59. Buying and Growing a Machine Shop Part-time with Gillen Young from Custom Tool
Release Date: 07/31/2024
97. The Human Side of Hard Businesses: Culture, Trust, and Long-Term Leadership
Machine Shop Mastery
Staying in business for decades requires more than machines, processes, and good customers.In this episode of Machine Shop Mastery, I sit down with Bonnie and Ken Kuhn of Kuhn Tool, a multi-generation, family-owned shop in northwest Pennsylvania that has quietly endured for more than six decades. What makes this conversation special isn’t just the longevity of the business, but the way Bonnie and Ken have built it together. From surviving offshoring waves and major customer losses to steadily growing from a handful of employees into a thriving operation, their story is rooted in...
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96. From Pole Barn to Precision Powerhouse: Shane Grant’s 10-Year Shop Journey
Machine Shop Mastery
In this episode of Machine Shop Mastery, I finally sit down with Shane Grant from Machining Momentum, a guest I’ve been hoping to have on the show for a long time. Shane has spent the last decade building his shop from the ground up, literally starting in a backyard pole barn and growing it into a precision-focused operation that’s now hitting its stride in a new industrial facility. What makes Shane’s story compelling isn’t just the growth, but how intentionally it happened. He shares how early exposure to machining through a family business, followed by experience in automotive,...
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95. Why Clean Floors, Strong Culture & High-End Machines Drive Valuation
Machine Shop Mastery
One of the questions I think about constantly is what actually makes a machine shop valuable. Not just today, but five, ten, or even twenty years down the road. It’s easy to point to machines, revenue, or backlog, but the real drivers of long-term value usually run much deeper. That’s exactly why I wanted to sit down with Jamie Goettler, Chief Revenue Officer of BTX Precision, for this episode of Machine Shop Mastery. BTX Precision is one of the fastest-growing advanced manufacturing platforms in the country. Jamie brings a rare blend of perspectives to the conversation. With more than two...
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94. How Losing a Machine Shop Led to Gabe Draper’s Calling
Machine Shop Mastery
Some conversations stay with you long after you hit “stop” on the recorder—and my time with Gabe Draper is absolutely one of them. I’ve known Gabe for years, but I never fully understood the depth of the journey he endured as he attempted to take over, stabilize, and ultimately shut down the family machine shop. His story isn’t just informative; it’s gut-wrenching, enlightening, and, ultimately, incredibly redemptive. In this episode, Gabe walks me through the emotional roller coaster of trying to save a failing shop, the painful impact of relying too heavily on one industry,...
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93. A Builder at Heart Pivots and Buys a Machine Shop
Machine Shop Mastery
Buying a machine shop is never simple — and for Matt Fortner, it was a leap into the unknown. Coming from backgrounds in plumbing, industrial fittings, product development, and even scrap metal buying, Matt felt a pull to get back to “building something real.” That pull led him to Progress Machining in Muskegon, Michigan — a shop he became the fifth person to attempt purchasing. Once inside, Matt quickly realized how much transformation the business needed. The shop was filled with aging machines, tribal knowledge, and 60 tons of accumulated scrap and unused tooling. Setups stretched...
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92. Are PE Firms Ruining Machining? A New & Better Model for Buying Shops with Mark Hillenburg
Machine Shop Mastery
Over the last decade, I’ve watched private equity surge into the machining world — and I’ve seen firsthand how often the short-term flip-in-five-years strategy ends up hurting shops, people, customers, and entire supply chains. While the capital can help, the incentives often drive decisions that weaken the very businesses PE firms acquire. But every now and then, someone comes along with a model that stops you in your tracks because it actually makes sense for our industry. That someone is Mark Hillenburg, co-founder of Collective Manufacturing Group, a company built on a...
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91. Passion and Excellence Personified with Ty Haguewood
Machine Shop Mastery
As a host, I’ve met hundreds of shop owners, but every once in a while, I meet someone whose story stops me in my tracks. Ty Haguewood, General Manager and CFO of Manufacturing Technologies, Inc. (MTI) and Stone Mather Designs (SMD), is one of those people. Ty didn’t grow up in manufacturing—he was a finance professional who took a random tour of a machine shop six years ago and walked out forever changed. What started as curiosity became a calling. Today, Ty helps lead two growing businesses north of Albuquerque, New Mexico—one serving precision aerospace customers and...
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90. Burnout Killed This Machine Shop
Machine Shop Mastery
When you’ve poured 46 years of your life into building a thriving precision machine shop—one that grew from a one-man garage to 50 employees, world-class equipment, and top-tier aerospace customers—you don’t expect it to end with burnout. In this deeply candid episode, I sit down with Cody Sisson, a lifelong machinist who built a remarkable business through decades of grit, innovation, and commitment to excellence—only to watch it collapse under the weight of exhaustion, health crises, and a perfect storm of setbacks. Cody opens up about the early days of his shop, the thrill of...
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89. Lessons Learned from Buying & Losing a Machine Shop | Mark Heston
Machine Shop Mastery
In this powerful and deeply candid conversation, I sat down with Mark Heston, who first appeared on Episode 51 to share his story of buying and rebuilding an aerospace machine shop specializing in landing-gear components. At that time, the business was on an upward trajectory — improving culture, repricing work, and investing in growth. But behind the scenes, hidden challenges were forming that would ultimately lead to an unexpected and difficult ending. In this follow-up episode, Mark opens up about what happened next—the liquidity crisis, the missteps in financial due diligence, and the...
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88. Learning, Building & Teaching with John Saunders
Machine Shop Mastery
I’ve admired John Saunders for a long time. Most of you probably know him as the force behind the NYC CNC YouTube channel, the Business of Machining podcast, and of course, Saunders Machine Works. John has been creating content, teaching, and inspiring machinists since long before it was “cool” to do so online. In fact, he’s one of the first people I think of when someone says they learned machining from YouTube. When we sat down for this conversation, I wanted to go deeper than the usual “how’d you get started” story. We talked about the real journey of moving from hobbyist to...
info_outline59. Buying and Growing a Machine Shop Part-time with Gillen Young from Custom Tool
Gillen Young and his brother bought Custom Tool in 2010 and have grown it fourfold since, including buying another shop as well. One of the most interesting parts of this story is that Gillen has a regular full-time job and leads Custom Tool as CEO and President part-time. Gillen is also the Chairman of NTMA and has some great insights to share from his time at NTMA. Gillen shares the growth story of Custom Tool, and the things they’ve done to grow it so significantly. He also shares some unique insights about the power of connection, communication and sharing among peers and the greater community. For anyone interested in growing, buying or selling a shop, this is a can’t-miss episode!
About Custom Tool:
Since 1991, we have been a trusted supplier of precision metal working services and machined component parts. We manufacture parts used in various markets such as automotive fuel and filtration systems, oil field valves, surveillance equipment, and military hardware. Our customers consistently rate us high in on-time delivery with low rejection rates. We are committed to providing value to our customers with the services we offer and the relationships we build.
Follow Gillen Young and Custom Tool on Social Media:
Personal LI: /gillen-young-b2863b
Company LI: /custom-tool-inc-cookeville-tn
Website: www.customtoolinc.com