18. A Machine Shop Turnaround Story, Solving People and Technical Problems with Fred Stipkovitz from UltraTech Aerospace

18. A Machine Shop Turnaround Story, Solving People and Technical Problems with Fred Stipkovitz from UltraTech Aerospace

Author: Paul Van Metre December 28, 2022 Duration: 1:13:39

18. A Machine Shop Turnaround Story, Solving People and Technical Problems with Fred Stipkovitz from UltraTech Aerospace

When Fred Stipkovitz was hired as the president of UltraTech Aerospace, they were looking at steep losses and had a toxic culture.  In less than 1 year Fred and the team turned the place around to profitability and improved the culture significantly.  They also risked it all by pushing back on a very large client who had caused them significant financial losses with some drawing errors.  There are some really great takeaways from this interview that all leaders should hear.

About UltraTech Aerospace:
UltraTech Aerospace is a leader in providing OEM aerospace products and services to the commercial and defense industries.  Located in Kansas City, Kansas, their philosophy is to achieve the highest quality standards in the aerospace industry, while creating efficiencies when producing our products—from the management level, all the way down to day-to-day operations.

Follow Fred and UltraTech Aerospace:
Personal LI: /fred-stipkovits-2057862a
Company LI: /ultra-tech-aerospace
Website: www.utaero.com


Paul Van Metre hosts Machine Shop Mastery, a conversation grounded in the real-world challenges and triumphs of running a precision manufacturing business. This isn't about abstract theory; it's a deep dive into the shop floor, focusing on the practical strategies that turn a technical skill into a sustainable and growing enterprise. Each episode pulls back the curtain on the operational, financial, and personal leadership aspects that define a successful shop, moving beyond the blueprints to talk about building a resilient business. You'll hear candid discussions about navigating client relationships, managing cash flow, investing in the right equipment, and developing a team that can execute complex work. The podcast aims to underscore the critical role these businesses play as community anchors and economic engines, often overlooked in broader industry talks. For current shop owners, the insights offer a path to refine their operations and boost profitability. For aspiring entrepreneurs with a passion for machining, these conversations provide a clear-eyed look at what it truly takes to launch and scale. Tune in for straightforward advice and stories that connect the craft of machining with the art of building a lasting legacy.
Author: Language: en-us Episodes: 100

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