Four U.S.-based industrial manufacturing companies – Summit Steel & Manufacturing, Inc., Fairlawn Tool, Inc., Laser Specialties, Inc. and Summit Storage Solutions – have formed Caldera Manufacturing Group, a new manufacturing entity. The combined operation becomes one of the largest and most comprehensive single-source solution providers within the manufacturing space.
As part of and to guide the four companies through the merger, Caldera Manufacturing Group has hired longtime industry leader Mark Jurman, who brings more than 25 years of experience within the global industrial manufacturing space, as CEO. In this role, Jurman will be responsible for Caldera Manufacturing Group’s overall operations while establishing company goals and strategic direction for the newfound entity to not only maintain the success of the combined four companies but to expand on growing services and capabilities.
“What we’ve done is take four companies focused on four different market segments and combined them to provide flexibility and ease for customers. Instead of dealing with multiple suppliers, they can now deal with one. We are very aggressively investing in the company, including pursuing other upcoming acquisitions. We want to expand our capabilities and eventually be a one-stop shop for all of our customers.”
Among the drivers behind the combined entity is the possibility for growth in domestic manufacturing through reshoring and the ongoing labor shortage.
“We’re commonizing our capabilities, so we offer the supply chain the ability to manage one supplier instead of multiple suppliers. If you’ve ever been in purchasing you know, dealing with multiple suppliers takes a lot of time and effort. The other thing we’re doing is growing the workforce of tomorrow.”
Caldera Manufacturing Group will specialize in providing unparalleled manufacturing and fabrication solutions across a variety of industries, including aerospace, agricultural equipment, conventional and alternative energy, automotive, consumer products, construction, entertainment, military/defense and recreational vehicles. Some of Caldera Manufacturing Group’s current capabilities include 2D sheet laser cutting, 3D tube laser cutting, bending and forming, centerless grinding, CNC turning and milling, manual and robotic welding, stamping, tubular bending, batch and automated powder coating, turret punching and value-added assembly.