How a Navy SEAL Runs a Machining Company, with Bill Berrien (Part II)—EP172

December 15, 2022 - 2:20pm -- Selcuk Gulboy

After serving in the Navy SEALs for nine years, Bill Berrien retired from the military in 1999, ready for a new chapter in his life. He attended Harvard business school where there were six other SEALs in his class.

After graduating from Harvard, Bill worked as a Six Sigma Blackbelt at General Electric Health Care, which brought him to the Milwaukee area in 2002. Rather than climb the ladder at a large corporation, Bill’s ambition was to eventually acquire his own business. 

How a Navy SEAL Runs a Machining Company, with Bill Berrien (Part I) — EP171

December 8, 2022 - 1:51pm -- Selcuk Gulboy

Bill Berrien has had an extraordinary professional journey.

He earned an MBA at Harvard, worked for General Electric and then in private equity. Ten years ago, he purchased Pindel Global Precision, a successful two-generation machining company near Milwaukee, Wisconsin, which he has modernized and grown over the past decade.

Oh, I forgot to mention, he was also a Navy SEAL officer for nine years.

Buying the Bones

November 15, 2022 - 2:48pm -- Selcuk Gulboy

Two clients in the machining business. One is going up for auction soon. The other hopes to sell for $10M. Both are family businesses run by brothers. One runs mostly National Acmes, the other Davenports, Wickmans, and Brown & Sharpes.

One has well-trained operators, the other says they are quitting the business because they can’t get an operator nor setup man.

The one that is auctioning off their machines did mostly military and medical, the successful shop is almost all automotive.

An Offer Too Good to Refuse

November 3, 2022 - 2:05pm -- Selcuk Gulboy

Everyday, Graff-Pinkert runs into a myriad of excuses why people won’t purchase a used machine tool from us. Maybe they don’t have the work. Maybe they don’t have the expertise to run a machine. Maybe they are not sophisticated in negotiating with buyers and suppliers. Maybe they don’t have enough money.


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