NYBDC Borrower, Ushers Machine & Tool Co. Inc., is featured in The Capital District Business Review
Dan Lincoln, owner of Ushers Machine & Tool Co. Inc., is running a successful welding and machining business in Round Lake, NY and he only has one customer. That customer is Schenectady based, General Electric Co.
Lincoln purchased the business in January 2008 with help from New York Business Development Corporation and KeyBank. The company, which then had $3 million in annual revenue, reached $12 million in sales this year.
As a result of his growing business, Lincoln continues to hire. He has fifty employees in Round Lake and another twenty-five in New Hampshire, where he opened a manufacturing operation earlier last year. Round Lake remains the headquarters of his business.
Ushers Machine shows the effect of General Electic adding manufacturing jobs to the Capital Region. The business currently has more than twenty GE accounts and is considering pursuing aircraft certifications. This means the potential for expansion and job creation for Dan Lincoln's business.
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