Forbes Precision
Forbes Precision is a Rochester, US-based precision machining services provider offering CNC milling, turning, EDM, and CMM inspection to engineering and manufacturing customers, with ITAR compliance enabling aerospace and defense work.
- Company typePrivate
- Founded-
- HeadquartersRochester, United States
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Forbes Precision does
Forbes Precision is a privately held precision machining services company headquartered in Rochester, United States, operating with a headcount in the 1-10 employee band. The company runs a single integrated job shop offering four core service lines: multi-axis milling, CNC turning, electrical discharge machining (EDM), and inspection/quality assurance, supported by in-house CAD/CAM programming. Milling capacity is built on Doosan DVF-5000, DVF-4000, and DNM-5700 machines, a Mazak Integrex i-200 multi-axis lathe/mill combo, and Haas VF4 (x2) and VF5 vertical machining centers. Turning uses Doosan Lynx and Haas ST30 CNC lathes. EDM capability spans Mitsubishi MV1200R wire EDM and Sodick AM3L sinker EDM, allowing intricate geometries and work in hardened materials. Inspection is performed on Brown & Sharp and Keyence coordinate measuring machines plus a Deltronic Comparator, with CAD/CAM programming across Mastercam, SolidWorks, ESPRITCAM, CAMplete, and Fusion.
The company holds ITAR (International Traffic in Arms Regulations) compliance, which enables it to manufacture controlled parts for US aerospace and defense customers — a credentialed-access segment not available to non-ITAR shops. This capability, combined with 5-axis milling, EDM, and CMM inspection under one roof, positions Forbes Precision as a contract manufacturer for complex-geometry, tight-tolerance parts requiring regulatory clearance rather than a high-volume commodity machining operation.
The business model is a contract manufacturing services model: customers supply drawings/specifications and Forbes Precision produces parts using its equipment fleet. Pricing is not publicly disclosed. The company website functions as a capability catalog and inbound lead channel (contact form), with no e-commerce or transactional commerce features, no app presence, and no disclosed marketing or distribution channels. No customer logos, partnerships, management team, funding history, or revenue figures are disclosed in the available source material, and the operating geographies served are not explicitly stated beyond the Rochester, US base.
Forbes Precision firmographics
Firmographics- Name
- Forbes Precision
- Website
- https://forbesprecision.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Forbes Precision is a Rochester, US-based precision machining services provider offering CNC milling, turning, EDM, and CMM inspection to engineering and manufacturing customers, with ITAR compliance enabling aerospace and defense work.
- Ownership category
- akta.pro rank
Forbes Precision industry classification
Industry- Product category
- Precision Machining Services
- NAICS
- Machine Shops (33271)
- SIC
- Machine Tools, Metal Cutting Types (3541)
- akta.pro primary industry
- CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)
Keywords
Where Forbes Precision is headquartered
LocationHeadquarters
- HQ city
- Rochester
- HQ country
- United States
- HQ region
- North America
Markets served
Forbes Precision business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
Forbes Precision product offering
Product offeringCore offering
Forbes Precision is a precision contract machining shop providing CNC milling, turning, EDM (wire and sinker), and inspection/quality services for engineering and manufacturing customers. The shop operates multi-axis Doosan, Mazak, and Haas CNC equipment together with Mitsubishi wire EDM, Sodick sinker EDM, and Brown & Sharp and Keyence coordinate measuring machines, supported by Mastercam, SolidWorks, ESPRITCAM, CAMplete, and Fusion CAD/CAM programming to deliver complex, tight-tolerance parts including ITAR-controlled aerospace and defense components.
Product overview
Forbes Precision is a precision manufacturing equipment and services company offering a unified suite of CNC machining capabilities. The portfolio centers on four core service lines: Milling Services (featuring Doosan and Mazak multi-axis equipment), Turning Services (Doosan Lynx and Haas ST30 CNC lathes), EDM Services (Mitsubishi Wire EDM and Sodick Sinker EDM), and Inspection/Quality Services (Brown & Sharp and Keyence coordinate measuring systems). These services are supported by CAD/CAM programming capabilities using Mastercam, SolidWorks, ESPRITCAM, CAMplete, and Fusion. The company operates as a single integrated precision machining operation rather than a modular software platform, combining these equipment and software capabilities to deliver complete part fabrication from design through inspection.
Differentiator
Problem solved
Functional benefit
Products and services
- Milling Services
- Turning Services
- EDM (Electric Discharge Machining)
- Inspection and Quality Services
- CAD/CAM Programming
Companies that use Forbes Precision
Customer profileIdeal customer profiles2 records
Forbes Precision technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Forbes Precision partnerships and signals
Strategic signalRecent moves3 records
Expansion highlights3 records
Forbes Precision competitors and assessment
Company assessmentDirect peers
- Xometry: Public marketplace for on-demand CNC machining, sheet metal, and related services. Competes for the same aerospace/defense-adjacent prototype and production work Forbes Precision targets, with a network model that aggregates small job shops.
- Protolabs: Public on-demand digital manufacturer offering CNC machining, sheet metal, and injection molding. Directly competes for prototype and low-volume machined parts of the kind Forbes Precision produces, though at much larger scale.
- Plethora: On-demand precision machining and fabrication services for complex, tight-tolerance parts. Directly comparable in customer profile (engineering/manufacturing buyers needing quick-turn precision parts) and capability mix.
- Fractory: On-demand CNC machining and sheet metal platform serving engineering and manufacturing customers. Comparable business model focused on instant quoting for milled and turned parts of the type Forbes Precision produces.
- Hubs: On-demand CNC machining and manufacturing platform (now part of Protolabs). Competes head-on for prototype and low-volume machined parts and aggregates job-shop capacity similar in capability profile to Forbes Precision.
- Fictiv: On-demand precision parts platform connecting customers with vetted CNC machine shops. Directly comparable in that Fictiv's supply base consists of job shops offering the same milling/turning/EDM services as Forbes Precision.
Broad incumbents
- Precision Castparts Corp. Large diversified aerospace components manufacturer (Berkshire Hathaway). Competes for adjacent aerospace/defense machining work but with a portfolio spanning castings, forgings, and fasteners at global scale.
- GKN Aerospace: Tier 1 aerospace structures and engine components supplier (part of Melrose Industries). Overlaps with Forbes Precision's aerospace/defense target market, but operates at vastly larger scale across a much broader portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
Forbes Precision social profiles
Digital presenceForbes Precision compliance and trust
Trust signalCompliance1 record
Forbes Precision financial estimates
Financial estimateRevenue estimate
Valuation estimate
Forbes Precision leadership team
Management profileNumber of profiles
Forbes Precision funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Forbes Precision M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Forbes Precision
What does Forbes Precision do?
Forbes Precision is a precision contract machining shop providing CNC milling, turning, EDM (wire and sinker), and inspection/quality services for engineering and manufacturing customers. The shop operates multi-axis Doosan, Mazak, and Haas CNC equipment together with Mitsubishi wire EDM, Sodick sinker EDM, and Brown & Sharp and Keyence coordinate measuring machines, supported by Mastercam, SolidWorks, ESPRITCAM, CAMplete, and Fusion CAD/CAM programming to deliver complex, tight-tolerance parts including ITAR-controlled aerospace and defense components.
When was Forbes Precision founded?
Forbes Precision was founded in -1. It employs 1 to 10 people.
Where is Forbes Precision based?
Forbes Precision is headquartered in Rochester, United States, in the North America region.
Who are Forbes Precision's main competitors?
Direct peers on record are Xometry, Protolabs, Plethora, Fractory, Hubs and Fictiv. Broad incumbents are Precision Castparts Corp. and GKN Aerospace.
Does Forbes Precision have an API?
No public API is recorded for Forbes Precision.
What industry is Forbes Precision in?
Forbes Precision's product category is Precision Machining Services. Its primary akta.pro industry code is IMAHADAA, CNC Machine Tools (Turning, Milling, Machining Centers). Its NAICS code is 33271 and its SIC code is 3541.