Memorial Machine Inc
- Kenny KeeterSales Manager · Company website
- Steven GenzelTulsa Business Unit Manager · Company website
- Steven IwersenOKC District Service Manager · Company website
How we got $18.2M
Based on its 75 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 13% 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.
What we know
Signs of a sale High sell likelihood
- In business 52 years (since 1974)
- Founder still runs it after 52 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Memorial Machine is an industrial equipment supplier and engine rebuilder in Tulsa, Oklahoma, that rebuilds and remanufactures gas and diesel engine components for the oil and gas industry.
From the company's website. Industry: Other Motor Vehicle Parts Manufacturing.
Customers & suppliers
Suppliers & brands
- Caterpillar · brand it sells or installs
- Cummins · brand it sells or installs
- Doosan · brand it sells or installs
- Waukesha · brand it sells or installs
- White Superior · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- ONEOK, Inc. · Tulsa, 6 mi · $33.63B
- Helmerich & Payne · Tulsa, 5 mi · $3.75B
- EXPLORER PIPELINE COMPANY · Tulsa, 5 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 5 mi · $467.9M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 6 mi · $326.8M
- BROTHER & COMPANY · Tulsa, 5 mi · $27.3M
- NICHOLS GROUP PR-ADMINISTRATION, LLC · Tulsa, 5 mi · $18.7M
- HICORP, INC · Tulsa, 9 mi · $16.0M
- DISTRIBUTECH LLC · Tulsa, 7 mi · $15.7M
- LITTLEFIELD, INC · Tulsa, 5 mi · $11.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MEMORIAL MACHINE INC this business | $33.0M | — |
| POWER TRAIN INC Tulsa · 4 employees | $3.4M | 1.4 mi |
| BAIRD VALVE AND REGULATOR, LLC Tulsa · 41 employees | $20.2M | 6.4 mi |
| MIDWESTERN MOTOR REBUILDERS Tulsa · 26 employees | $8.9M | 6.6 mi |
| ACCESSORY & PERFORMANCE SALES INC Sapulpa · 3 employees | $4.8M | 6.7 mi |
| Allison Transmission Tulsa | $1.4M | 8.3 mi |
| AIR POWER SYSTEMS CO. LLC Tulsa · 81 employees | $34.1M | 8.8 mi |
The full calculation
| Employees reported to the SBA | 75 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $25.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $33.4M |
| Estimate: the two combined (geometric mean) | $33.0M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $3.1M |
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 | $18.2M |
| Multiple for this size and industry | 5.8× |
| Value range | $9.6M – $24.9M |
| Revenue range | $21.7M – $37.6M |
| EBITDA range | $2.1M – $3.6M |
| Industry (NAICS) | Other Motor Vehicle Parts Manufacturing (336390) |
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
History & advisors
“Founded in 1974 by Rex K. Crumpton, Memorial Machine is a leading Tulsa, Oklahoma-based remanufacturer of natural gas and diesel engine components.”
Advisors
- BankingBOKF, National AssociationPPP / 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
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $973K | 75 |
2 locations
| 6303 S 40TH WEST AVE | Tulsa | This listing |
| 709 N Morgan Rd | Oklahoma City | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Memorial Machine Inc
Memorial Machine Inc is an other motor vehicle parts manufacturing company in Tulsa, Oklahoma, in business since 1974. It is owned by Rex K. Crumpton (Founder). Its estimated annual revenue is about $33.0M, with roughly $3.1M of EBITDA. It has about 75 employees. Its estimated business value is $18.2M (likely range $9.6M–$24.9M). It has 2 locations.
Common questions
- Who owns Memorial Machine Inc?
- Memorial Machine Inc is owned by Rex K. Crumpton (Founder), according to public sources such as the company's website or filings.
- How much revenue does Memorial Machine Inc make?
- SeeBITDA estimates Memorial Machine Inc's annual revenue at about $33.0M (likely between $21.7M and $37.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Memorial Machine Inc worth?
- About $18.2M, roughly 5.8× its estimated EBITDA of $3.1M, typical for a other motor vehicle parts manufacturing company its size. Likely range: $9.6M–$24.9M.
- How many employees does Memorial Machine Inc have?
- About 75, as reported on its PPP loan.
- When was Memorial Machine Inc founded?
- Memorial Machine Inc has been in business since 1974.
- Is Memorial Machine Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 52 years (since 1974); founder still runs it after 52 years; no family successor named on its website.