Today’s podcast is part two of an interview we did with Bruno Schmitter, CEO and COO of Hydromat USA. When Bruno came to America in 1979, his competition was National Acme and New Britain Multi-Spindles. Today he says his competition is mainly CNC Swiss and 5-axis Turning Centers. Bruno argues that having one machine that can do many operations at a time is a better option than having multiple machines which require more space, more people and more tooling. Scroll Down to Listen To The Podcast. In the interview we also discussed Hydromat’s diversification into selling bar loaders and the…
Author: Noah Graff
Today’s podcast is part one of a two part interview we did with Bruno Schmitter, CEO and COO of Hydromat USA. In 1979 at the age of 25, Bruno came to St. Louis to sell and popularize the previously unknown transfer machine in North America. Bruno told us that at a young age growing up in Switzerland his father began encouraging him to go into the machine tool business. He also discussed his first years in the United States when he traveled the country convincing multi-spindle screw machine shops to use Hydromats. Scroll down to listen to the podcast below.…
Today’s podcast is part 2 of an interview we did with John Habe IV, President of Metal Seal Precision, a machining company based in Mentor, Ohio. Listen to the podcast on the player below. Over the last several years John has grown Metal Seal Precision both organically and through major acquisitions. According to John, growing through acquisitions can be financially rewarding but does not come easily. John discussed the difficulty in buying companies, which often have emotionally attached owners. He also talked about how he calculates the buy price of a company. He looks at cashflow, often called EBITDA in…
Today’s podcast is part 1 of a two part interview we did with John Habe IV of Metal Seal Corporation, a machining company based in Mentor, Ohio. Scroll down to listen to the podcast. John and his two brothers own Metal Seal and several other machining companies, along with some granite countertop firms. He told us that since they purchased their father’s machining business in 1999 they have built their enterprise into one doing over $100 million in sales per year. In the interview John discussed how Metal Seal dealt with a catastrophic fire in 2014, as well as his…
In Throwback Thursday fashion, Lloyd and Noah are out of town this week, so we’re sharing one of our favorite podcasts from the past. Be sure to listen in and weigh in on the new question below. In December, we interviewed John Saunders, founder of Saunders Machine Works and the creator of the NYC CNC YouTube channel. John is an innovative entrepreneur who lives and breathes CNC machining. When he was 24 he had an idea to sell an automatically resetting steel target for practicing firearms, but he had no engineering background, no CAD experience and no machining experience. After working on a prototype…
In today’s podcast I was interviewed about a book I am writing which documents a year in which I have met at least one new person every day. I started 364 days ago when I met a guy named Tommy, working the bar at a restaurant in Chicago called the Blue Door Farm Stand. Listen to the Podcast on the player below. Over this year I estimate I have met 450 to 500 strangers. I have met people on the street, a ton of Uber drivers, and folks from all over the world. I have even been forced to call…
On today’s podcast we interviewed Jay Sauder, owner of Sauder Machine in Plymouth, Ohio. One of Sauder’s specialties is making hydraulic wheel cylinders for Amish horse-drawn buggies using sophisticated CNC equipment. Sauder and his 10 employees are all members of the Mennonite church. Earlier in his life, Jay himself drove a horse and buggy, but today he chooses to drive a pickup truck. However, all of his employees ride bicycles to work. Jay told me that the company buys used equipment almost exclusively and seldom buys a machine for a specific job. He purchases equipment when he considers it a…
I think I can learn something from anybody. I think there is a lot to be learned from James Holzhauer who has won $1,691,000 on Jeopardy and is still going strong. I don’t watch the program, but I have seen it on occasion and remember Rosie Perez in the movie White Men Can’t Jump prep for the show like her life depended on it, hoping for her chance to make a big score. It is a quiz show competition with a betting component which is the perfect combination for James Holzhauer, a 35-year-old Chicagoan who is a trivia champion, math whiz,…
Have you ever asked yourself what your purpose is when you go to work in the morning? Sometimes I wonder if I’m spending enough time making an important impact on the world, or if I’m too wrapped up in the mechanics of making deals on machine tools. In this week’s podcast we interviewed Brent Robertson of Fathom. Brent is a business philosopher and consultant. His mission is help people discover what their purpose is, beyond just making money. He has found that if he can give people purpose in what they do, it inspires those they work with and their…
In today’s podcast I interviewed Ben York, an inventor and consultant for machining companies. I met him at the 2019 Precision Machining Technology Show where his company, Theory 168, was presenting his Perfect Zero Alignment system. The system uses a camera installed in a CNC machine to set work coordinates and align and set tooling (see demonstration video below). Ben said his mission is to “take the art out of machining.” He wants machining to be easy enough so people can do it even if they don’t know the “tricks of the trade.” In the podcast Ben talks about his…