Maytex Machine Ltd

What Maytex Machine Ltd does

Maytex Machine Ltd. is a privately held CNC machining job shop founded in 2000 and headquartered in Edmonton (Sherwood Park), Alberta. The company operates a single 30,000+ sq. ft. facility equipped with Mazak CNC lathes (QuickTurn series 250-II through 450-II M), Mazak vertical machining centers (VC 510C, VC 510C-II), a Weiler E50 CNC lathe, and supporting manual mills, lathes, bandsaws, and metrology tooling. Materials processed include aluminum, steel, and titanium alloys. The company holds ISO 9001:2015 certification (since 2019) through BSI Group Canada, an ANAB and Standards Council of Canada accredited certifying body (certificate FS-699758).

The business model is project-based contract machining: customers (predominantly Western Canadian oil and gas service companies such as Weatherford Completions, Packers Plus, Cougar Drilling Solutions, and Modern Wellbore Solutions, plus selected industrials customers like Norquest Industries and Armor Machining Services) submit quote requests and Maytex produces custom machined parts, tools, and equipment. Pricing is per-job and not publicly disclosed. Go-to-market is sales-led and direct, relying on the company website, inbound quote requests, and incumbent relationships. Revenue is concentrated in the Canadian energy sector with stated intent to broaden into the broader industrials and materials industry.

Maytex Machine generates revenue through one-off machining projects rather than recurring subscriptions or licenses, with contract cadences that span multi-year engagements. The company has no disclosed parent, no institutional capital, and no subsidiaries. Alliances with external engineering and material services providers extend the offering without in-house headcount. The company remains privately held, operating as a single-site independent machine shop with no public listing, no VC/PE backing, and no disclosed M&A activity.

Name

Maytex Machine Ltd

Legal name

Maytex Machine LTD.

Website

https://maytexmachine.ca

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Custom CNC Machining Services

NAICS

Machine Shops (332710), Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing (3327)

SIC

Machine Tools, Metal Cutting Types (3541)

akta.pro primary industry

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

Keywords

• CNC machining services
• Precision machined parts
• Oil and gas machining
• Custom machine shop
• CNC turning and milling

Headquarters

HQ city

Edmonton

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. CNC Machining Services: Job shop providing custom CNC machining services for machined parts, tools, and equipment. Revenue is generated through project-based machining work, likely quoting jobs based on complexity, materials, and specifications. Primarily serves the energy sector with a focus on oil and gas related products.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Maytex Machine is a full-sized CNC machine shop that produces custom precision machined parts, tools, and equipment for the energy (oil and gas) and industrials sectors. Operations are performed on Mazak CNC lathes and vertical machining centers, complemented by manual machining, sawing, and measurement capabilities, with allied value-added engineering and material services.

Product overview

Maytex Machine is a full-sized CNC machine shop operating as a single unified service offering rather than a platform-plus-modules architecture. The core product is CNC machining services (including CNC turning and milling operations on Mazak lathes and vertical machining centers), complemented by manual machining capabilities (manual lathes and mills), with allied value-added engineering and material services available through external service providers. The company specializes in producing machined parts, tools, and equipment primarily for the energy sector (oil and gas) with expansion into broader industrials and materials industries. The facility spans over 30,000 sq. ft with capacity for handling various materials including Aluminum, Steel, and Titanium alloys.

Differentiator

Problem solved

Functional benefit

Named customers6 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

Feature3 records

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Kennametal: Global tooling and metalworking solutions provider with deep involvement in machining workflows. Comparable as a broad incumbent whose products and services surround CNC machining operations similar to Maytex's.
• Russel Metals: Large Canadian metals and industrial products distributor that supplies many of the same industrial customers Maytex serves. Comparable as a broad incumbent spanning metal products and adjacent industrial services.
• Haas Automation: Large US-based CNC machine tool manufacturer producing lathes, machining centers, and mills used by job shops worldwide. Comparable as a broad incumbent defining the equipment base of the CNC machining industry.
• Wajax Corporation: Canadian industrial equipment and service distributor with broad exposure to machining, materials handling, and industrial customers. Comparable as a much larger incumbent in the broader Western Canadian industrial services market.
• Hardinge: Manufacturer of precision CNC lathes, machining centers, and grinding equipment. Comparable as an incumbent equipment maker whose machines underpin precision turning and milling service providers.
• DMG MORI: Leading global manufacturer of CNC machine tools including turning and milling centers. Comparable as the incumbent supplier of the type of capital equipment Maytex uses to deliver its services.

Others

• Mazak: Japanese CNC machine tool manufacturer and Maytex's primary equipment supplier (Mazak QuickTurn lathes and VC machining centers). Comparable as an enabling ecosystem participant rather than a direct competitor.

Direct peers

• Armor Machining Services: Western Canadian CNC machining shop also operating as a competitor in the same regional job-shop market. Listed as a Maytex customer, indicating they also buy in similar capabilities while likely competing for overlapping work.
• Bayou Companies: US-based manufacturer of precision-machined components for oil & gas completions and downhole tools. Directly comparable in terms of serving energy services customers with custom machined parts.
• Norquest Industries: Alberta-based industrial services and machining provider serving the same Western Canada energy and industrials customer base. Direct peer given overlapping geographies, customer segments, and machining-service offering.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/maytexmachine
• LinkedInlinkedin.com/company/maytex-machine

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 Maytex Machine Ltd