Mike Payne has spent the last 20+ years deeply entrenched in the M&A process with dozens of companies throughout Oklahoma. Early in his career, he realized he loved the world of manufacturing. He also learned that he enjoyed operating a business. He was just waiting for the right opportunity to unfold.  Then it happened: Six years ago, Mike was able to purchase Hill Manufacturing. In this episode of MakingSparks, we chat with Mike about his work in the M&A space, why he made acquisitions close to home, and what led to his passion for manufacturing.  – Matthew Nix Segment ..read more

Are you the type of manufacturing leader who prefers to do everything yourself? You learn and innovate as you go, right? We’ve learned from experience: There is an art and a science to recruiting. I’ve muddled through using LinkedIn Recruiter to make some hires. And while it’s a great tool, it can only do so much. So in this episode of MakingChips, Trevor O’Malley joins us to discuss all aspects of recruiting, from finding the right technical fit to the right person for your culture. Because if you can’t recruit the right people, you won’t be MakingChips, and you won’t make money. BAM! Segment ..read more

My shop has been restoring a 1959 Ford F10. When we decided to recreate a digital dash for the truck, we decided to ask the LinkedIn world for help. That’s when I met Ira Laughy with rapid3D.  Rapid3D exists to solve complex measurement challenges to empower confident decision-making. We scanned the space and current dash and Ira and his team helped us reverse-engineer the process to design a CAD model to ultimately create the part we need. Ira shares how you can use a 3D scanner to reverse engineer a part in this fascinating forward-thinking episode of MakingChips. Because if you can’t m ..read more

How important is building relationships and trust with your vendors? When you do have established relationships, are you placing too much trust in them? How do you balance being business savvy and trusting?  Mark McCormack is known for saying “All things being equal, people will do business with a friend; all things being unequal, people will still do business with a friend.” How much does this matter in the supply chain? Let’s see if we have an answer. We dissect the topic in this episode of MakingChips. – Nick Segments [0:22] Join the AMT Community at AMTOnline.org [5:21] The Chip on M ..read more

What are the benefits of working closely with a local career & technical education center? You can have a huge impact on the local community, education system, and businesses. If you partner with a local technical center, it could have a far-reaching impact—and it just might help you recruit the next generation.  Nix Partners with a local career & technical education center in Southwest Indiana. David St. Clair and Hannah Lang join us in this episode of MakingSparks to share how collaboration can benefit the students, the community, and your business.  Segments [2:58] Learn ..read more

POV: You’ve decided to start the process of implementing automation in your machine shop—but it isn’t as easy as flipping a switch. It’s a process that consists of failing forward and learning from every mistake. Tom Schroeder—the Executive Vice President at PBC Linear—joins us in this episode of Lights Out to share how to prioritize flexibility when you invest in and begin to implement automation in your shop. Because if you’re not making the right chips, you’re not making money. – Nick Segments [1:28] Learn more about Kaleb Mertz [4:04] Today’s guest: Tom Schroeder  [5:16] What's the C ..read more

There are around 17,000 contract manufacturing job shops in the US. That sounds pretty great, right? The truth is that growth is down 16% since 2008. Now, more than ever, we need new entrepreneurs in the manufacturing industry. Matthew Nix, Paul Van Metre, Drew Crowe, and Mike Payne join me in this roundtable discussion to talk about the vast opportunities available, how to take advantage of them, and why manufacturing leaders should encourage and grow entrepreneurs from within their businesses. Because if manufacturing isn’t growing, we aren’t MakingChips, and we aren’t making money. BAM ..read more

How can leadership remain connected to what’s happening on the shop floor? At Nix, we’ve found a creative way to bridge a gap that many businesses experience. We’ve implemented a program that allows our front line to address problems and propose solutions so that their everyday real-world problems are being fixed. Dakota Hunt and Jack Henry Hagan return to share how this program has positively impacted them and the business.  – Matthew Nix Segments [1:03] Netsuite by Oracle’s CFO's Ultimate KPI Checklist [4:56] Casey’s dad joke (stolen from his five-year-old) [5:41] The essenti ..read more

BWXT Mount Vernon produces components for naval nuclear reactors, used in submarines and aircraft carriers. Their sprawling facility is home to CNC machine tools and sophisticated welding and heat-treating equipment. In this episode of MakingSparks, General Manager Nate Foote shares more about their commitment to processes, their recruiting practices, and why the work they do is incredibly important.  – Casey Segments [1:09] Learn more about AMT [2:38] Introducing special guest Nate Foote [7:57] Casey’s dad joke [9:31] BWXT’s team-building process [13:54] Their program with a local high ..read more

What are the pros and cons of plasma cutters vs. water jets vs. lasers? How does cutting with nitrogen differ from cutting with oxygen? How is technology driving innovation in fabrication? R.J. Reed and Brendon DiVincenzo join us in this episode of MakingSparks to cover all things lasers and fabrication. Because if you’re not MakingSparks with the right tool, you’re not making money. BAM! – Nick Segments [0:19] FREE IMTS 2024 Exhibitor Workshop [2:17] Nick’s dad joke [2:43] Learn more about R.J. Reed and Brendon DiVincenzo [9:45] The definition of precision [12:16] The history of lasers in ma ..read more