Top Shops 2012: McCoy
The two prime reasons for this smallish company’s success are establishing an effective process and having a lean manufacturing mindset.
The Importance of the Process when Making a Product
Jeff Daigle started Precision Die Technologies in 2005 with just $22,000 in capital equipment. Now part of McCoy (McCoy Drilling & Completions - Precision Die Technologies), the 30-person operation in which Mr. Daigle is the general manager currently achieves monthly sales of $1.5 million. He's quick to credit David Buck as being a helpful, important mentor early on during the development of the business.
Company Description
McCoy Drilling & Completions - Precision Die Technologies is a business unit of McCoy, which provides products and services as well as mobile solutions to the worldwide energy industry. The division in Broussard, Louisiana, manufactures dies and inserts such as the ones shown to the left. These gripping components are used on hydraulic pipe wrenches called power tongs as well as pipe handling tools used to drill oil wells.
End Markets Served
- Mining
- Oil/Gas
Workpiece Materials Commonly Machined
-
Mild Steels
Contact Information
McCoy Drilling & Completions - Precision Die Technologies
4225 1/2 Highway 90 East
Broussard, Louisiana 70518
Related Content
Same Headcount, Double the Sales: Successful Job Shop Automation
Doubling sales requires more than just robots. Pro Products’ staff works in tandem with robots, performing inspection and other value-added activities.
Read MoreIMTS Conferences - Monday
From innovation, quality and inspection to workforce development and company culture, Monday’s conference schedule has a lot to offer. Hannover Messe USA, the IMTS Conference, IMTS Job Shops and Women Make Manufacturing move all kick off today!
Read More2022 Top Shops Honorees Announced
Modern Machine Shop recognizes excellence in manufacturing with annual Tops Shops awards.
Read MoreBuilding a Better Business: Lessons for Machine Shops From an Unexpected Source
Learning how to be a great manufacturer by listening to the insights of a different industry, homebuilding (which perhaps is not so different after all).
Read MoreRead Next
The Cut Scene: The Finer Details of Large-Format Machining
Small details and features can have an outsized impact on large parts, such as Barbco’s collapsible utility drill head.
Read More3 Mistakes That Cause CNC Programs to Fail
Despite enhancements to manufacturing technology, there are still issues today that can cause programs to fail. These failures can cause lost time, scrapped parts, damaged machines and even injured operators.
Read More