Growing a $5m Metal Business 40% in Year 1 | Caleb Standafer Interview

Caleb Standafer discusses his transition from a tech career to acquiring and growing Springfield Tool & Die, a 100-year-old machine shop. He shares his unique motivations rooted in family history and a belief in the importance of U.S. manufacturing, his 4-year search focused on cultural fit and specific criteria, and the challenges and strategies involved in modernizing an established business, managing customer concentration, and driving 40% growth post-acquisition. Standafer emphasizes building a people-first culture and using transparent financial controls as key drivers of success.