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Video: Shifting into Shop Ownership
Mike Budde, owner of Budde Precision Machining, shares his experience with buying a machine shop and what he’s learned in his two years of shop ownership.
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A medical device maker establishes a center of excellence for product and process development in which additive manufacturing and CNC machining both challenge and complement one another.
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As a new owner takes over a tooling shop, he must balance the company’s foundation with his goal of expanding the shop’s capacity to also take on production work.
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The transition into Swiss-type machining at Deking Screw Products required more than just a shift in production operations. It required a new mindset and a new way running the family-owned business. Hardest of all, it required that one generation let go, and allow a new one to step in.
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