Olympic Precision Machining

What Olympic Precision Machining does

Olympic Precision Machining (OPM), SRL is a Costa Rica-based contract manufacturer founded in 1996 as a jointly owned subsidiary of William Smith Enterprises, operating from the Metropolitana Free Zone in Barreal de Heredia. The company provides precision CNC machining services to enterprise OEMs in aerospace, telecommunications, medical, industrial, broadcasting, and consumer industries, with capabilities including HERMLE 5-axis and HAAS 4-axis milling, tolerances as tight as ±0.0002 inches, and 24/7 operations delivering over 8,000 machining hours per month. Its product portfolio spans machined components in metals (titanium, inconel, stainless steel, aluminum) and engineering plastics, alongside in-house rack plating and finishing services (since 2003/2005), and kitted/assembly services.

The company's revenue model is B2B contract manufacturing with quote-based pricing determined by part complexity, materials, volumes, and finishing requirements; revenue streams include precision CNC machining services, plating and finishing services, and assembly services delivered to named enterprise customers including William Smith Enterprises, L-3 Communications (Narda Microwave East), and Knowledge Ventures LLC. OPM maintains EN/AS 9100:2018 aerospace quality certification (recertified by AENOR in 2023) and RoHS compliance, supporting its positioning as a qualified supplier to regulated industries. The go-to-market is enterprise field sales targeting major OEMs and worldwide primary manufacturers, leveraging Costa Rica's Free Trade Zone benefits, shorter North American transit times, and lower labor costs relative to US-based competitors.

In February 2023, OPM launched the proprietary OPM MetalSys production management system for parts inventory control, batch tracking, production metrics capture, and efficiency reporting. Recent strategic activity (2023) includes participation in the Procomer supply chain acceleration program, the Encadenados Free Trade Zone event, and the BTM 2023 business roundtable, alongside corrective action processes for EN/AS 9100:2018 recertification nonconformities. The company operates with 51-100 employees and has no disclosed AI/ML capabilities, reflecting a traditional precision manufacturing model augmented by internal digital tooling.

Name

Olympic Precision Machining

Legal name

Olympic Precision Machining (OPM), SRL

Website

https://opmachining.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

51–100 employees

Short description

Olympic Precision Machining is a Costa Rica-based contract manufacturer providing precision CNC machining, in-house plating, and assembly services to enterprise OEMs in aerospace, telecommunications, medical, and industrial sectors.

Ownership category

akta.pro rank

Product category

Precision CNC Machining Services

NAICS

Aerospace Product and Parts Manufacturing (33641), Metalworking Machinery Manufacturing (33351)

SIC

Machine Tools, Metal Cutting Types (3541), Coating, Engraving & Allied Services (3470)

akta.pro industry

PRIMARYIMAHADAA

CNC Machine Tools (Turning, Milling, Machining Centers)

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

SECONDARYIMABAEAI

Tooling, Jigs, Fixtures & Molds for Airframe/Composite Manufacturing

Industrials, Manufacturing & Construction/Aerospace & Defense Manufacturing/Aerospace Structures, Airframes & Composites

Keywords

• CNC machining services
• Precision contract manufacturing
• Aerospace component machining
• Rack plating services
• Medical device machining

Headquarters

HQ city

Barreal

HQ country

Costa Rica

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Infrastructure

Revenue model

1. Precision CNC Machining Services: Contract manufacturing of precision components for aerospace, telecommunications, medical, industrial, broadcasting, and consumer industries. Revenue generated through production contracts for custom precision parts machined from metals and plastics.
2. Plating and Finishing Services: In-house rack plating and coating services offered as value-added capability to complement machining operations, reducing need for subcontracted finishing.
3. Assembly Services: Kitted component supply and full product assembly services, providing complete turnkey manufacturing solutions from raw material procurement to finished product delivery.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Olympic Precision Machining is a Costa Rica-based contract manufacturer providing precision CNC machining services to aerospace, telecommunications, medical, broadcasting, industrial, and consumer OEMs. It operates CNC milling and turning centers, in-house rack plating and finishing, and assembly capabilities, delivering custom precision components from metals and specialty plastics under EN/AS 9100:2018 quality management.

Product overview

Olympic Precision Machining is a contract manufacturing company offering precision CNC machining services to aerospace, telecommunications, medical, broadcasting, industrial, and consumer sectors. The company operates a vertically integrated model with three core service lines: CNC Machining Services (featuring CNC milling and turning with tolerances to ±0.0002 inches and 8,000+ monthly machining hours), Plating and Finishing Services (established 2005, rack plating applications), and Assembly Services (kitted components and full product assembly). These services are delivered through a portfolio of industry-specific product categories including Aerospace Parts, Telecommunication Parts, Medical Parts, Broadcasting Parts, Industrial Parts, and Consumer Parts. The company also operates OPM MetalSys, an internal manufacturing operations management system launched in February 2023 for inventory control, production metrics, and operational efficiency monitoring.

Differentiator

Problem solved

Functional benefit

Products and services

• CNC Machining Services Precision CNC milling and turning services using leading technological equipment including HERMLE 5-axis milling centers and HAAS 4-axis machining centers, operating 24 hours per day, 7 days per week with machining capacity exceeding 8,000 hours per month. Capabilities include multi-surface machining with live tooling and tolerances as tight as ±0.0002 inches for aerospace, telecommunications, and medical OEMs.
• Plating and Finishing Services In-house rack plating and coating services specializing in various chemical processes for different applications, reducing delivery time and cost by decreasing subcontracted finishing operations. RoHS compliant finishing processes.
• Assembly Services Kitted component supply and full product assembly services providing complete turnkey manufacturing solutions from raw material procurement to finished product delivery, minimizing handling, storage, variable production costs, and carrying costs.

Quantifiable outcome

• Machining capacity exceeding 8,000 hours per month with 24/7 operations
• +2 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Costa Rica Aerospace ClustercoreStrategic or Co-development PartnerIndustry association partnership supporting aerospace sector development in Costa Rica
• ProcomercoreStrategic or Co-development PartnerPromotora de Comercio Exterior de Costa Rica - trade promotion agency supporting international commerce
• Cámara de Industrias de Costa RicaminorStrategic or Co-development PartnerCosta Rican Chamber of Industries representing manufacturing sector interests
• IntecominorStrategic or Co-development PartnerInstituto de Normas Técnicas de Costa Rica - national standards organization

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Spirit AeroSystems: Tier-one aerostructures manufacturer producing fuselage, wing, and propulsion components for commercial and defense aircraft. Comparable to OPM as a major aerospace parts manufacturer but operates at a different scale and vertical integration level, focused on large structural assemblies rather than precision components.
• Howmet Aerospace: NYSE-listed global leader in engineered metal products including precision castings, forgings, and fasteners for aerospace, transportation, and industrial markets. Comparable to OPM in aerospace precision components but operates at vastly greater scale with much broader product portfolio and customer base.
• Precision Castparts Corp: Berkshire Hathaway-owned large-scale manufacturer of complex metal components and assemblies for aerospace, power, and industrial markets. Comparable to OPM in aerospace precision manufacturing but operates at massive scale across a much broader product portfolio including casting, forging, and fastener production.
• HEICO: NYSE-listed aerospace and electronics company manufacturing FAA-approved aircraft replacement parts and precision components. Comparable to OPM in serving aerospace aftermarket and OEM with precision machined parts, but at significantly larger scale and broader product scope.
• Ducommun: NYSE-listed provider of engineered products and innovative manufacturing services for aerospace, defense, and industrial markets including precision machined components, assemblies, and electronic systems. Comparable to OPM in aerospace precision manufacturing but with broader capabilities and larger footprint.

Direct peers

• Protolabs: Digital contract manufacturer offering on-demand CNC machining, injection molding, and sheet metal services to aerospace, medical, and industrial OEMs. Most direct comparable to OPM in service offering (precision CNC machining for demanding industries) though at much larger scale and via an online platform.
• Stratasys Direct Manufacturing: On-demand digital manufacturing services including CNC machining, additive manufacturing, and injection molding serving aerospace, medical, and industrial customers. Comparable to OPM in providing precision contract manufacturing across multiple verticals with aerospace and medical focus.
• Hubs: Online manufacturing services platform (formerly 3D Hubs) offering CNC machining, injection molding, and 3D printing globally. Directly comparable to OPM in CNC machining service offering for industrial customers, with similar vertical exposure and on-demand production model.
• Xometry: On-demand manufacturing marketplace connecting buyers with CNC machining, sheet metal, and finishing suppliers. Closely comparable business model to OPM in terms of precision CNC machining services for industrial buyers, with stronger digital marketplace layer.
• Fictiv: Digital manufacturing platform focused on CNC machining, 3D printing, and sheet metal for hardware developers across aerospace, robotics, and medical devices. Overlaps directly with OPM in precision CNC machining for high-spec verticals, though operating model is marketplace-driven rather than in-house production.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Olympicprecisionmachining
• LinkedInlinkedin.com/company/opmachining

Compliance2 records

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 Olympic Precision Machining