customer story
The Power of Strategy: A 100% Transformation
A stagnant Eugene manufacturer doubled revenue from $6M to $12M and grew EBITDA from $500K to nearly $2M
company
Precision Machine and Manufacturing
Location
Eugene, Oregon
Website
Industry
Industrial Manufacturing


"Leadership that prioritizes culture, accountability, and continuous improvement is crucial for organizational success."
Don Lindsey
Precision Machine and Manufacturing had spent nearly a decade in stagnation before engaging Carl J. Cox and 40 Strategy in 2020. The transformation doubled revenue from $6M to $12M, grew EBITDA from $500K to nearly $2M, and achieved five consecutive months of 100% on-time delivery.
The engagement addressed culture first, on the premise that no operational fix would hold inside a fear-based environment. 40 Strategy supported a new leadership team under CEO Don Lindsey, who authored a new set of core values built on hard work, accountability, and continuous improvement, and who replaced entrenched toxic behaviors with servant leadership practices that rewarded feedback, collaboration, and personal ownership.
Workforce optimization followed. The company evaluated whether it had the right talent for the vision it had just articulated, restructured accordingly, and introduced professional development and mentorship programs to build capability rather than simply replace it. The scale of the cultural reset is visible in one statistic: only 8 of 48 employees remained from the prior leadership era.
On the operational side, the leadership team attacked inefficiency systematically, streamlining workflows, reducing waste, introducing structured processes, and upgrading technology and machinery to cut downtime. 40 Strategy then built a structured growth roadmap that aligned strategic objectives to actual operational capacity, giving leadership refined performance metrics and a data-driven, long-horizon decision-making posture. Finally, sales and marketing shifted from short-term fixes to long-term relationship building, improving service reliability and repositioning Precision as a trusted industry partner and an employer capable of attracting top-tier talent.
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