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Buying a machine shop looks simple on a spreadsheet. Leland Licciardi and Kirsten Failing share what it looks like once you own it. They took over a shop founded in 1944 four years ago, and I wanted to walk through how they got there: the two years of deciding, the due diligence, the SBA loans and seller financing, and what they'd do differently if they bought another one.
The first four years were about systems. They rebuilt the QMS, moved to a new ERP, fixed scheduling, and built accountability around the metrics. The results are real numbers. First pass yield went from about 85% to 96%, on-time delivery has been around 97% for the last three months, and their rejection rate is 0.05%. Kirsten explains the change that got them there, moving in-process inspection onto the operators and turning QA into roaming auditors, and why the shop pushed back before it worked.
We also talk about earning trust from a veteran team that knew more about machining than the new owners did. Small fixes came first, then whole processes, then the ERP. They credit rolling out ProShop with pulling the floor and the office into one company, and with getting knowledge out of people's heads. After thousands of customers over 80 years, they also explain how they narrowed in on a niche.
And there's the side of ownership nobody puts in the forecast: a fire sprinkler line that burst in January, an ERP reporting failure on the morning of their first AS9100 audit, and projections that were, in their words, optimistic. If you're thinking about buying a shop, their advice is to learn the industry first, be honest about your risk tolerance, and remember you're a manager too. It lines up closely with what I wrote in Precision Manufacturing, Precision Business.
What's Covered in this EpisodeMost of us were taught to guard our processes. Brett Lister built a group around doing the opposite—and it's paying him back in work, tooling, and knowledge. I sat down with Brett to talk about Open Tolerance, the collaboration group he runs out of B&B Dynamic Machining, and what happens when small shops decide to help each other instead of fighting over scraps.
The group started as a way to swap ideas and turned into a way to swap work. A shop with a long lead time on a five axis job hands part of it to a shop with an open machine. A job that needs live tooling goes to the shop that actually has it. Brett took on a job another owner couldn't run, made $26,000 on it, and then used it to make the case that the owner should buy the machine himself.
We also get into the unglamorous parts of running a small shop. Employees are Brett's biggest struggle, and his answer is profit sharing plus a sales commission for anyone whose video brings in an RFQ. He explains why he walked away from a sale that would have paid what he wanted, why he shuts his VF4 down at noon on cutting tool demo days, and how a rejected set of parts turned into a teaching moment instead of a fight.
If you've wondered how to start something like this where you are, Brett's advice is simple. Go to the next local event and shake as many hands as you can. More people will say yes than you expect. He also covers the free tooling that shows up when you just ask vendors, and how virtual meetings are pulling in owners who live too far away to drive to a shop on a Wednesday night.
What's Covered in this EpisodeEvery machine shop has an origin story, but not many start with a drill press on the family dining room table and grow into a company machining 276-inch wing spars for military aircraft. In this episode, I sit down with Joey Schmucker and Alyssa Da Costa, the brother-and-sister team leading Volumatic, a third-generation family-owned machine shop in Macon, Georgia. What started with their grandfather in 1969 has grown into a highly specialized defense manufacturer with approximately 25 employees and a reputation built over decades.
What fascinated me most was the sheer scale of their work. We're talking about massive structural components that can require weeks of machining, creative fixturing, and multiple setups just to complete a single part. But the business challenges are equally interesting. Volumatic doubled its sales last year and is experiencing tremendous growth again this year.
Joey and Alyssa share how they're navigating that expansion, managing expensive materials and cash flow, and protecting the customer relationships that have fueled their success. We also get into why they're willing to turn down work rather than promise delivery dates they can't meet, and how smaller, quick-turn jobs have become an unexpected financial advantage.
We also explore one of the biggest challenges facing established shops today: transferring decades of knowledge before experienced employees retire. With several team members approaching 30 years at Volumatic, Joey and Alyssa are figuring out how to preserve that expertise while developing the next generation of machinists. From navigating volatile material prices to deciding when a multimillion-dollar machine investment makes sense, this conversation offers a fascinating look at the decisions behind a growing, multigenerational manufacturing business.
SegmentsA beautifully machined bicycle component might get your attention. But what does it take to build a company that earns that same loyalty for 50 years?
In this episode, I sit down with Kirby Bedsaul, president of Chris King Precision Components, to explore the business behind an iconic cycling brand. From bearing production to the finishing details that make their parts look like jewelry, there's a remarkable amount happening behind the factory doors in Portland, Oregon. And some of their most interesting decisions have as much to do with what they value as what they manufacture.
We get into owning your processes, building a workplace people want to stay in, and finding capable employees beyond the usual hiring pool. Kirby also shares the pressures of keeping manufacturing local—and why an empty factory represents a much bigger loss than the jobs inside it.
Whether you make bicycle components or run a job shop, this conversation raises some worthwhile questions about the business you're building, the people you're trusting, and what your community gains when you succeed.
What's Covered in this EpisodePlenty of shops machine parts to a tenth and then run the business on guesswork. Sebastian Montalvo is building M3 Aerospace the other way, with the same precision behind the desk as on the floor, and three years in, that's exactly why they're growing as fast as they are.
I'll be honest, this one got to me. He's running a shop that behaves like it's been around for twenty years with a hundred people on the floor, and there are thirteen of them. Every step of the workflow went up on a whiteboard with one question attached to it: where can this go wrong, and what do we put in place so it doesn't? People told him he was exaggerating. He kept going anyway.
We got into the practical side of it too. How he used Xometry to buy himself immediate demand while he learned the market, then deliberately diversified off it. Why he made compliance the North Star instead of an afterthought, and what it took to earn AS9100, ISO, ITAR, and CMMC without hiring a consultant to do it for him. How he's hiring in a city most people overlook, and why paying above the local average is a strategy and not a cost.
The cash flow conversation is worth the listen on its own. He's turned down large RFQs, not because the shop couldn't make the parts, but because he couldn't float a bill of materials that size and then wait months to get paid. If you've ever had to say no to work you were fully capable of doing, you already know how that feels.
And then there's the part I didn't expect. His mom opens the door to every new unit they take on. His dad is there at five in the morning, after three years without a day off. When I asked Sebastian what keeps him going, he didn't say revenue or contracts. He said his parents. I've talked to a lot of shop owners on this show. This one I'll be thinking about for a while.
What's Covered in this EpisodeGavin Giguere went from zero to a running machine shop in a matter of months. A conversation with a childhood friend about wanting his own shop, an LLC filed two weeks later, then five weeks of gutting and renovating a building while two new machines landed on the floor. His first order shipped on time, and so has every order since.
What I wanted out of this conversation was the whole startup sequence, not the highlight reel. Gavin joined the NTMA before he had machines. He had five committed customers and letters of intent before he had machines. He ran an ERP from day one because he didn't want to backtrack out of spreadsheets later. He wrote a quality manual and an employee handbook before he had a payroll to apply them to. Most first time owners build those systems after the pain shows up. Gavin built them first.
There's a buying side to the story too. A Facebook Marketplace trip that was supposed to be one Bridgeport ended with eight machines, and the tooling and inspection gear in that deal has been worth more to him day to day than the iron. If you're running a small shop, there's a real lesson in there about what the stuff you've accumulated over the years is actually worth, and what happens to it if you never write it down.
The startup story doesn't end when the doors open. Gavin would hire two people today if he could find them. He's been at it for two months, on LinkedIn, on Indeed, with his partner helping, offering full benefits, and he's already had a candidate accept an offer and then take a counter from their current employer. Meanwhile he's running both machines himself, quoting at night and on Saturdays, and turning away work he can win but can't produce. He thinks he could double revenue if he could staff up.
What's Covered in this EpisodeAssa Gill didn't grow up dreaming about owning a machine shop. He came to Canada from a small village in Punjab, discovered CNC machining through a college course, and spent nearly nine years developing his skills on the shop floor. But the idea of building something of his own never went away.
That idea became real when Assa bought his first CNC mill—before he had a building, a customer, or even a registered business. He started running jobs during evenings and weekends, gradually built a reputation, and eventually left his full-time job to focus on Rise Machine Works. Today, the shop has four CNC machines, an automated saw, its first full-time employee, and more growth on the horizon.
But rapid growth came at a cost. After a year of long days and trying to handle everything himself, Assa realized that working harder wasn't going to build the company he wanted. Reading The E-Myth Revisited helped him begin documenting processes, defining roles, delegating work, and creating a business that wouldn't always depend entirely on him.
In this episode, Assa shares the realities of starting with limited resources, earning customers through relationships and quick turnarounds, protecting cash flow, and building systems early. We also discuss the major opportunity that could take Rise into its next stage—and why machining ability alone isn't enough to create a sustainable machine shop.
What's Covered in this EpisodeAlex Fitzgerald got the keys to his first factory on January 6, 2025. Eighteen months later Isembard has 14 factories across the US, the UK, France and Germany, just under 100 people, and a business model nobody in this industry has run at scale. Ten of those factories he doesn't own. They belong to franchisees.
The franchise piece is the part I keep turning over. Before he started, Alex went through the McDonald's franchisee process himself, worked in a restaurant, got all the way to an interview with the chief restaurant officer for the UK. He doesn't look at McDonald's and see a burger business. He sees heat treatment and assembly, run to the same SOPs in every location, for a customer who knows exactly what he's getting. That's the bet. Build the systems once, then hand them to people who own their own shops.
I gave a talk at the Top Shops Conference back in 2017 arguing something close to this. Even if you never open a second location, run your shop as if there's one a thousand miles away that you'll never visit. If it only works because you're standing in it, it doesn't really work. Most shops fail that test, and Alex named the reason. Too much of the business lives in the owner's head.
We get into the practical side too. How he found his first four people, why he spends about half his week hunting for the next one, the hiring process that ends with a candidate standing in front of the entire company, how work gets funneled across 14 sites, and the two setbacks that actually hurt, an AS9100D audit and a machine crash.
You may never franchise your shop. But the systems thinking here is 10% worth the hour.
What's Covered in this EpisodeWil Jorgensen started a machine shop at 22 with a $4,000 screw machine he found on Craigslist. He's 26 now, running Evolution CNC in Wenatchee, Washington, with seven people and a pallet automated 5-axis machine that runs close to around the clock. What makes this conversation worth your time isn't the growth curve though. It's how he thinks.
Wil and his team wrote a four page manifesto before they made the big bets. Not a business plan, an emotional document about what would make betting their careers on this thing feel worthwhile. Then they bought a Matsuura MAM72 35 with 32 pallets when they had almost no money in the bank, overdrew the account by $4,000 to close it, and gave themselves about 30 days to make it work.
It worked. Bookings went from $252,000 in 2024 to $1.1 million in 2025, and they're pushing toward $2 million this year. His advice on automation is blunt. Don't wait until you think you can afford it. The smaller the shop, the more automation you should have.
The part that stuck with me most is the promise Wil makes to everyone he hires. He will not be angry. He spent a stretch of his early twenties running on anger and determination, and then decided he didn't have time for it. If one of his guys scraps $25,000 in parts and Wil stays calm, nobody else in the building gets to be angry either. That one decision shapes how the whole shop operates.
There's a lot in here about buying machines you can't afford, cutting loose customers who don't pay, and getting out of your own people's way. If you're early in building a shop, or you're still touching everything yourself, this one will land.
What's Covered in this EpisodeAfter more than 300 conversations across Machine Shop Mastery, MakingChips, and Manufacturing Transformed, I wrote a book.
It's called Precision Manufacturing, Precision Business, and I keep saying "we" wrote it because that's the truth. I got the words onto the page, but the hard lessons, ideas, and wisdom came from this community.
The premise is simple: you'd never ship a titanium part at 99% accuracy, so why run your business that way? Shops obsess over holding dimensions, but that same precision doesn't always carry into quoting, planning, scheduling, procurement, or contract review. That gap is the opportunity.
In this episode, I share my journey in manufacturing, starting in 1997 with six college friends, a second mortgage, one Haas VF4, and very little idea what we were doing. The discipline I write about didn't come from a textbook. It came from getting things wrong and having people willing to tell us why.
I'll also give you a sneak peek inside the book, covering everything from niching down and estimating to culture, compliance, and quote-to-cash. It's about building a business that runs with the same discipline as the machines and has real value whether you ever sell it or not.
Precision Manufacturing, Precision Business launches September 1, just before IMTS, at disciplinetoprofit.com. More than 50 people from the shows are quoted in it, and if you want a signed copy, come find me at the ProShop booth or the MakingChips booth in the South Hall.
What's Covered in this EpisodeFrom the publisher's feed

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