Betty Machine, Inc.

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Project Description

Betty Machine, Inc.

IOP Fund II

Acquisition Date: July 2013
Status: Current
Notes: Merged into GT Technologies
Headquarters: Hendersonville, TN
Add-on Acquisitions:

No

DESCRIPTION

Precision machining manufacturer of close-tolerance parts primarily for automotive applications. Merged into GT Technologies.

OPERATING THESIS

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