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Succession Planning
Legacy After Loss: Writing the Next Chapter of a Family-Owned Machine Shop
When a beloved machinist’s passing left his shop in his children’s hands, the three siblings stepped up, transforming the business to honor his legacy and build a new future.
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Kyocera SGS Precision Tools Announces Leadership Succession
Tomoaki Hirano, currently serving as executive vice president and chief strategy officer, will succeed Tom Haag as president beginning July 1, 2025.
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Index Announces Succession of President, CEO
Michael Huggett will succeed Cris Taylor as leader of the company during a transitional period in April 2025.
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How I Made It: Sherry Davies, CEO & President of T.J. Davies Co.
How do you transform a family machine shop into a thriving business while staying true to its roots? Sherry Davies recounts her path from childhood visits to her father’s machine shop to leading the business through growth and change. Here, she talks about her personal growth as a shop leader, her commitment to American-made products, and her lead-by-example philosophy.
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Creating a Learning Culture at JD Machine
JD Machine, 2024’s Top Shops Honoree in Human Resources, embodies its “Education for Life” core value with a robust apprenticeship program and significant continuous improvement efforts.
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Concepts NREC Appoints New CEO
As longtime CEO David Japikse retires, COO Sean McDermott will take over the leadership role of the company.
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Made in the USA - Season 1 Episode 5: Succession - A Family Machine Shop Story
The story of Geno and David DeVandry reflects the sea change in machine shop ownership facing this country as baby boomers reach retirement age. The change in leadership from father to son at their family-owned machine ship required a new mindset, a new way running the family-owned business, and that one generation let go and allow a new one to step in.
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When Handing Down the Family Machine Shop is as Complex as a Swiss-Turned Part
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 of 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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Top Shop Builds Upon Employee Ownership for Future Success
In its quest to become the Fox Valley’s best-in-class employer, A to Z Machine has adopted an ESOP, expanded benefits and invested in apprenticeships.
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Stars Slowly Align for Small Shop Merger
RPM Tool’s seemingly overnight expansion from a five-person machine shop to an almost 30-employee production business involved over a year and a half of planning.
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