Towne Machine Tool

Industrial Machinery & Equipment · Illinois, United States · 11-50 Employees

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Overview

Headquarters

1009 Lynch Rd, Danville, Illinois, 61834...

Phone Number

(217) 442-4910

Revenue

<$5 Million

Industry

Industrial Machinery & Equipment Manufacturing
ZI Rank: 1
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ZI Rank
1
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About Towne Machine Tool

Towne Machine Tool Company was formed by brothers George Towne and Lewis Towne in 1947. The company was founded as a family owned and operated business. The focus was, and still is, on the employment of qualified and capable people with dedication to quality craftsmanship, efficiency, and customer service. The current President and CEO, Scott Towne, is the grandson of Lewis Towne. He maintains the original founders' vision of management as an active leader in the day-to-day as well as strategic decisions. For decades Towne has worked with leaders within a variety of industries (locally and internationally) to develop new technology, machinery, and tooling. TMT regularly provides service to customers within the food service industry, automotive and aerospace, and E-Lance firms and engineers. They currently build, restore, and update meat packaging machinery, components, and custom machinery. They also build custom machinery for automotive applications and in-process equipment for continRead more
Towne Machine Tool's Social MediaPopular SearchesTowne Machine Tool CoTowne Machine & Tool Co. IncMachine Tool CoTmt Vacuum Fillers LLCTowne Machine Tool Co IncSIC Code 35,359NAICS Code 33,332Show more

Towne Machine Tool Org Chart

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BB
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Manager, Project & Production

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LB
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Executive Assistant

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Company Name

Revenue

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Founded In

Top Executive

Towne Machine Tool

<$5M
11-50
Private
<$5M
1954
BB
Brian BlantonManager, Project & Production
$6.5M
11-50
Private
-
1979
AH
Andy HuangAisan Manager
$5.8M
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<$5M
1977
<$5M
11-50
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-
2011
<$5M
1-10
Private
-
-
<$5M
11-50
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-
2013
AS
Anshul SomaniManaging Director
<$5M
1-10
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2004
N/A
Illustration of an envelope

Company Profile Activity

i

Among all Manufacturing companies

Low Activity

High Activity

Activity Insights

Towne Machine Tool is experiencing very low activity levels compared to other companies in the Manufacturing sector.

What does this means?

Towne Machine Tool is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Towne Machine Tool.

Towne Machine Tool financials insights

Gather financial insights about Towne Machine Tool, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.

2020

Debt

$150K

2021

Debt

$245K

See All Towne Machine Tool's Financials Insights

Towne Machine Tool Tech Stack

A closer look at the technologies used by Towne Machine Tool

Most Recent Scoops

Event
Product Marketing, Events, Engineering, Sales, Software, Logistics / Supply Chain, Field /Outside Sales, Field Marketing, Industry Software, Manufacturing Operations, Operations, Warehouse Operations
Event
Product Marketing, Events, Engineering, Software, Safety, Logistics / Supply Chain, Field /Outside Sales, Field Marketing, Industry Software, Manufacturing Operations, Operations
Event
will be attending the International Powder & Bulk Solids (iPBS) Conference & Exhibition 2023 conference as an exhibitor. The event will occur from April 25 to April 27, 2023.
Funding
Towne Machine Tool has received an SBA PPP loan in the amount of $245,900 from Catlin Bank resulting in the retention of 15 jobs.
Funding
See more scoops

Top Industrial Machinery & Equipment Companies

Frequently Asked Questions Regarding Towne Machine Tool

What is Towne Machine Tool's official website?
Towne Machine Tool's official website is www.townemachinetool.com
What is Towne Machine Tool's Revenue?
Towne Machine Tool's revenue is <$5 Million
What is Towne Machine Tool's SIC code?
Towne Machine Tool's SIC: 35,359
What is Towne Machine Tool's NAICS code?
Towne Machine Tool's NAICS: 33,332
How many employees does Towne Machine Tool have?
Towne Machine Tool has 11-50 employees
What industry does Towne Machine Tool belong to?
Towne Machine Tool is in the industry of: Industrial Machinery & Equipment, Manufacturing
What is Towne Machine Tool competition?
Towne Machine Tool top competitors include: Kent Industrial USA, Jend Machinery, SoCal Machine Tools, Edgar Industries
What technology does Towne Machine Tool use?
Some of the popular technologies that Towne Machine Tool uses are: WordPress.org, PHP, Google Font API, Google Tag Manager
How do I contact Towne Machine Tool?
Towne Machine Tool contact info: Phone number: (217) 442-4910 Website: www.townemachinetool.com
What does Towne Machine Tool do?

Towne Machine Tool Company was formed by brothers George Towne and Lewis Towne in 1947. The company was founded as a family owned and operated business. The focus was, and still is, on the employment of qualified and capable people with dedication to quality craftsmanship, efficiency, and customer service. The current President and CEO, Scott Towne... , is the grandson of Lewis Towne. He maintains the original founders' vision of management as an active leader in the day-to-day as well as strategic decisions. For decades Towne has worked with leaders within a variety of industries (locally and internationally) to develop new technology, machinery, and tooling. TMT regularly provides service to customers within the food service industry, automotive and aerospace, and E-Lance firms and engineers. They currently build, restore, and update meat packaging machinery, components, and custom machinery. They also build custom machinery for automotive applications and in-process equipment for continuous productions applications. Towne is skilled at working with material types such as stainless steel, copper, hastelloy, brass/bronze, aluminum, steel, granite, many plastics, and others. Furthermore, they have experience to configure, control, and safeguard machinery to industry specifications. TMT has continued to update technology and has many pieces of equipment for quick prototyping including 3D CAD/CAM/CNC. They also operate comprehensive business management software for the purposes of tracking quotes, purchase orders, record processes, special instructions, materials, and inventory. This allows Towne to be prepared with materials common to their customers, directions on how the product is manufactured, and in many cases the 3D models, CNC programs and tooling that are ready at a moment's notice. TMT is a one-stop-shop for anyone that needs a partner with designing, building, and delivering capabilities. Their standard inspection equipment allows them to readily help their customers with research, development, and ...Read More

What are Towne Machine Tool social media links?
Towne Machine Tool Linkedin page Towne Machine Tool Facebook page
Who invested in Towne Machine Tool?
Towne Machine Tool has 2 investors including PPP and PPP.
Is Towne Machine Tool a public company?
Towne Machine Tool is private company therefore does not currently have an official ticker symbol
See more information about Towne Machine Tool

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