Episode #10: Is it time to buy a new machine? episode artwork

EPISODE · Jul 1, 2025 · 1H 16M

Episode #10: Is it time to buy a new machine?

from Machine Shop Growth · host Mike Fritz

When is the right time to invest in new equipment—before the job is booked or after the PO lands? In this episode, Mike and Kirk are joined by Greg Knox of Knox Manufacturing Solutions to dig into the real decision-making struggles shop owners face every day.They cover the critical difference between buying for capacity vs. capability, why conservative vs. entrepreneurial mindsets approach machine buying differently, and how to use strategy—not guesswork—to guide growth. Greg shares hard-earned insights from 40+ years in the industry, including”How shops are doubling margin with better machine strategyWhy many shops plateau—and how to break throughHow automation and accessory upgrades can eliminate the need for a new machineWhen off-shifts actually cost more than they helpWhy machine investment isn’t just about parts—it’s about people, culture, and momentumWhether you're running a small shop or leading multiple facilities, this episode will challenge how you think about growth—and give you new tools to make smarter investments.

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Episode #10: Is it time to buy a new machine?

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How long is this episode of Machine Shop Growth?

This episode is 1 hour and 16 minutes long.

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This episode was published on July 1, 2025.

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When is the right time to invest in new equipment—before the job is booked or after the PO lands? In this episode, Mike and Kirk are joined by Greg Knox of Knox Manufacturing Solutions to dig into the real decision-making struggles shop owners face...

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