Industrial Entrepreneurs
Industrial Entrepreneurs
#8 Starting a machine shop when the economy is crashing w/ Tim Drinkwater
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#8 Starting a machine shop when the economy is crashing w/ Tim Drinkwater

Lessons learned from 18 years of building a machine shop.

My guest today is Tim Drinkwater, founder and owner of Accurate Machine Products.

Tim started as a machinist. He launched AMP in 2007 and has been in the industry for over 20 years.

Most manufacturing businesses last around 7 years. AMP is pushing 18.

In this episode, Tim shares how he built a company that lasts, what he’s learned about running a shop through highs and lows, and why he’s still passionate about the work.

Chapters

00:00 Introduction and Background

03:02 Journey into Manufacturing

06:14 Early Career Experiences

09:05 Transition to Management and Education

11:57 Founding Accurate Machine Products

14:58 Growth and Development of the Business

18:27 Starting a Business in a Recession

24:30 Navigating Early Challenges and Growth

30:40 Lessons Learned from 18 Years in Business

36:43 The Joys of Problem Solving and Community Engagement

41:56 Advice for Aspiring Manufacturing Business Owners

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