Park Industries Company Profile

Background

Founded in 1953 by Leon Schlough, Park Industries® has established itself as North America's largest manufacturer of stoneworking machinery. The company is dedicated to delivering high-precision fabrication solutions that enhance customer profitability and machine uptime. With a steadfast commitment to quality, customer service, and innovative technology, Park Industries® has sold over 18,000 machines across North America.

Key Strategic Focus

Park Industries® specializes in designing, manufacturing, and supporting a comprehensive range of stone fabrication equipment, including CNC saws, bridge saws, routers, edge polishers, and water systems. The company's strategic objectives center on providing solutions that transform operational challenges into profitable outcomes for clients. By focusing on precision, performance, and peace of mind, Park Industries® aims to be the trusted advisor in the stone fabrication industry.

Financials and Funding

As of June 2025, Park Industries® reported annual revenues of approximately $75 million. The company operates as a 100% family-owned and operated business, maintaining financial independence without reliance on external funding.

Pipeline Development

Park Industries® continually innovates its product lineup to meet evolving industry demands. Recent developments include the launch of the JAVELIN™ CNC Sawjet, TITAN® 4000 CNC Router Series, and HydroClear™ PRO 400 Water Recycling System in 2023. In 2024, the company introduced the SlabVision™ Slab Scanner, enhancing precision imaging and slab inventory management for stone fabricators.

Technological Platform and Innovation

Park Industries® distinguishes itself through a vertically integrated manufacturing process, ensuring complete control over design and production. The company employs advanced technologies such as robotic welding, CNC cutting, 5-axis milling machines, and Faro lasers to achieve optimal accuracy and component quality. This commitment to innovation results in durable, high-performance machinery tailored to the needs of stone fabricators.

Leadership Team

The leadership team at Park Industries® includes:

Joan Schatz, Co-President, who has been instrumental in strategic planning and operational excellence.

Mike Schlough, Co-President, focusing on innovation and customer relations.

D. A., Chief Financial Officer, overseeing the company's financial health and growth strategies.

This team collectively drives the company's mission to provide exceptional customer support and innovative equipment.

Leadership Changes

In 2012, Mike Schlough and Joan Schatz assumed the roles of Co-Presidents, marking a significant leadership transition that has guided the company through continued growth and innovation.

Competitor Profile

Market Insights and Dynamics

The stone fabrication machinery market is characterized by steady growth, driven by increasing demand for precision and efficiency in stone processing. Technological advancements and automation are key trends shaping the industry.

Competitor Analysis

Park Industries® faces competition from companies such as Hornet Cutting Systems and Stone City Products. Hornet Cutting Systems specializes in CNC plasma cutting machines, while Stone City Products offers a range of metal fabrication services. Despite these competitors, Park Industries® maintains a leading position due to its comprehensive product offerings and commitment to customer service.

Strategic Collaborations and Partnerships

Park Industries® emphasizes strong partnerships with its customers, acting as a trusted advisor to enhance their operational success. The company's culture, known as the ParkWay, fosters trust, integrity, and respect, ensuring long-term relationships and customer satisfaction.

Operational Insights

The company's vertically integrated manufacturing process allows for complete control over quality and production timelines. With over 200,000 square feet of manufacturing space and a team of approximately 320 associates, Park Industries® ensures efficient operations and high-quality output.

Strategic Opportunities and Future Directions

Looking ahead, Park Industries® plans to continue its focus on innovation and customer-centric solutions. The company aims to expand its product offerings and explore new technologies to meet the evolving needs of the stone fabrication industry. By leveraging its strengths in manufacturing excellence and customer relationships, Park Industries® is well-positioned for sustained growth.