Machine shops cut raw materials such as aluminum and copper into certain shapes and sizes for downstream clients. According to IBIS World, there are over 17,000 machine shops across the country. Together, these businesses generate over $8 billion in revenue each year....
Machine shops use a variety of equipment and machinery to cut and shape raw materials like metal and plastic. An industry report on IBIS World notes that there are over 17,000 machine shops throughout the country. Together, these businesses generate around $9 billion...
Obtaining a machine shop equipment appraisal is a crucial step when it comes to purchasing, selling, or securing financing for your business. At Peak Business Valuation, we specialize in providing comprehensive and precise assessments of machine shop equipment. In...
In the world of machine shops, the value of equipment plays a significant role in business operations. Whether you are buying, selling, or expanding your machine shop, understanding the true worth of your equipment is vital. This is where a machine shop equipment...
Metalworking machinery manufacturing depends on other industries like the auto industry. While the pandemic hurt this industry in 2020, it recovered by 7.6% in 2021. Metalworking machinery is the main input in industrial processes that use machinery, metal products,...
The demand for machine shop services has been growing over the past several months. Machine shop services primarily focus on grinding, drilling, boring, CNC milling, and sawing services. Additionally, machine shops specializing in the automotive industry are...
