Acquisition maintains Toolcraft’s Germantown operations, team and leadership while expanding access to resources and capabilities
GERMANTOWN, Wis. – Toolcraft Machining, a Wisconsin precision machining company specializing in medium- to large-scale complex components, announces that its assets have been acquired by Schneider Elite Machining Group (SEMG) and that the company will continue operations under the new name Toolcraft Precision Machining, LLC.
The transition is designed to maintain the foundation Toolcraft has built over decades. The company will remain in Germantown, with its existing employees, leadership and day-to-day operations in place.
“At Toolcraft, our focus has always been on people and empowering our customers, employees and partners to succeed together,” said Kathy Pfannerstill, general manager of Toolcraft Precision Machining. “Joining Schneider Elite Machining Group puts us in an even stronger position to invest in those relationships and create new opportunities for continued growth.”
Toolcraft brings more than 65 years of machining experience to SEMG, joining fellow precision machining companies JR Machine and ETW Precision Machining. Together, the three companies bring complementary capabilities and expertise to a growing precision machining group serving demanding industries throughout the United States.
“For more than six decades, Toolcraft has built an incredible reputation through its deep expertise in large-scale, complex machining and lasting relationships with customers who rely on that expertise,” said Paul Knoll, chief executive officer of SEMG. “Schneider Elite Machining Group is committed to providing Toolcraft with additional resources and relationships to support its long-term growth while allowing the company to maintain the identity and operational strengths that have made it successful.”
For Toolcraft customers, the acquisition is designed to build upon existing relationships rather than change them. Customers will keep working with the same team while gaining access over time to additional machining capabilities, technical expertise and resources available across SEMG.
SEMG also plans to invest in Toolcraft’s staff, equipment and capacity over time. The broader group will provide additional sales and business development resources to help strengthen customer support and introduce Toolcraft’s capabilities to new markets and customers.
The acquisition fits the long-term investment philosophy of Schneider Resources Holding (SRH), the family-owned investment firm in Green Bay behind SEMG. SRH prioritizes strengthening established companies, preserving their legacies, and positioning them for sustainable growth rather than acquiring businesses for short-term resale.
To learn more about Toolcraft, visit toolcraft.com.
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About Toolcraft Precision Machining, LLC
Toolcraft Precision Machining, LLC is a precision CNC machining company based in Germantown, Wisconsin, specializing in medium- to large-scale complex components weighing up to 44,000 lbs. and measuring up to 93 inches in diameter. Building on more than 60 years of precision machining experience, the company provides CNC turning, horizontal and vertical milling, 5-axis machining and precision inspection for customers across energy, defense and other demanding industrial markets. Toolcraft is ISO 9001:2015 certified and ITAR registered and operates as part of Schneider Elite Machining Group. Learn more at toolcraft.com.
About Schneider Elite Machining Group
Schneider Elite Machining Group (SEMG) is a partnership of precision machining companies operating under Schneider Resources Holding, a family-owned private investment firm based in Green Bay, Wisconsin. SEMG’s operating companies include JR Machine (Shawano, Wis.), ETW Precision Machining (Waukesha, Wis.), and Toolcraft Precision Machining (Germantown, Wis.). Together, they offer advanced 5-axis CNC machining, custom tooling, precision engineering, large-diameter turning and milling, and multi-spindle operations. SEMG serves customers in aerospace, space exploration, defense, energy and power generation, heavy equipment, hydraulics, and green energy. Learn more at schneiderresources.com.
About Schneider Resources Holding
Schneider Resources Holding (SRH) is a family-owned private investment company headquartered in Green Bay, Wisconsin. SRH brings financial and human resources, along with a bigger vision, to grow companies. With a focus on patient, generational investments, SRH partners with privately owned businesses in Wisconsin, leveraging its expertise and network to facilitate growth and fulfill the entrepreneurial vision. Learn more at schneiderresources.com.
Contact Kathy Pfannerstill at 262-250-7640 with any media inquiries.
