Episodes

Federico Veneziano didn’t just buy the machine shop he worked for — he became the sole owner of a 70-year-old company and then changed its name, culture, and direction. When Federico bought American Micro three years ago, there were over 25 shareholders. Now there’s one. The company had 86 employees. Now it’s 130. And the name? Gone. It’s BoldX Industries now. This is part two of our interview. In part one, we covered his journey from Italy to DMG to American Micro to ownership. This episode i...

At 12, he was cutting metal in northern Italy. By 21, he was teaching DMG’s own technicians how to use their machines. At 47, he owns the whole company he first walked into just to set up a machine. Federico Veneziano is the owner of BoldX Industries and an old friend of mine. His story requires two episodes. This is part one: the serendipity, the winding path through shops and countries and setbacks. Part two, we will get into what he’s building now. But first, this is how he got here. Listen...

What happens when a mechanical engineering instructor actually comes from industry—not academia? My guest on today’s podcast is Andrew Schiller from Utah Tech, who spent six years at Caterpillar and GE, and studied theology at seminary, before landing in the classroom. He’s teaching students to think like business owners—understanding costs, not just making parts. But more than that, his students aren’t just learning to push buttons, they’re falling in love with creating things that actually ma...

Is an Acme-Gridley the mink coat of machine tools? A well made product that still does a great job, but nobody wants another one. In 2025? No. Not yet. On today’s podcast, Lloyd and I talk about our used machinery business over the last year. We saw one customer drop 20 million for five INDEXs to replace every cam screw machine in their shop. At the same time we sold machines to a multinational automotive supplier who is buying hundreds of Davenport screw machines—many older than me—I’m 45 by ...

Today I’m talking to a guy who believes every company needs to be built to last—not just to flip. Neil Lansing is a turnaround specialist who left private equity to bet his own money on small, underperforming businesses. He’s taken companies from 18 employees to over 400. From $2 million to $40-50 million in revenue. And when everyone else was laying people off in 2008, he told his refrigeration company’s team: “We need more clients.” After transforming mom-and-pop service companies one after ...

Our guest on the podcast today is Shawn Gaskin, owner of Swiss Technologies of New England and Stone Medical in Plainville, Massachusetts. Shawn started Swiss Technologies over 20 years ago, with one L20 Citizen making parts out of sterling silver for Tiffany and Company. Over the years, his company has grown into a diversified shop, doing a significant amount of medical work. If you want to learn about the medical Swiss components business I recommend you check out this interview. Scroll down t...

Our guest on today’s podcast is Elliott May, engineer at BME in Port Huron, Michigan. BME builds original custom attachments for cam multi-spindles. They also rebuild Acme-Gridley screw machines. Elliott and I talked about a lot of fascinating things in this interview. How to keep old mechanical beasts relevant, getting young people into machining, and what it’s like to work closely everyday with your dad—who’s also the boss. Scroll down to read more and listen to the podcast. Or listen on your...

Most of us don’t have a knack for pivoting. We follow the standard curriculum, and we keep going forward when we get in a lane, whether we believe it’s the right direction or not. But for Michael Gimbel, my guest on today’s show, seeing setbacks as serendipity and then pivoting is a natural gift. Michael built a CNC router in his garage by age 12. He dropped out of an elite university after one year to start a company selling 3D printing technology that he invented. When the company failed, ...

Is an Acme-Gridley the mink coat of machine tools? A well made product that still does a great job, but nobody wants another one. In 2025? No. Not yet. On today’s podcast, Lloyd and I talk about our used machinery business over the last year. We saw one customer drop 20 million for five INDEXs to replace every cam screw machine in their shop. At the same time we sold machines to a multinational automotive supplier who is buying hundreds of Davenport screw machines—many older than me—I’m 45 by ...

Last week, I heard a story about an old customer of Graff-Pinkert who lost three key machinists because a shop down the street was paying more. It led me to make a post on Linkedin, asking if machinists and setup people were paid enough to attract young people to the machining field. On the whole, commenters vented that they were not compensated what they felt they deserved working in the machining industry. The post has 53 comments so far (I’m usually lucky to get one). The big question is, ar...

Today I’m talking to a guy who believes every company needs to be built to last—not just to flip. Neil Lansing is a turnaround specialist who left private equity to bet his own money on small, underperforming businesses. He’s taken companies from 18 employees to over 400. From $2 million to $40-50 million in revenue. And when everyone else was laying people off in 2008, he told his refrigeration company’s team: “We need more clients.” After transforming mom-and-pop service companies one after ...

Our guest on today’s podcast is Joe Bennett, Vice President of Sales at Seaway Bolt and Specials, a privately held cold heading company in Columbia Station, Ohio, founded in 1957. In the cold heading process, coiled steel is cut into slugs, which are then hit multiple times, ultimately pounding them into a desired shape. The cold heading process is capable of producing several hundred pieces per minute. Some cold-headed products are net shaped blanks that are shipped to machining companies who ...

The last six months I’ve been using AI to help me with everything from business negotiations to dealing with my kid’s pneumonia. It’s become a daily part of how I operate—at work and at home. The big difference between it and just googling is that you have a conversation with it. Check out the video I made for my YouTube Channel, I Learned It on a Podcast! What the Heck is AI Anyway? If you’ve used ChatGPT or heard about it, you might still be wondering what it actually does. Wharton professor...

We’re seeing an uptick in the Swiss market on the Graff-Pinkert side of the business, particularly Citizen machines. In response, we thought now was a great time to share an interview Noah conducted in 2021 about Swiss-Type CNC machining. He talks to Marc Klecka, founder and president of Concentric Corporation, a prominent distributor of Citizen-Cincom CNC Swiss lathes in Cleveland, Ohio. Read more below or tune in! ************* Listen on your favorite podcast app using pod.link. . View the ...

“Rare earths aren’t actually rare, nor are they earths,” Julie Klinger told me. Julie is an associate professor at UW Madison and literally wrote the book on rare earth elements—Rare Earth Frontiers: From Terrestrial Subsoils to Lunar Landscapes. I interviewed her last week, the day after Trump signed a rare earths deal with China, which had been threatening export restrictions. I knew from all the hubbub they were important for US national security and our supply chain, but I didn’t realize the...

In part 1 of my interview with Bill Cox, owner of Cox Manufacturing in San Antonio, Texas, Bill talked about the power of his company’s robust apprenticeship program. But how does Cox Manufacturing get so many employee candidates, while most machining companies are dying to get any job applicants? Answer—the company has built a strategic recruiting program. Scroll down to read more and listen to the podcast. Or listen on your phone with Apple Podcasts, Spotify, or your favorite app. Some of the...

Unlike the majority of machining companies right now, struggling to find enough skilled people to fulfill demand, Cox Manufacturing in San Antonio, Texas, boasts a continuous pipeline of new talent. In fact, Bill Cox, the company’s owner, says right now the company has a stack of applications for shop apprenticeships, of which he will pick an average of one for every 50 candidates. Cox Manufacturing specializes in producing high volumes of turned parts. I’ve been to his facility several times an...

Last week another machinery dealer mentioned that being a family business was part of why she wanted to work with us at Graff-Pinkert. I don’t know if that was the deciding factor, but it reminded me that persuasion often happens before you say a word. This concept of convincing someone before you even start making your pitch was coined “pre-suasion,” by bestselling author Robert Cialdini, one of the world’s leading experts on persuasion. I often use his techniques in our machinery business. So...

On today’s podcast, we interviewed Aneesa Muthana, owner of Pioneer Service Inc., a CNC machine shop that features 26 Star CNC Swiss lathes. Aneesa shared her fond memories of being raised on the floor of a centerless grinding shop, M&M Quality Grinding, founded by her Yemeni immigrant parents. While other girls were playing with Barbie dolls, Aneesa relished learning to use micrometers and cleaning out oil tanks from Cincinnati centerless grinders. At 23 she left M&M, where she had once thought...

Today I’m going to tell you how to get lucky. It seems like some people are always in the right place at the right time getting all the lucky breaks, while the rest of us watch from the sidelines. I often feel like I’m in that sideline category too. But as used machinery dealers, our business is fueled by luck, or as I like to call it, serendipity. So I’ve spent years figuring out how to make luck happen more often. (Blog continues below video) ************* Listen on your favorite podcast ap...

My guest on today’s show is Kris Fugate, President of Revolution Machine Works, a prominent rotary transfer machine rebuilder, specializing in Hydromats. Hydromats can seem strange and overwhelming to those unfamiliar with them. Some say they their circular shape with 12 or 16 work stations reminds them of a UFO, and the machines can crank out complex turned parts like nothing else out there. ************* Listen on your favorite podcast app using pod.link. . View the podcast at the bottom of...

What if I told you there’s a tool that can look at a photo of your weld and tell you exactly what you screwed up. The tool could also help you figure out that your machining problem isn’t your end mill, it’s actually your coolant, and it costs less than hiring one person? On today’s show, I’m talking with Adam Marsh, president of Ledge Inc, who calls his company an “AI integrator” for manufacturing companies. Think robot integrator, but for artificial intelligence. His company provides tools th...

Are you vaccinated against the Virus? Is your computer system prepared for the inevitable attack? Today’s podcast discusses the scary reality that manufacturers are the number one target of cyber attacks around the globe. Manufacturing companies are at risk for ransomware and intellectual property theft. It’s even possible for hackers to take control of a factory’s machine tools remotely. I interviewed Drew Phillips, senior systems integration engineer at MxD (Manufacturing x Digital), a company...

I highly recommend you watch the video version of this podcast. Click on the link to go to the video. I won a few big matches on my high school Tennis team, but I was never awesome. I never won the big tournaments. What killed me was that I always had more fun and played better in practice than in big matches when pressure made my muscles tight. For the last few months, I’ve been fascinated by a discovery a tennis pro made 50 years ago that’s revolutionizing how people perform under pressure. ...