Episode 353
MakingChips Seasons: Big MFG Leader to Small MFG Owner with Steve Burkett, 353
Making Chips Podcast for Manufacturing Leaders · Jason Zenger, Nick Goellner, Mike Payne, Steve Burkett
April 3, 202336m 27s
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Show Notes
Steve Burkett has been in global aerospace manufacturing for 30 years. One year ago, he bought a well-established local shop and is now the President and CEO of Auto-Turn Manufacturing. Steve transitioned from being a big MFG leader to a small MFG owner. In this episode of MakingChips, Steve covers the good, bad, and the ugly of the transition. Is he MakingChips? Is he MakingMoney? There's only one way to find out. BAM!
– Mike
Segments- [1:56] Our warm MakingChips welcome for Steve Burkett
- [3:10] What's the chip on your shoulder?
- [7:34] Big MFG leader to small MFG Owner
- [14:26] What Steve's learned that benefits his company
- [17:23] The Industrial Buying Engine with Thomasnet™
- [21:08] Why Steve chose to purchase Auto-Turn
- [27:03] How Steve connected with a private equity firm
- [28:07] Steve's advice for those considering ownership
- [31:01] The next steps for Auto-Turn Manufacturing
- [34:33] The Lean Setup Guide from ProShop
- Get 25% off an annual Thomas™ subscription with code CHIPS25
- The Lean Setup Guide from ProShop