KKSP Precision Machining Company Profile

Background

Company Overview

Founded in 1968, KKSP Precision Machining, LLC is a leading North American manufacturer specializing in high-volume, precision-machined metal components. With over five decades of experience, KKSP has established itself as a key player in the precision turned components industry, serving a diverse range of sectors including HVAC, fire suppression, appliance, defense, automotive, heavy truck, plumbing, medical, and marine industries.

Mission and Vision

KKSP is committed to delivering world-class quality, timely delivery, and exceptional service to its customers. The company's mission focuses on leveraging its extensive technical expertise and operational scale to provide unparalleled value to clients across various industries.

Key Strategic Focus

Core Objectives and Specialization

KKSP's strategic focus centers on producing high-volume, medium-tolerance, precision-machined metal components. The company specializes in manufacturing parts primarily on automatic screw machines, with a particular emphasis on brass components. As the largest Davenport screw machine operator in the United States, KKSP utilizes its significant scale and deep technical expertise to deliver value stream advantages to its customers.

Key Technologies and Markets

The company operates over 570 primary machines across facilities in Illinois, Wisconsin, Michigan, Mexico, and Connecticut, producing over 350 million parts annually. KKSP's technological capabilities include a range of screw machines and CNC equipment, enabling the production of components with exacting print specifications for a diverse customer base.

Financials and Funding

Ownership and Investment History

In June 2022, Pine Grove Holdings LLC acquired a majority stake in KKSP from Mill Point Capital LLC, which had owned the company since 2017. Mill Point Capital retained a minority stake following the transaction. This acquisition aimed to support KKSP's continued growth and expansion into new markets.

Pipeline Development

Acquisitions and Expansion

KKSP has pursued strategic acquisitions to enhance its capabilities and market reach:

Grove Industries Inc. (August 2019): A manufacturer of brass machined metal hose fittings and adapters, expanding KKSP's product offerings.

Prime Engineered Components Inc. (March 2020): A producer of aluminum, brass, and stainless steel custom metal components, broadening KKSP's material capabilities and customer base.

PRO Manufactured Products Inc. (April 2020): Specializing in stainless steel, aluminum, and other metal alloy components, this acquisition enhanced KKSP's expertise in complex parts and challenging alloys.

Hy-Production Inc. (December 2024): A vertically integrated contract manufacturer specializing in complex, mission-critical precision-machined components and assemblies, primarily serving industrial, agricultural, construction, and mobile hydraulics markets.

Technological Platform and Innovation

Proprietary Technologies and Methodologies

KKSP's technological platform includes a diverse array of screw machines and CNC equipment, enabling the production of components with exacting print specifications. The company's facilities are ISO/IATF 16949 certified, ensuring adherence to stringent quality standards. KKSP employs state-of-the-art touch-free gauging and attribute verification equipment, facilitating real-time process control and continuous improvement.

Leadership Team

Executive Profiles

Nelda J. Connors: Serving as Chairwoman and CEO, Ms. Connors brings three decades of experience in the industrial, manufacturing, and automotive industries. She also serves as a board director at several leading companies, including Arconic Corporation and Zebra Technologies.

Dave Dolan: As President and CEO, Mr. Dolan has led KKSP through significant growth and strategic acquisitions, enhancing the company's capabilities and market presence.

Leadership Changes

In December 2024, Nelda J. Connors was appointed Chairwoman and CEO of KKSP, bringing extensive experience in the industrial and manufacturing sectors to the company's leadership team.

Competitor Profile

Market Insights and Dynamics

The precision machining industry is characterized by a competitive landscape with numerous players specializing in high-volume, precision-machined components. Key factors influencing the market include technological advancements, quality standards, and the ability to serve diverse industries.

Competitor Analysis

While specific competitors are not detailed in the available information, KKSP's strategic acquisitions and technological capabilities position it favorably within the industry. The company's focus on quality, scale, and diverse material expertise provides a competitive edge in serving a broad customer base.

Strategic Collaborations and Partnerships

KKSP's acquisitions, such as those of Hy-Production Inc., Prime Engineered Components Inc., and PRO Manufactured Products Inc., have strengthened its market position and expanded its capabilities. These strategic moves have enhanced KKSP's ability to meet evolving customer demands and enter new markets.

Operational Insights

KKSP operates four world-class manufacturing facilities strategically located in the U.S. and Mexico, totaling over 230,000 square feet. These facilities are fully ISO/TS accredited and embrace Lean and Continuous Improvement philosophies, ensuring high-quality production and efficient operations.

Strategic Opportunities and Future Directions

Under the leadership of Nelda J. Connors and with the support of Pine Grove Holdings, KKSP is poised for continued growth. The company's strategic acquisitions and focus on technological advancement position it to capitalize on emerging opportunities in the precision machining industry.

Contact Information

For more information, please visit KKSP Precision Machining's official website:

Note: Specific contact details such as address, phone number, and email are not provided in this profile.