Turner Machine Co, Inc.
- Travis SummersVice President of Manufacturing · Company website
- Andy StrongVice President of Operations · Company website
How we got $3.8M
Based on its 21 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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
▼ 29% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 21 | $4.3M |
| 2020 | Form 5500 | 17 | $3.5M |
| 2021 | Form 5500 | 17 | $3.5M |
| 2022 | Form 5500 | 20 | $4.1M |
| 2023 | Form 5500 | 18 | $3.7M |
| 2024 | Form 5500 | 19 | $3.9M |
| 2025 | Form 5500 | 15 | $3.1M |
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.
What we know
Signs of a sale Some signs of a sale
- In business 15 years (since 2011)
- Headcount down 25% since 2022 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Turner Machine Company is a Tulsa, Oklahoma manufacturer offering machining, CNC manufacturing, heat treating and assembly services for customers needing quality parts on time.
From the company's website. Industry: Machine shops & fabrication.
Customers & suppliers
Suppliers & brands
- Mazak · brand it sells or installs
- Doosan · brand it sells or installs
- HEM Saws · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TURNER MACHINE CO, INC. this business | $8.5M | — |
| METRO MACHINE WORKS, INC Tulsa · 13 employees | $4.0M | 0.2 mi |
| METRO MACHINING, INC Tulsa · 3 employees | $682K | 0.2 mi |
| SBPJ, INC. Tulsa · 13 employees | $4.3M | 1.1 mi |
| ROOKS FABRICATION LLC Tulsa · 11 employees | $2.9M | 1.2 mi |
| S&R COMPRESSION LLC Tulsa | $45.8M | 2.1 mi |
| POWER DYNE, INC Tulsa · 6 employees | $1.8M | 3.3 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.1M |
| Estimate: the two combined (geometric mean) | $8.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $975K |
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 | $3.8M |
| Multiple for this size and industry | 3.9× |
| Value range | $2.0M – $5.2M |
| Revenue range | $5.6M – $9.7M |
| EBITDA range | $642K – $1.1M |
| 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
History & advisors
“Turner Machine Company has been family-owned and operated in Tulsa, OK for over 20 years.”
Advisors
- BankingGrand 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
| Grand Bank PPP 2020, PPP 2021 | All 407 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $341K | 21 |
| 1/16/2021 | second | $346K | 21 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Turner Machine Co, Inc.
Turner Machine Co, Inc. is a family-owned machine shops & fabrication company in Tulsa, Oklahoma, in business since 2011. It is owned by Brian Ridener (Vice President of Development). Its estimated annual revenue is about $8.5M, with roughly $975K of EBITDA. It has about 15 employees. Its estimated business value is $3.8M (likely range $2.0M–$5.2M).
Common questions
- Who owns Turner Machine Co, Inc.?
- Turner Machine Co, Inc. is owned by Brian Ridener (Vice President of Development), according to public sources such as the company's website or filings.
- How much revenue does Turner Machine Co, Inc. make?
- SeeBITDA estimates Turner Machine Co, Inc.'s annual revenue at about $8.5M (likely between $5.6M and $9.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Turner Machine Co, Inc. worth?
- About $3.8M, roughly 3.9× its estimated EBITDA of $975K, typical for a machine shops & fabrication company its size. Likely range: $2.0M–$5.2M.
- How many employees does Turner Machine Co, Inc. have?
- About 15, from its 2025 retirement-plan filing.
- When was Turner Machine Co, Inc. founded?
- Turner Machine Co, Inc. has been in business since 2011.