Spencer Machine & Tool Co.

What Spencer Machine & Tool Co. does

Spencer Machine & Tool Co. is a privately held, veteran-owned industrial machine shop founded in 1985 by Glenn Spencer and headquartered in a manufacturing facility built in 1993 at 6205 Gheens Mill Road, Jeffersonville, Indiana. The company provides precision machining, welding, line boring, gear reducer and pump repair, preventive maintenance, and on-site mobile repair services to industrial customers primarily in Southern Indiana and Kentucky. Its core technical capability is anchored by heavy-duty capital equipment including a 5" CNC horizontal boring mill (72"x120" travel, 12.5-ton capacity), a VICTOR lathe (60" swing, 20' between centers), a Kent CNC KLR20 Turning Center, and a 20-ton overhead crane, enabling large-scale work that regional competitors are documented as unable to accommodate. The firm is NIMSHA and TWIC compliant, allowing it to serve safety-regulated and port-adjacent industrial sites.

The company generates revenue through job-based professional services pricing on a quote-per-project basis, with free estimates offered to attract customers and 24/7 emergency service provided to industrial accounts. Its go-to-market is enterprise field sales driven by direct relationships and word-of-mouth referrals, targeting quarries, mills, engineering firms, logistics and transportation companies, and the automotive sector. Beyond the core machine shop business, Spencer operates a wholly-owned subsidiary, Spencer Strainer, which sells strainer products and equipment as a separate product line. Headcount has quadrupled since founding from 3 to approximately 12 employees, and the firm has invested over $1 million in equipment and facility expansion. No external funding, public listing, or institutional ownership is reported; ownership and operational control remain with the Spencer family.

Name

Spencer Machine & Tool Co.

Legal name

Spencer Machine & Tool Co.

Website

https://spencermachine.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

11–50 employees

Short description

Spencer Machine & Tool Co. is a veteran-owned industrial machine shop in Jeffersonville, Indiana, founded in 1985, providing CNC machining, welding, line boring, and on-site repair services to quarries, mills, logistics firms, and heavy industrial customers across Southern Indiana and Kentucky.

Ownership category

akta.pro rank

Product category

Industrial Machine Shop Services

NAICS

Machine Shops (332710)

SIC

General Industrial Machinery & Equipment (3560)

akta.pro primary industry

Metal Cutting Tools, Tooling & Workholding (Cutters, Inserts, Chucks, Fixtures) (IMAHADAB)

Keywords

• Industrial machining services
• CNC milling turning
• Welding fabrication
• Line boring service
• Equipment repair maintenance

Headquarters

HQ city

Jeffersonville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Industrial Machine Shop Services: Job shop providing machining, welding, line boring, gear reducer/pump repair, preventive maintenance, and on-site service for industrial equipment. Revenue is generated through service fees for repair and fabrication work. The company emphasizes emergency 24-hour service and free estimates to attract customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Spencer Machine & Tool Co. is an industrial machine shop providing CNC and conventional machining, certified welding, line boring, gear reducer and pump repair, preventive maintenance, and 24/7 on-site mobile repair services for industrial customers. The company serves quarries, mills, engineering firms, logistics operators, and manufacturers with oversized machining capacity (up to 30' work length, 60" swing, 12.5-ton tables) that competing shops cannot accommodate.

Product overview

Spencer Machine & Tool Co. is an industrial machine shop providing a comprehensive suite of manufacturing and repair services. The company operates as a single-service business model with multiple specialized service offerings: Gear Reducer and Pump Service, Line Boring, Machining (CNC and conventional), Welding, On-Site Service, and Preventive Maintenance. The company has invested over $1 million in equipment including a 5" CNC boring mill with 12.5-ton capacity, a VICTOR lathe (60" swing, 20' between centers), Kent CNC KLR20 Turning Center, surface grinder, and 20-ton overhead crane. Additionally, the company offers Spencer Strainer products through a separate sales division. Services are offered 24/7 with emergency response capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Gear Reducer and Pump Service Repair and maintenance service for industrial pumps and gear reducers, including 24-hour emergency service, parts procurement, and diagnostics for all makes and models. Targeted at industrial customers with pump and gear reducer assets.
• Line Boring Precision line boring service handling items from 1.5" to 12" diameter, performed both on-site at customer facilities and in-house at the Jeffersonville shop, backed by over 30 years of experience.
• Machining CNC and conventional machining services utilizing a CNC boring mill, 60" swing CNC lathe with 20' between centers, Bridgeport mill, Kent CNC turning center, surface grinder, radial arm drill press, and a 20-ton overhead crane for oversized work.
• Welding Certified welding services covering MIG, TIG, arc, gas welding, plasma cutting, and brazing for materials including aluminum, steel, stainless steel, cast iron, Monel, Hasteloy, and plastic, available on-site or in-house.
• On-Site Service Mobile industrial repair services including line boring, machining, welding, fabrication, portable equipment, and precision equipment alignment delivered at customer premises, with NIMSHA and TWIC compliance.
• Preventive Maintenance Routine preventive maintenance inspections for pumps, blowers, gear reducers and other equipment, including written evaluations and recommendations to prevent future issues.
• Spencer Strainer Strainer products and equipment offered through the wholly owned Spencer Strainer subsidiary division, marketed separately via spencerstrainer.com.

Quantifiable outcome

• Quadrupled in size since founding with 3 employees

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Hayes Manufacturing Services: Contract machining and manufacturing services for industrial customers, with multi-axis CNC and large-part capability analogous to Spencer's CNC boring mill and lathe operations.
• Master Machine & Tool Co. Independent regional machine shop providing CNC machining and repair services to industrial customers; directly analogous service mix and target customers to Spencer.
• T.H. Marsh & Company: Industrial machining and contract manufacturing services for heavy industry, including custom fabrication and large-part machining — directly comparable to Spencer's CNC machining and fabrication offerings.
• Component Repair Technologies: Industrial component repair, machining, and welding services for heavy equipment users — overlapping directly with Spencer's gear reducer/pump repair, line boring, and certified welding service lines.
• Trimark Manufacturing: Custom machining and metal fabrication shop serving industrial OEMs — directly comparable in offering (CNC machining, fabrication) and customer base (industrial manufacturing).
• Hub Industrial Group: Industrial maintenance, machining, and on-site repair services for energy and industrial customers — comparable business model of mobile repair plus shop machining.

Broad incumbents

• Belcan: Larger engineering, manufacturing, and industrial services firm operating broadly across machining, fabrication, and on-site technical services — same industrial-services category as Spencer but at national scale.

Emerging players

• Field Service Solutions: Provider of on-site industrial field services including machining and welding — overlaps with Spencer's mobile on-site service line and same-day/emergency model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/spencermachineandtool
• LinkedInlinkedin.com/company/spencer-machine

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 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 Spencer Machine & Tool Co.