Betty Machine Company, Inc.
Investment Date: July 19, 2013
Betty Machine is a precision machining manufacturer of close tolerance parts primarily for automotive applications. The Company supplies products, through its Tier 1 customers, to major auto original equipment manufacturers (Ford, GM, Chrysler, Honda, Toyota) as well as other leading manufacturers. Volumes range from low volume prototypes to high volume production parts. Most of the products are incorporated into assemblies that span multiple vehicle platforms and run for several years. The Company operates out of a 75,000 sq. ft. facility in Hendersonville, Tennessee located in the Nashville area.
For more information, please visit Betty Machine's website at www.bettymachine.com.
Investment Approach / Accomplishments:
Provide leadership to existing management team
Create fundamental improvement in operating performance:
- Expand the operations team to drive sales growth and operational improvement
- Reduce costs through automation capital investment
- Expand the book of business with both committed new business and sighted new business opportunities