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Winchester machine firm adapts to the times: 'one-stop job shop' works harder to thrive in downturn.

Publication: New Hampshire Business Review
Publication Date: 13-FEB-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Winchester machine firm adapts to the times: 'one-stop job shop' works harder to thrive in downturn.(ENTREPRENEURS)(Innovative Machine Inc.)

Article Excerpt
These are challenging times for New Hampshire machine engineering shops, which have survived years of attrition due to rapid technological changes and fierce foreign competition. One of those surviving--and thriving--shops is Innovative Machine Inc. of Winchester, which has forged a dual reputation as a subcontracting machine tool and parts creator and a vital repair facility.

But in the current economic downturn, Innovative Machine has been forced to reevaluate its business strategies and find new opportunities.

Located in the rural southwestern corner of the state, Innovative Machine has slowly developed since 1984, when it was founded by Gary Beaman (who remains as president) in...

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