BNET Industries
Last Fiscal Year Sales:$15.0M
- Private
- US
Dow Jones Description
Pacific Press Technologies revolutionized the metal forming industry in 1945 with the introduction of the first hydraulic press brake in the United States. Over the next ten years, the company further developed the product and became an international company with a dominant domestic midwestern market. In 1955, manufacturing was moved from the original Oakland, California location to the current location to be closer to the key metalworking markets. Later, all operations were consolidated to the single Mt. Carmel, Illinois location. The product line was expanded to include hydraulic production shears and hydraulic presses in addition to the press brakes. For nearly 60 years, the company's focus has been the development of innovative hydraulic powered products for metal and composite forming. Pacific Press Technologies, LP is one of the resources of a group of companies in the industrial products and machinery sector. This Group is focused on components and machinery for plastics and metal product production.
Chairman & CEO
Mike SteinNumber of Employees 80
Peer Companies
NAICS Code Machine Tool (Metal Cutting Types) Manufacturing: 333512
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Jeff Burkett | President |
| Gordan Baker | Vice President Director of Product Technologies |
| Kay McCandless | Vice President Finance |
| Mike Gill | Vice President, Manufacturing |
| Steve Schurman | Director of Sales and Marketing |
| Amy Pearson | Manager Inside Sales |
| Archie Davis | Service Manager |
| Brent Weir | Parts Sales Manager |
| Bruce Pearson | Manager, Inside Sales |
| Dan Peach | Pep Sales Manager |
| John Wilson | Manager Inside Sales |
| Mike Rose | Regional Manager |
| Becky Majors | |
| Sharon Vinsel | Coordinator, Parts Sales |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Mike Stein | Chairman & CEO |
| Organization | Position | Status |
|---|---|---|
| Pacific Press Technologies LP | Chairman & CEO | Current |
Burkett added, "Our plant currently has 75,000 sq. ft. of office and manufacturing space. We have 20 employees with 12 in the shop and 8 in the office. Currently, we are doing enough product that we're staying where we need to be for people and equipment, but as we grow, obviously our workforce in the shop is going to increase." To get into the utility pole manufacturing business and take care of their $1.6 million backlog of orders, Burkett said they had to acquire the right equipment to give them the flexibility and productivity they needed. They looked at several press brake companies' equipment, but settled on Pacific Press Technologies L. P. (Mt. Carmel, IL). From Pacific, they purchased two Fabri-K 750-25/22 DNC hydraulic tandem press brakes. Along with this purchase, they added material handling equipment that would let them be very productive and cost competitive for pole manufacturing. Pacific provided Southeast Fabricators with two 750-ton, 25-foot tandem press brakes. Pacific provided Southeast Fabricators with two 750-ton, 25-foot press brakes that are connected in tandem using Pacific's unique electrical and hydraulic synchronization. This arrangement gives the company a 50' long bed for long part forming and two individual brakes for short parts. The brake has a 44" throat that allows Southeast to produce up to a 28" diameter pole in one setup without turning it around. The system uses a laser-line generator at each end of the press brake, which is integrated into the electrical system. A visible red laser line is projected along the centerline of the tooling and across the plate for positioning the bend line accurately. "When we took possession of this equipment, we had already backlogged a lot of work. We were not manufacturing any kind of poles prior to purchasing it either. So this forming equipment was very vital to us opening up the utility pole side of our business," Burkett remarked.
| Organization | Position | Status |
|---|---|---|
| Pacific Press Technologies LP | President | Current |
| Organization | Position | Status |
|---|---|---|
| Pacific Press Technologies LP | Vice President Director of Product Technologies | Current |
| Organization | Position | Status |
|---|---|---|
| Pacific Press Technologies LP | Vice President Finance | Current |
| Pacific Press Technologies LP | Finance Executive | Current |
| Organization | Position | Status |
|---|---|---|
| Pacific Press Technologies LP | Vice President, Manufacturing | Current |
| Organization | Position | Status |
|---|---|---|
| Pacific Press Technologies LP | Director of Sales and Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Pacific Press Technologies LP | Manager Inside Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Pacific Press Technologies LP | Service Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Pacific Press Technologies LP | Parts Sales Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Pacific Press Technologies LP | Manager, Inside Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Pacific Press Technologies LP | Pep Sales Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Pacific Press Technologies LP | Manager Inside Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Pacific Press Technologies LP | Regional Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Pacific Press Technologies LP | Current |
| Organization | Position | Status |
|---|---|---|
| Pacific Press Technologies LP | Coordinator, Parts Sales | Current |
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