Matt Rudd and his associates developed their startup company, Apex Precision Solutions, with a focused business plan and early customer orders.
Apex Precision Starts Up in
Aerospace O
Despite lingering uncertainty in the economy, management at the start-up contract manufacturer thinks now is a good time to start a company. How did they do it?
Bruce Morey Contributing Editor
n one hand, 2012 may not have appeared to be the best time to start a new company in North America. Matt Rudd, president and CEO for Apex Precision Solu- tions (Mason, MI), acknowledged
the difficulties. Economic uncertainties lingered, with small manufacturers continuing to find access to capital difficult. As a result, many smaller manufacturing play- ers were exiting the field.
That made it a perfect time to rush in, according to Rudd. A key impetus was commercial airliner orders, which translates into demand for machined products.