SALISBURY, NC – December 10, 2019 – Advanced Machining & Tooling, LLC, a leading manufacturer of precision metal components, with capabilities including both EDM and CNC machining, announced Tuesday that it has promoted Paul Lutz to the newly created position of EDM and Maintenance Specialist effective immediately.
“Paul is an extremely dedicated professional, with outstanding knowledge of electrical discharge machining (EDM) processes,” said Keith Felts, Advanced Machining’s President, who himself is a leading expert in this technology, especially sinker EDM. “He joined us five years ago from GF Machining Solutions, a leading manufacturer of wire EDM equipment. He immediately brought to us the vast breadth and depth of knowledge he had acquired over 16 years as a field service technician with GF.”
“Paul is terrific to work with,” said Pat Reynolds, Advanced Machining’s Operations Manager. “He does a great job with equipment maintenance in addition to his lead role with our EDM operations. I am very happy that his accomplishments are being recognized.”
Paul began his career with Advanced Machining in 2014. He initially served in quality control and then as a machinist with focus on EDM processes before being promoted to his current position. Paul gained great understanding of electrical discharge machining processes, particularly wire EDM, as a field service technician from 1998 to 2014 for GF Machining Solutions. Prior to that, he served as a Petty officer third class in the US Navy.
“Recognizing talent, providing advancement opportunities and promoting from within are things that are very important to us,” said Gary Holcomb, CEO of Compass Precision, LLC, parent company of Advanced Machining as well as its sister companies Quality Products & Machine, LLC and Tri-Tec Industries, LLC, both located in Charlotte. “We look forward to Paul having many more good years with us.”
Advanced Machining operates from a 10,000-square-foot facility in Salisbury, NC at 215 Forbes Avenue. It manufactures complex prototype and low-to-mid volume metal parts, focusing on blue chip customers in the telecommunication, medical, aerospace and defense markets. Felts and his partner Bobby Miller founded Advanced Machining in 1985. ZP Enterprises, LLC, an Atlanta-based firm, acquired majority interest in the company in 2011.
In October 2019, Main Street Capital Partners, a Pittsburgh-based private equity firm, acquired Advanced Machining, along with its sister operating companies, Quality Products & Machine, LLC and Tri-Tec Industries Inc., both in Charlotte, NC, from ZP Enterprises. Main Street established Compass Precision, LLC at that time as the parent company of Quality, Advanced and Tri-Tec with an emphasis on strong decentralized management at each individual operating company.
