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Pace Tool & Engineering, Inc. 250.18%
Total Growth
2675 Grissom Street Columbus, IN 47203 812.373.9885
Pace
Tool & Engineering was founded in 2001 by Todd Burbrink, Don Coombs,
and Mark Thomson. Together,
the three partners have over sixty years of experience in different
disciplines of the tool trade, including hydraulic and pneumatic machines,
CNC machining, computer aided drafting, progressive dies, part fixturing,
and gauging. With this
technical expertise, they offer sheet metal stamping dies, fixturing,
custom machining, prototype parts, and manufacturing support for
production welding and automated assembly equipment.
The
partners have not only immersed themselves in the tool trade but have
learned the importance of combining business with technical expertise.
They’ve learned that it’s not always easy to manage a high
growth company and admit that any business needs to “be prepared to work
long, hard hours when required to honor commitments.”
They also recognize the importance of cooperating with their
competition, and through this, their competitors have become some of their
best customers. “One of our greatest successes is providing a safe, comfortable, Christian workplace for our employees and customers.”
-Mark Thomson, owner/partner
Pace
Tool began operations with an explosive start: revenue growth of 170% the
first year and 109% in the second year.
Over the first three years alone, they experienced 465% total
growth. Another
important fact to note about Pace Tool & Engineering, a company only
operating for a little over four years, is that they have already paid off
all of their equipment and are operating as a debt free business.
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