60. Running Machines 168 Hours a Week with Jim Goerges from Precision Tool Technologies

60. Running Machines 168 Hours a Week with Jim Goerges from Precision Tool Technologies

Author: Paul Van Metre August 14, 2024 Duration: 1:10:09

60. Running Machines 168 Hours a Week with Jim Goerges from Precision Tool Technologies

Jim is a finance guy with a passion for machining and never giving up on achieving maximum production. Those passions have helped fuel the growth of Precision Tool Technologies and 168 Manufacturing which Jim leads. In this episode we go deep on the concepts, strategies and tactics of getting maximum production in a precision machining business. We also discuss company building with the team you hire, the tenants live by and the values that guide the organization.  Jim is a high energy, fun, and humble guy that you're sure to enjoy learning from.

About Precision Tool Technologies:
Precision Tool is an original equipment manufacturer of products for the prescription eye-wear industry and CNC machine shops. Customer's are worldwide and our product offering includes equipment, precision machined gages, jigs, fixtures, processing components, injection molded parts, fabricated stainless steel vessels, and custom components and equipment. We have 2 operating locations with engineering, tool and design, mold making, manufacturing engineering, and warehousing for products. We sell and distribute products worldwide.

Follow Jim Goerges and Precision Tool Technologies on Social Media:
Personal LI: /jim-goerges
Company LI: /precision-tool-technologies-inc-
Website: www.precisiontooltech.com
Facebook: /Precisiontooltech
X: @PrecisionTool
YouTube: /MrPrecision10


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

Machine Shop Mastery
Podcast Episodes
93. A Builder at Heart Pivots and Buys a Machine Shop [not-audio_url] [/not-audio_url]

Duration: 1:17:57
Buying a machine shop is never simple — and for Matt Fortner, it was a leap into the unknown. Coming from backgrounds in plumbing, industrial fittings, product development, and even scrap metal buying, Matt felt a pull t…
91. Passion and Excellence Personified with Ty Haguewood [not-audio_url] [/not-audio_url]

Duration: 1:14:23
As a host, I've met hundreds of shop owners, but every once in a while, I meet someone whose story stops me in my tracks. Ty Haguewood, General Manager and CFO of Manufacturing Technologies, Inc. (MTI) and Stone Mather D…
90. Burnout Killed This Machine Shop [not-audio_url] [/not-audio_url]

Duration: 59:54
When you've poured 46 years of your life into building a thriving precision machine shop—one that grew from a one-man garage to 50 employees, world-class equipment, and top-tier aerospace customers—you don't expect it to…
89. Lessons Learned from Buying & Losing a Machine Shop | Mark Heston [not-audio_url] [/not-audio_url]

Duration: 1:07:26
In this powerful and deeply candid conversation, I sat down with Mark Heston, who first appeared on Episode 51 to share his story of buying and rebuilding an aerospace machine shop specializing in landing-gear components…
88. Learning, Building & Teaching with John Saunders [not-audio_url] [/not-audio_url]

Duration: 1:03:15
I've admired John Saunders for a long time. Most of you probably know him as the force behind the NYC CNC YouTube channel, the Business of Machining podcast, and of course, Saunders Machine Works. John has been creating…
87. People and Technology: Building an Enduring Shop [not-audio_url] [/not-audio_url]

Duration: 50:18
When I think about the shops that inspire me most, it's the ones that balance cutting-edge technology with a deep investment in people. That's exactly why I loved sitting down with Steve and Eric Van Orden of Paramount M…