R.E. Purvis & Associates, Inc. Company Profile

Background

Founded in 1990, R.E. Purvis & Associates, Inc. has established itself as a leading distributor of seals and related industrial components in the Upper Midwest. The company is dedicated to providing high-quality parts that enable clients to produce superior products. With over three decades of technical expertise, R.E. Purvis offers innovative solutions tailored to meet the stringent requirements of various industries. The company's mission is to simplify the sourcing of high-quality components, ensuring clients receive optimal solutions for their specific applications.

Key Strategic Focus

R.E. Purvis specializes in distributing a wide range of industrial components, including:

PTFE-coated O-rings

Rod seals

Piston seals

Head seals

Rod wipers

Wear rings

Bearing isolators

Back-up rings

Urethane O-rings

The company serves diverse industries, including off-highway equipment, off-road recreation, fluid power, lawn and garden, semiconductor, life sciences, and more. Their strategic focus is on delivering dependable, in-stock parts and custom-engineered solutions that enhance supply chain performance and reduce production costs.

Financials and Funding

As of recent estimates, R.E. Purvis & Associates, Inc. reports annual revenues ranging between $7.5 million and $11.5 million, with a workforce of approximately 33 to 47 employees. The company has raised a total of $974,000 in funding over two rounds.

Technological Platform and Innovation

R.E. Purvis offers several value-added services to support their clients' needs:

Kitting & Assembly: Streamlines the procurement process by sourcing and assembling individual components, reducing errors and delays.

3D Printing: Provides rapid prototyping capabilities, allowing clients to quickly create physical models to test design and functionality.

Vendor Managed Inventory: Monitors client stock levels and replenishes inventory based on agreed schedules, ensuring uninterrupted production.

Rapid Prototyping: Facilitates the swift creation of prototypes to assess design, functionality, and manufacturability.

These services underscore the company's commitment to delivering high-quality products and custom-engineered solutions that lower total production costs.

Leadership Team

The leadership team at R.E. Purvis & Associates, Inc. includes:

Melinda Hiepler: Chief Executive Officer

Tim O'Brien: Sales Manager

Drew Syring: Technical Services Manager

Rahul Dutt: Production Manager

Dave Erkens: Team Leader

This experienced team drives the company's strategic initiatives and operational excellence.

Competitor Profile

Market Insights and Dynamics:

The industrial components distribution market is characterized by steady demand across various sectors, including manufacturing, construction, and technology. Key factors influencing the market include technological advancements, supply chain optimization, and the need for high-quality, reliable components.

Competitor Analysis:

R.E. Purvis & Associates, Inc. faces competition from several companies in the industrial components distribution sector:

Vesuvius: Provides molten metal flow engineering and technology services.

KLINGER Holding: Manufactures and supplies industrial sealings, fluid control, and monitoring systems.

Tyrolit: Produces grinding and dressing tools.

Wyman-Gordon: Supplies forged components.

These competitors offer overlapping products and services, contributing to a competitive landscape where innovation and customer service are key differentiators.

Strategic Collaborations and Partnerships

R.E. Purvis collaborates closely with vendor partners to manage product supply throughout the entire lifecycle of client applications. This includes quick prototype turnaround, testing support, finite element analysis (FEA), logistical planning aligned with supply chain needs, and warranty monitoring to ensure quality and reliability.

Operational Insights

The company's ISO 9001:2015 certification reflects its commitment to quality management systems, ensuring consistent delivery of products and services that meet customer and regulatory requirements. As a family-owned business with second and third generations actively involved, R.E. Purvis emphasizes strong customer relationships and personalized service.

Strategic Opportunities and Future Directions

R.E. Purvis & Associates, Inc. is well-positioned to capitalize on opportunities in emerging industries such as smart home devices, electromechanical systems, and advanced manufacturing. By leveraging their technical expertise and commitment to quality, the company aims to expand its market presence and continue delivering innovative solutions to meet evolving customer needs.