Alex Vogl, CEO
“Aone-stop precision machine shop for the manufacturing needs of today and tomorrow” is perhaps the best way to describe Precision Machining Group (PMG). Formed in 2014, the company specializes in delivering high quality and tight-tolerance precision-machined parts to customers. “At PMG, we pride ourselves on being a leading, customercentric solution provider who offers industry-best services to our OEM clients. Through Six Sigma Disciplines, Lean Principles, and continuous process improvements we strive to constantly improve quality and delivery to our customers,” says Alex Vogl, the CEO of PMG. “Our prominent position in the industry is the result of our passion for being a Category Of One machining business and is encapsulated by our motto ‘Get Every Part Right’. This internal objective and expectation differentiate PMG in a highly fragmented industry.”
PMG was established to create growth for precision machining companies through a successful executive management team, available capital for capital expenditures, and integrating operating divisions. Precision Machining Group consists of three complimentary subsidiaries Northfield Industries, D&N Machining, and New Dimensions Precision Machining. Located in Schaumburg, IL, Northfield Industries has over two decades of success in the agricultural equipment and material handling space turning raw steel, castings, and forgings into critical precision components. 50 percent of these parts are manufactured across three Illinois locations with the remaining 50 percent imported from China, India, and Mexico suppliers. With a unique, balanced offshore-onshore business proposition, Northfield features exceptional pricing and operational flexibility to align with clients’ unique needs.
D&N Machining is a customer-focused domestic precision machine shop located in Greenwood, AR. Known for its wide range of machining capabilities. From turning and milling small parts for military parachutes and Boeing 737 doors to machining 15,000 pound components for Oil &Gas customers, the company seamlessly serves both sides of the scale. With PMG’s cross-selling and cross-utilizing capabilities, D&N Machining can use Northfield Industries’ offshore supply chain to serve its international customers. Under the PMG umbrella, the company once highly reliant on the Oil & Gas industry took a strategic turn towards diversifying its customer base and industries by investing in new equipment.
Our strategic acquisitions avoid industry, customer, and capability redundancy. PMG’s goal is to be positioned as a one-stop-shop for the evolving needs of our customers and industries served
The third operating business, New Dimensions Precision Machining, excels in the Fluid Power industry with its automated machining line. By having 21 palletized robotic horizontal mills that can run 24/7, the company delivers bestin- class services to clients without compromising on quality. New dimensions also have in-house deburring, thermal deburring, washing, and assembly departments.
“Our acquisitions are strategic to avoid industry, customer, and capability redundancy, ensure industry and capability diversification, and position ourselves as a one-stop-shop solution for the varying machining needs of OEMs,” says Vogl. “The collective expertise and collaborative culture we have at PMG helps adhere to our goal of ‘getting every part right’ and align well with the varying demands of our extensive customer base.”
A good example of PMG’s customer-centricity is the strategic approach adopted to address the unprecedented events due to the pandemic. Proactively, the company looked for alternative solutions to fulfill clients’ demands while facing global supply chain issues. When their offshore manufacturing facilities could not keep up with skyrocketing demand in Q4, 2020 PMG immediately shipped all available inventory. As a customer-specific, category of one solutionprovider, PMG went above and beyond the competition to machine parts domestically, absorbing the additional expense, and airfreight offshore containers at their expense. PMG also created an internal algorithm using data from customer open order reports, on hand inventory, containers mid transit, and offshore WIP to predict with a 95 percent certainty when an order will be received four months in advance. This enabled PMG to delivery product to customers and work cooperatively so no customers experienced a “line down” situation. This proactive solution-oriented example is one of many ways PMG is a true partner to their customers and differentiates from the precision machining industry.
Moving ahead with its collaborative efforts to make a difference in the machining space, PMG strives to keep innovation and customer-first approach at the core of its operations. The company continues to invest in additional equipment with the strategy of diversifying into new capabilities and gaining new customers in different industries. “Our goal is continued organic growth through industries and customer expansions while evaluating strategic acquisitions to enhance operations and accelerate customer onboarding,” concludes Vogl.