SHAWANO,
Wis., May 1, 2024 /PRNewswire/ -- JR Machine, a
distinguished contract manufacturer specializing in complex
machined parts, has announced a significant boost to its capital
through a partnership with Schneider Resources Holding (SRH).
SRH, a family-owned private investor, is now a majority equity
member in JR Machine. Renowned as a Wisconsin Manufacturer of the
Year, JR Machine has achieved remarkable growth by mastering the
precision machining of complex parts from nickel-based superalloys,
such as Inconel. These alloys are in high demand among leaders in
space exploration and other emerging markets. The investment from
SRH positions JR Machine to grow in tandem with its customers as
these markets, including space travel, continue to evolve.
"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," said Tim
Tumanic, JR Machine Founder-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 in the Shawano area."
The founders and key figures of JR Machine,
Tim Tumanic and Parker Tumanic, will maintain their pivotal
leadership roles and ownership within the company. Additionally,
Paul Knoll, a seasoned professional
with extensive experience in manufacturing and engineering
leadership, 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.
Additional Investments in Equipment and
Technology
In line with its expansion strategy, JR
Machine 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 5-axis mill/turn centers,
diversification into other machining processes, and expansion of
in-house manufacturing services. Notably, JR Machine holds ISO,
AS9100, and ITAR certifications, with expertise spanning aerospace,
green energy, heavy equipment, and medical devices.
"Tim, Parker, and their team have created an
incredible customer-first culture and standout precision parts
production," commented Paul
Schneider, SRH Principal and Founder. "Companies will now be
able to turn to JR Machine for a wider array of manufacturing
services to propel their growth."
Paul Knoll, JR Machine CEO commented, "I am
excited to join such a talented leadership team as we work toward
becoming the number one go-to partner of choice among OEMs."
Substantial Community Support
Beyond its business endeavors, JR Machine
remains deeply committed to Shawano and surrounding communities, with a
longstanding history of support spanning over 30 years. The company
has played a pivotal role in establishing and sustaining CNC labs
at Shawano Community High School and Bonduel High School.
Additionally, JR Machine contributes significantly to organizations
such as the Boys & Girls Club of Shawano, the Shawano County Fair, Shawano
Speedway, and annual Thanksgiving food drives, reflecting its
dedication as a major employer in the area.
About JR Machine
JR Machine is a premier contract manufacturer
renowned for its expertise in producing complex machined parts from
its state-of-the-art facility in Shawano,
Wisconsin. With over three decades of experience, the
company specializes in streamlining the procurement and production
processes for OEMs, tier one, and tier two manufacturers through
collaborative approaches, advanced automation, stringent process
control, and short lead times. JR Machine's extensive manufacturing
capabilities encompass CNC machining of nickel-based superalloys,
prototyping, engineering, multi-spindle machining, thread rolling,
fabrication, and assembly. Certified with ISO, AS9100, and ITAR
standards, JR Machine provides comprehensive manufacturing
solutions, including engineering support, DFM review, and material
traceability to clients across various industries, including space
exploration, energy, defense, medical technology, and heavy
equipment. Learn more at jrmachine.com.
About Schneider Resources Holding
Schneider Resources Holding (SRH) is a
family-owned private investment company headquartered in
Green Bay, Wisconsin. SRH brings
not only financial and human resources but also a bigger vision to
grow companies. With a focus on patient, generational
investments, SRH partners with privately owned businesses in
northeast Wisconsin, leveraging
its expertise and extensive network to facilitate growth and
fulfill the entrepreneurial vision. Committed to innovation,
customer service, collaboration, and employee welfare, SRH empowers
businesses to make meaningful contributions to their industries
while fostering sustainable growth. Learn more at
schneiderresources.com.
Media contact:
Jeron Udean, Strother
Communications Group,
JR_Machine_Media@scgpr.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/jr-machine-secures-strategic-investment-from-schneider-resources-holding-to-launch-expansion-302133718.html
SOURCE JR Machine