Auto-Turn Manufacturing, Inc.
How we got $9.0M
Based on its 50 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 43 years (since 1983)
- No family successor named on its website
- Headcount down 95% since 2021 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Auto-Turn is a precision machining and manufacturing company in Broken Arrow, OK that produces machined parts, welding, gear fabrication and general fabrication for Oklahoma manufacturing companies.
From the company's website. Industry: Machine shops & fabrication.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- EXPLORER PIPELINE COMPANY · Tulsa, 12 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 13 mi · $467.6M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 17 mi · $326.6M
- BKG INDUSTRIES, LLC · Stigler, 61 mi · $318.2M
- SUPERIOR MIDSTREAM, LLC · Tulsa, 17 mi · $315.1M
Estimated value over time
▲ 40% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▼ 98% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 50 | $10.2M |
| 2021 | Form 5500 | 19 | $3.9M |
| 2022 | Form 5500 | 19 | $3.9M |
| 2023 | Form 5500 | 1 | $203K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| AUTO-TURN MANUFACTURING, INC. this business | $18.0M | — |
| RAM MACHINE PRODUCTS LLC Broken Arrow · 6 employees | $2.3M | 0.0 mi |
| RAMM MACHINE PRODUCTS, LLC Broken Arrow · 10 employees | $3.6M | 0.0 mi |
| HI-TEC INDUSTRIES OK LLC Broken Arrow · 37 employees | $12.9M | 1.6 mi |
| KINETIC STEEL CORP Broken Arrow · 13 employees | $4.4M | 1.7 mi |
| A TO Z MANUFACTURING, LLC Broken Arrow · 12 employees | $4.2M | 2.7 mi |
| LATHEM TOOL & MACHINE, INC Broken Arrow · 2 employees | $445K | 2.9 mi |
The full calculation
| Employees reported to the SBA | 50 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $14.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $17.1M |
| Estimate: the two combined (geometric mean) | $18.0M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.9M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $9.0M |
| Multiple for this size and industry | 4.7× |
| Value range | $4.7M – $12.3M |
| Revenue range | $11.8M – $20.5M |
| EBITDA range | $1.3M – $2.2M |
| Industry (NAICS) | Machine Shops (332710) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Established in 1983, Auto-Turn has continued to evolve as the preferred precision machining solution of multiple industries in the region.”
Leadership
- DDDarryl DaignaultManager – Support Services · Company website · source
- CKCalvin KeelPlant Manager · Company website · source
- WTWes TerningQuality Manager · Company website · source
- JPJoyce PattersonHR Generalist and Accounting · Company website · source
- HSHal SmithSenior Buyer/Planner · Company website · source
Advisors
- BankingSecurity BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Security Bank PPP 2020, PPP 2021 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $640K | 50 |
| 1/23/2021 | second | $640K | 44 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Auto-Turn Manufacturing, Inc.
Auto-Turn Manufacturing, Inc. is a machine shops & fabrication company in Broken Arrow, Oklahoma, in business since 1983. It is owned by Steve Burkett (CEO). Its estimated annual revenue is about $18.0M, with roughly $1.9M of EBITDA. It has about 1 employees. Its estimated business value is $9.0M (likely range $4.7M–$12.3M).
Common questions
- Who owns Auto-Turn Manufacturing, Inc.?
- Auto-Turn Manufacturing, Inc. is owned by Steve Burkett (CEO), according to public sources such as the company's website or filings.
- How much revenue does Auto-Turn Manufacturing, Inc. make?
- SeeBITDA estimates Auto-Turn Manufacturing, Inc.'s annual revenue at about $18.0M (likely between $11.8M and $20.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Auto-Turn Manufacturing, Inc. worth?
- About $9.0M, roughly 4.7× its estimated EBITDA of $1.9M, typical for a machine shops & fabrication company its size. Likely range: $4.7M–$12.3M.
- How many employees does Auto-Turn Manufacturing, Inc. have?
- About 1, from its 2023 retirement-plan filing.
- When was Auto-Turn Manufacturing, Inc. founded?
- Auto-Turn Manufacturing, Inc. has been in business since 1983.
- Is Auto-Turn Manufacturing, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 43 years (since 1983); no family successor named on its website; headcount down 95% since 2021 (retirement plan filings).