Solid Machine

5.0★★★★★(1 review)

61 Airport Dr #1, Rochester, NH 03867

Rochester, New Hampshire, United States

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Business facts

Estimated annual revenue~$3.2M
Estimated employees~10
Annual payroll (2021)~$909.4K
In business since2011
Based on reported payroll data

Contacts

Principal

Mechanical or Industrial Engineering

Machinery

Area statistics (03867)

Population22,349
Median household income$74,194
Source: US Census ACS

About

Solid Machine is a leading provider of precision CNC turning and 5-axis milling for rotating bladed turbomachinery hardware in various industries. With a focus on automotive, defense, energy, oil & gas, and industrial applications, the company also specializes in machining components in specialty composite alloys. Solid Machine manufactures over 45,000 parts per month, including turbocharger impellers, aero-engine spacers, turbines, and custom hardware up to Ø650mm. With a talented team boasting over 6 decades of experience, the company is able to machine a wide range of materials to the tightest dimensions and most stringent specifications.

📅
Appointment Only
Yes
💳
Credit Cards
Apple Pay, Cash
🅿️
Parking
Yes
Wheelchair Accessible
Parking, Yes
Categories: Machine Shop.
ISIC Codes: 2592.

Market analysis

Earning above its category median in a growing category (Machine Shop).

EstimateCategory trend: 2024, +2.6%

Revenue trend (modeled)

~$2.9M2019
~$2.7M2020
~$2.8M2021
~$3.0M2022
~$3.2M2023
~$3.2M2024
Modeled from official industry statistics+2.5%/yr since 201980% confidence band: ±51%

Company profile

Legal formLimited liability company (LLC)
Incorporated2011 (NH)
Employees (reported band)11-17
Observed

Property

Lot size4.51 acres
CountyStrafford
On this lotshared with 5 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$178.0K · 16 jobs reported · implies ~$854.4K annual payroll · $179.2K forgiven
Second PPP loan (2021)$189.5K · 16 jobs reported · $190.5K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Machine Shop in New Hampshire294~$563.8M~$4.3M~$1.9M5.0★1.7×

Machine Shop in New Hampshire: revenue figures from the 131 of 294 businesses with estimates

Category revenue trend2024: +2.6%2023: +6.7%2022: +9.0%2021: +3.1%Modeled from business-level estimates

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)13~$43.0M~$3.3M~$1.5M70~$8.7M2.1×
Manufacturing1~$3.2M~$3.2M10

1 km area (all businesses): median from the 12 of 13 businesses with estimates

Estimate

Area conditions (03867)

Population22,349 ±951
Median household income$74,194 ±$6,636
Median home value$240,100
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS
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