Progress Manufacturing Inc

What Progress Manufacturing Inc does

Progress Manufacturing Inc (PMI) is a privately held contract manufacturer founded in 1995 and headquartered in a single facility at 110 E Progress Dr, West Bend, Wisconsin. The company provides precision CNC machining and custom metal fabrication services, organized around two integrated service lines: Precision CNC Machining (3-axis CNC milling with tolerances up to 0.0005", CNC turning with live tooling and twin turret/spindle, saw cutting, and broaching) and Welding & Fabrication (MIG, TIG, and robotic welding; 4000W CO2 laser cutting up to 1/2" thickness; and 80-ton press brake forming). Materials worked include carbon steel, alloy steel, stainless steel, aluminum, and plastics, with project scope spanning prototypes through full-scale production runs.

PMI serves two primary customer segments: industrial manufacturers needing precision components and custom fabrications, and defense and aerospace buyers requiring ITAR-compliant handling of technical drawings. The company differentiates through ITAR compliance paired with an Amazon GovCloud-backed Smart RFQ system that supports secure file uploads and a stated 24-hour quote turnaround. Distribution is direct-to-customer via the company website, with active LinkedIn and Facebook profiles supporting top-of-funnel presence and an active careers page indicating ongoing hiring.

The revenue model is project-based contract manufacturing with custom quote-based pricing and no publicly disclosed rates or recurring contracts. No institutional investors, funding rounds, parent entities, or acquisitions are disclosed in the input data, and ownership commentary indicates the business is independently and likely family-controlled. No patents, formal certifications beyond ITAR, or partnership/alliance arrangements are disclosed.

Name

Progress Manufacturing Inc

Legal name

Progress Manufacturing Inc

Website

https://pmimfg.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

Progress Manufacturing Inc is a West Bend, Wisconsin contract manufacturer founded in 1995 that provides precision CNC machining, welding, laser cutting, and metal fabrication for industrial manufacturers and ITAR-compliant defense and aerospace customers via direct, quote-based project work.

Ownership category

akta.pro rank

Product category

Precision Contract Manufacturing

NAICS

Machine Shops (332710)

SIC

Miscellaneous Fabricated Metal Products (3490), Sheet Metal Work (3444)

akta.pro primary industry

CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)

akta.pro secondary industry

Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)

Keywords

• CNC machining services
• Precision fabrication
• Contract manufacturing
• Custom metal fabrication
• ITAR-compliant machining

Headquarters

HQ city

West Bend, Wisconsin

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Contract Manufacturing Services: Custom precision machining and fabrication services billed per project/job. Customers submit designs and specifications; PMI manufactures components to order. Pricing determined via quote requests. Revenue is project-based and non-recurring per contract.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Progress Manufacturing Inc is a contract manufacturer that produces precision CNC machined components and custom metal fabrications to customer specifications. Services span CNC milling, CNC turning, saw cutting, and broaching, alongside MIG/TIG/robotic welding, 4000W CO2 laser cutting, and 80-ton press brake forming, handling materials such as carbon steel, alloy steel, stainless steel, aluminum, and plastics from prototype through full-scale production. Customers engage via an ITAR-compliant web quoting system (Smart RFQ) and receive detailed quotes within 24 hours.

Product overview

Progress Manufacturing Inc (PMI) is a contract manufacturing company founded in 1995, based in West Bend, WI, offering precision CNC machining and expert fabrication services. The company's core product portfolio consists of two integrated service lines: Precision CNC Machining (encompassing CNC Milling, CNC Turning, Saw Cutting, and Broaching) and Welding & Fabrication (including MIG/TIG/Robotic Welding, Laser Cutting, and Forming). These capabilities are supported by a Project Showcase for displaying completed work and a Smart RFQ web-based quoting system. PMI serves customers from prototype through full-scale production, handling components from carbon steel, alloy steel, stainless steel, aluminum, plastics, and other materials.

Differentiator

Problem solved

Functional benefit

Products and services

• Precision CNC Machining Custom precision CNC machining services for industrial and defense/aerospace customers needing tight-tolerance components. Includes CNC milling (3-axis vertical, 50" x 22" envelope, 2,000 lb capacity, tolerances up to 0.0005"), CNC turning with live tooling, twin turret, twin spindle, and up to 10" diameter, saw cutting up to 16" square and 24 feet long, and broaching for keyways, splines, and special features. Materials include carbon steel, alloy steel, stainless steel, aluminum, and plastics, from prototype to full-scale production.
• Welding & Fabrication Custom metal fabrication services for industrial and defense/aerospace customers. Includes MIG, TIG, and robotic welding for steel, aluminum, and stainless steel; 4000 WATT CO2 laser cutting up to 1/2" material thickness; and forming with an 80-ton press brake. Handles projects from custom prototypes to large-scale production.
• Smart RFQ Web-based request-for-quote system that lets customers upload drawings and submit project specifications to receive a detailed manufacturing quote from PMI. Files are handled through an ITAR-compliant process with storage on Amazon GovCloud servers, with quoted turnaround within 24 hours.

Quantifiable outcome

• Detailed quotes within 24 hours

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Emerging players

• Plethora: Plethora operates an online CNC machining service focused on rapid quoting and tight-tolerance production parts. Its model overlaps PMI's CNC milling and turning capabilities for digitally-oriented buyers.
• Star Rapid: Star Rapid provides custom prototyping and low-volume manufacturing services including CNC machining, injection molding, and sheet metal. It is comparable to PMI for buyers seeking project-based custom manufacturing, primarily serving customers outside the U.S. Midwest.

Regional players

• Midwest Machining & Fabricating shops (regional job shops): Independent Midwest CNC and fabrication job shops in Wisconsin, Illinois, and Michigan compete directly with PMI for local industrial and contract manufacturing customers. They offer similar capability sets but vary in scale and digital maturity.

Direct peers

• Protolabs: Protolabs operates an automated, on-demand manufacturing service spanning CNC machining, sheet metal fabrication, and injection molding. It is the most direct digital-first competitor to PMI for low-volume, custom machined and fabricated parts, though at significantly larger scale.
• Fictiv: Fictiv is a digital manufacturing platform focused on CNC machining, injection molding, and sheet metal fabrication for hardware companies. Its technology-driven quoting and partner network compete for the same buyer workflows PMI targets via its Smart RFQ.
• Quickparts: Quickparts provides on-demand CNC machining, injection molding, and 3D printing services with automated quoting. It targets the same prototype-to-production custom parts buyers that PMI serves through its 24-hour quote process.
• Hubs (Protolabs Network): Hubs operates a global manufacturing platform offering CNC machining, sheet metal fabrication, and injection molding with instant quoting. Its capability set directly overlaps PMI's machining and fabrication offering for digital buyers.
• Xometry: Xometry runs an AI-enabled manufacturing marketplace connecting buyers with job shops for CNC machining, sheet metal, and other custom fabrication. PMI's CNC and fabrication services are directly comparable to the supply-side offerings Xometry aggregates.

Broad incumbents

• Precision Castparts Corp (PCC): PCC is a large diversified manufacturer of complex metal components for aerospace, defense, and industrial markets. Its precision machining and ITAR-eligible defense supply base sets the upper-bound benchmark for shops serving the same defense buyers PMI targets.
• MetalTek International: MetalTek manufactures high-specification cast and machined metal components for industrial, defense, and aerospace markets. While it operates broader capabilities, its precision machining and defense exposure are comparable to PMI's positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/pmimfg
• LinkedInlinkedin.com/company/pmimfg

Revenue estimate

Valuation estimate

Number of profiles

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 Progress Manufacturing Inc