Major Tool & Machine is a prominent Indianapolis-based contract manufacturer with a rich history dating back to its establishment in 1946. Originally focusing on custom job shop services for tooling and aircraft ground support equipment, the company has significantly expanded its market scope and capabilities over the years. Today, it stands as a leader in providing world-class engineering, fabrication, machining, and assembly services to various industries, including aerospace, defense, power generation, commercial industrial, and nuclear markets.
One of the noteworthy developments for Major Tool & Machine is its association with Precinmac, a leading diversified manufacturer of high-tolerance precision machined components and assemblies. The Precinmac brand encompasses seven independently owned companies in the United States and Canada, further bolstering the company’s position in the market.
The most recent investment for Major Tool & Machine was a significant $175.00K grant investment received on 20 June 2022. This investment was secured from the Indiana Economic Development Corporation, signifying the confidence and support of local economic entities in the company’s potential and growth prospects.
Overall, Major Tool & Machine's strong legacy, diversification into the Precinmac ecosystem, and recent investment from a key player in the regional economic landscape position it as a solid contender in the manufacturing industry.