Strategic investment by Schneider Resources Holding strengthens Wisconsin’s role in defense and space manufacturing
Shawano, Wis. (August 1, 2025) — JR Machine, a leading contract manufacturer of complex precision components for the space exploration and defense sectors, has acquired ETW Inc., a Waukesha-based company specializing in 5-axis machining, custom tooling, and engineering services. The acquisition is a key part of JR Machine’s ongoing growth strategy and is backed by Schneider Resources Holding (SRH), a family-owned investment firm dedicated to supporting Wisconsin-based manufacturing businesses.
The acquisition strengthens JR Machine’s core capabilities in lathe and turning operations by adding advanced 5-axis milling, increasing both capacity and technical expertise for its customer base. ETW Inc. will continue to operate in Waukesha under its current name as a sister company to JR Machine within the SRH portfolio. All employees will be retained, and the existing management team will remain in place. The integration will be supported by JR Machine’s leadership and a unified sales team, ensuring a smooth transition and scalability across both organizations.
“We are excited to bring ETW onto the JR Machine precision machining team,” said Paul Knoll, CEO of JR Machine. “Adding ETW’s highly skilled team helps meet the growing needs of our customers, especially those in the space and defense industries. The highly specialized 5-axis milling work that ETW can do will be a great new service in our portfolio.”
To accelerate growth, JR Machine and SRH are already investing in new technology, including the recent addition of a DMG MORI DMU 65 (FD) 5-axis milling center. This $1 million investment will significantly boost ETW Inc.’s milling capabilities and operational efficiency. This move also aligns with SRH’s long-term vision to foster and sustain family-owned manufacturing operations in Wisconsin. By supporting generational ownership and local leadership, SRH enables high-performing manufacturers like JR Machine and ETW Inc. to serve global industries while maintaining their roots in Wisconsin.
“Our family is excited to join with JR Machine as we work to grow and meet our customers’ needs,” said Wayne Lehman Jr., V.P. of Manufacturing & Engineering at ETW Inc. “Adding the strength of Schneider Resources Holding will allow us to invest and grow to meet that demand. Partnered with JR Machine and supported by SRH, we see incredible potential for our future.”
To learn more about how this acquisition enhances JR Machine’s capacity and capabilities, visit https://jrmachine.com/etw-acquisition/.
About JR Machine
JR Machine is a premier contract manufacturer renowned for its expertise in producing complex machined parts. The company specializes in streamlining the procurement and production processes for OEMs, tier one, and tier two manufacturers through collaborative approaches, advanced automation, stringent process control, and short lead times. JR Machine’s extensive manufacturing capabilities encompass CNC machining of nickel-based superalloys, prototyping, engineering, multi-spindle machining, thread rolling, fabrication, and assembly. Certified to ISO, AS9100, and ITAR standards, JR Machine provides comprehensive manufacturing solutions, including engineering support, DFM review, and material traceability to clients across various industries, including space exploration, energy, defense, medical technology, and heavy equipment. Learn more at jrmachine.com.
About ETW Inc.
ETW, Inc. is a nationally recognized supplier of 5-axis CNC machining, custom tooling, and precision engineering services based in Waukesha, Wisconsin. Founded in 1945 as Enco Tool Works, the company has evolved into a leading partner for data-driven manufacturing, serving some of the world’s largest toolmakers and space exploration companies. ETW specializes in high-quality cutting tools and contract machining of exotic materials using advanced DMG MORI and Studer equipment. ISO 9001 certified and ITAR registered, the company maintains a strong focus on quality, rapid turnaround, and technical expertise, helping customers reduce costs and improve performance across demanding applications. Learn more at etwinc.com.
About Schneider Resources Holding
Schneider Resources Holding (SRH) is a family-owned private investment company headquartered in Green Bay, Wisconsin. SRH brings not only financial and human resources but also a bigger vision to grow companies. With a focus on patient, generational investments, SRH partners with privately owned businesses in northeast Wisconsin, leveraging its expertise and extensive network to facilitate growth and fulfill the entrepreneurial vision. Committed to innovation, customer service, collaboration, and employee welfare, SRH empowers businesses to make meaningful contributions to their industries while fostering sustainable growth. Learn more at schneiderresources.com.
