Founded in 1969, MPI is a U.S. owned precision metal fabrication company with 500 employees manufacturing in Knox, Indiana, Deerfield, Wisconsin, and Queretaro, Mexico. MPI HQ’s is in Troy, Michigan. We currently supply hydraulic pump, commercial truck, agriculture, medical, and automotive transmission markets. We are targeting construction, and non-ICE automotive applications.
MPI (established as Michigan Precision Industries) was established in the United States in 1969 by an entrepreneurial group of Swiss fine blanking engineers. Specializing in precision automotive transmission parts with a focus on clutch plates, the business grew to employ 500+ individuals and generate $150M+ in revenue.
MPI is owned by Turnspire Capital Partners
Date of Establishment
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Individuals Employed
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Revenue Generated
$0M+
OUR FOCUS
OUR STRENGTHS
OUR GOALS
OUR FOCUS
Precision parts that start out as fine blanked or conventionally stamped steel blanks that may or may not require machining and precision grinding to meet tight tolerances.
Developing tight tolerance standalone machining capability to broaden product offerings.
Diversify into new markets.
OUR STRENGTHS
Experience (since 1969) in fine blanking, stamping, machining and precision grinding.
World class quality systems – ISO 14001, IATF 16949, Ford Q1.
Strategic locations in the Midwest U.S. and central Mexico.
OUR GOALS
Increase equipment and plant capacity utilization to increase profitability while keeping costs competitive.
Balance our legacy automotive transmission business with new applications in new markets.
Develop our capabilities to better serve our customers.