% improvement in effectiveness with fewer staff, while the President characterizes revenues as having grown steadily over many years. The business is a member of NTMA and NJTMA and is involved in developing Advanced Manufacturing curriculum at community colleges, signaling investment in workforce pipeline development as a foundation for continued operational scaling.

Name

Betar

Legal name

Betar, Inc.

Website

https://betar.net

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

11–50 employees

Short description

Betar, Inc. is a privately held precision machining job shop in Somerset, New Jersey, offering deep hole drilling, honing, turning, milling, surface grinding, and equipment repair services to industrial customers across aerospace, defense, medical, and other regulated industries. Founded in 1968, the company operates on a quote-based, project-by-project model with approximately 75% of work from referrals.

Ownership category

akta.pro rank

Headquarters

HQ city

Somerset

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Custom Machining Services: Job-shop style precision machining services billed on a project-by-project basis. Services include deep hole drilling, honing, turning, milling, surface grinding, and equipment repair. Pricing is quote-based with rush services available.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Betar is a precision machining job shop offering deep hole drilling (gundrilling), precision honing, turning, milling, surface grinding, and equipment build/repair services. The company machines parts in metals, plastics, ceramics, and graphite for industrial customers, handling hole diameters from 0.078\" up to 3.000\" and depths up to 180 inches. Work is billed on a project-by-project basis with rush turnaround available from a Somerset, New Jersey facility.

Product overview

Betar, Inc. is a precision manufacturing company offering a unified suite of machining services from its state-of-the-art facility in Somerset, NJ. The company's core offerings include Deep Hole Drilling Services (gundrilling), Precision Honing Services, Turning and Milling Services, Surface Grinding Services, Equipment Build and Repair Services, and Custom Machining and Design Services. These services are designed to work together to provide complete machining solutions from start to finish, with capabilities to handle small prototype quantities as well as full-scale production runs. Each service can be tailored to customer specifications and often multiple services are combined on a single project.

Differentiator

Problem solved

Functional benefit

Products and services

• Deep Hole Drilling Services

Quantifiable outcome

• 35% increase in productivity since 2012 facility move
• +4 more outcomes

Segments10 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered minor.

• NTMA (National Tooling and Manufacturing Association)minorOthersBetar is a member of NTMA, the National Tooling and Manufacturing Association. This membership provides industry networking, advocacy, and resources for precision machining companies.
• NJTMA (New Jersey Technology and Manufacturing Association)minorOthersBetar is a member of NJTMA, the New Jersey Technology and Manufacturing Association. This regional membership provides industry connections and resources in New Jersey.

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Others

• Kennametal Inc. Global manufacturer of metal cutting tools and engineered solutions serving aerospace, defense, and general industrial customers. Adjacent to Betar as a tooling and machining solutions provider serving the same aerospace, defense, and industrial end markets.
• Sandvik Coromant: Division of Sandvik AB manufacturing metal cutting tools, machining solutions, and tooling systems. Adjacent to Betar as a tooling solutions provider whose customers include the same aerospace, defense, and industrial machining end users.

Broad incumbents

• Howmet Aerospace: Major aerospace components manufacturer producing precision castings, fasteners, and structures for aircraft engines and airframes. Overlaps with Betar in serving aerospace with precision components, though operates at significantly larger scale as a vertically integrated manufacturer.
• Precision Castparts Corp: Berkshire Hathaway-owned aerospace components manufacturer producing precision investment castings and machined parts for aerospace and industrial markets. Comparable to Betar in serving aerospace with precision components, but at substantially larger scale.
• Triumph Group: Aerospace structures and systems manufacturer providing precision machined and assembled components. Competes for similar aerospace customer programs as Betar, but operates at significantly larger scale with broader product breadth.
• Moog Inc. Designer and manufacturer of high-precision motion control products and systems for aerospace, defense, and industrial markets. Comparable to Betar in serving aerospace and defense with precision-engineered components requiring tight tolerances.

Direct peers

• Aero Metals Inc. US precision machining company based in Wichita, KS serving aerospace and defense customers with custom machined components. Directly comparable to Betar as a contract precision machining job shop serving the same aerospace and defense customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/BetarDrilling

Compliance1 record

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 Betar