JR Machine Launches Expansion Strategy, Hires New CEO
An investment from Schneider Resources Holding positions JR Machine to grow in emerging markets such space exploration and green energy.
JR Machine has announced a strategic partnership with Schneider Resources Holding (SRH). SRH is now a majority equity member in JR Machine. The investment from SRH is expected to position JR Machine to grow in tandem with its customers in emerging markets, such as space travel, as they continue to evolve.
In line with its expansion strategy, JR Machine has integrated two DMG MORI NLX 4000 CNC turning centers with CELOS controls into its exclusive DMG MORI shop earlier this month. This enhancement enables JR Machine to produce intricate parts up to 18 inches in diameter while leveraging data to enhance quality and efficiency. With support from SRH, JR Machine plans to further invest in cutting-edge equipment, adopt new technologies and explore potential complementary acquisitions. The company is considering the incorporation of five-axis mill/turn centers, diversification into other machining processes and expansion of in-house manufacturing services. JR Machine holds ISO, AS9100 and ITAR certifications, with expertise spanning aerospace, green energy, heavy equipment and medical devices.
“JR Machine is ready for growth. Building parts for the most recognizable names in space exploration has allowed us to lean into Industry 4.0 and revolutionize how we work. Now, we can reach the next stage for our customers faster,” says Tim Tumanic, JR Machine founder and owner. “Schneider Resources Holding is a perfect match. We share long-held values of quality, innovation, providing good careers for our staff and supporting our commitment to grow.”
The founders and key figures of JR Machine, Tim Tumanic and Parker Tumanic, will maintain their leadership roles and ownership within the company. Additionally, Paul Knoll has joined JR Machine as chief executive officer. No other employee changes will take place at this time, though both parties expect JR Machine to hire in the near future.
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