Press Release - November 6, 2007

888.473.9675 | info@gtspindle.com

Manchester Daily Express Features Spindle Repair Company GTI Spindle in the News


Spindle Repairing
Spindles repairing service Company:
GTI Spindle Technology, Inc.

Amount: $411,000

Purpose: Opened new plant in Detroit at the end of 2006

Express Photo/Jennifer Nickulas
By JENNIFER NICKULAS


jnickulas@manchexpress.com
GTI Spindle Technologies, Inc. technician Brian Lacerte repairs a spindle used to propel the rotors on a helicopter belonging to Williams International, a Michigan-based defense company.

Thomas Hoenig, president of GTI Spindle Technology, Inc., isn´t worried about manufacturing businesses moving overseas. His Manchester-based company, located at 33 Zachary Road, makes and repairs spindles, the mechanism in just about any type of machine tool used in manufacturing.

Among GTI´s more recognizable customers are Boeing, General Motors, Ford, and Caterpillar. GTI Spindle Technology was founded in 1997 by Hoenig and his then coworker Ray St. Onge and Franz Frei, who owns other technology businesses in Shelton, Conn. Since then, the company has grown to amass about $10 million in sales last year, with next year looking even better. Hoenig attributes the company´s success to offering cost-effective solutions rather than just running a repair shop.

Spindle Repair When technicians receive a broken spindle, they first identify the root of the problem. Along with fixing it, the brainstorm ways that the customer can avoid the problem in the future. "If you´re not more efficient than the next guy, or making U.S. companies more efficient, then you´re not going to be successful," Hoenig said. "That´s what makes us desirable. One would think that would be counterproductive to business, but Hoenig said that GTI services companies with hundreds of machines. So once they win a customer over, they usually win a large account as well. "If one machine breaks, the entire assembly line breaks down and it is a huge lost savings to the customer," Hoenig said.

The Manchester plant is the corporate headquarters and employs half of the company's 50 workers. The rest of the personnel is spread out between the Detroit office, which caters to American auto makers; Chicago, which handles mostly farm equipment; and the office inside the Caterpillar plant in Pontiac, Ill. that services strictly Caterpillar machines. An office in Charlotte, N.C. will open in 2008. The Charlotte office represents the manufacturing strength in the South with foreign car companies heading to the United States. Hoenig said that Hyundai just opened a large plant in North Carolina, and anticipates others to follow because of the South's reputation for friendly labor relations.

Article as seen in the Manchester Daily Express on November 6th, 2007.

One year warranty for all manufactured spindles and remanufactured spindles.

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