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2024-09-20 11:15:38

Micro 100 Tool Corp. is expanding again in Meridian, where it has grown consistently over two decades. The company employs about 100 in the manufacture and worldwide sale of solid carbide and carbide-tipped cutting tools at a plant on Pine Avenue west of Nola Road. Micro 100 makes standard and specialized cutting tools such as threading and groove-cutting tools, boring bars, milling cutters and end mills. Clients include manufacturers - such as Boeing, McDonnell-Douglas, G.E. and Trane – machine shops and distributors. President Dale Newberry said a merger of a related company into the Meridian facility is targeted for completion by the end of February. It will boost inventory and efficiency, and result in about 15 new jobs as well as a 25 percent revenue gain. The Meridian company is acquiring Micro 100 Inc., a separate entity that is now in L.A. and has some owners in common with Micro 100 Tool Corp. “Our biggest thing this year is the consolidation of our sales to our Idaho operation so that we have everything under one roof, and so we are more efficient and more responsive to our customers,” Newberry said. The company has more than doubled the offerings in its catalog, including metric products, in less than a year. Newberry said the printed catalogs produce the vast majority of orders even though the company is enhancing its Internet site (micro100.com) to handle complete online ordering. “People still want that paper to put in their toolbox,” he said. “Operators on the (production) floor, without Internet access, can keep it handy.” The company started in Los Angeles in 1969 and moved to Idaho in 1980, operating in Garden City before buying the Meridian site in 1985 and constructing a 12,000-square-foot building. The plant was expanded to 24,000 square feet in 1991 and to the current 52,000 square feet in 1996. “We are anticipating adding on again in about three years. We’ll add about 36,000 square feet,” Newberry said. “All of our lines are growing steadily,” he said. Last year, the combined Micro 100 companies increased sales by 25 percent to about $11 million, a record high. This year, “we’re anticipating being over $12.5 million,” Newberry said. The growth reflects the expanded product line as well as rising demand. “Our business is very reflective of the economy,” Newberry said. “Cutting tools are used in every type of business that is manufacturing a product.” In Meridian, “we’ve been hiring fairly steadily,” he said, noting that the staff increased from 82 to 100 in the last two years. The workforce will total 115 to 120 at the end of this year. “We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

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President Dale Newberry said a merger of a related company into the Meridian facility is targeted for completion by the end of February. It will boost inventory and efficiency, and result in about 15 new jobs as well as a 25 percent revenue gain. The Meridian company is acquiring Micro 100 Inc., a separate entity that is now in L.A. and has some owners in common with Micro 100 Tool Corp. “Our biggest thing this year is the consolidation of our sales to our Idaho operation so that we have everything under one roof, and so we are more efficient and more responsive to our customers,” Newberry said. The company has more than doubled the offerings in its catalog, including metric products, in less than a year. Newberry said the printed catalogs produce the vast majority of orders even though the company is enhancing its Internet site (micro100.com) to handle complete online ordering. “People still want that paper to put in their toolbox,” he said. “Operators on the (production) floor, without Internet access, can keep it handy.” The company started in Los Angeles in 1969 and moved to Idaho in 1980, operating in Garden City before buying the Meridian site in 1985 and constructing a 12,000-square-foot building. The plant was expanded to 24,000 square feet in 1991 and to the current 52,000 square feet in 1996. “We are anticipating adding on again in about three years. We’ll add about 36,000 square feet,” Newberry said. “All of our lines are growing steadily,” he said. Last year, the combined Micro 100 companies increased sales by 25 percent to about $11 million, a record high. This year, “we’re anticipating being over $12.5 million,” Newberry said. The growth reflects the expanded product line as well as rising demand. “Our business is very reflective of the economy,” Newberry said. “Cutting tools are used in every type of business that is manufacturing a product.” In Meridian, “we’ve been hiring fairly steadily,” he said, noting that the staff increased from 82 to 100 in the last two years. The workforce will total 115 to 120 at the end of this year. “We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

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“All of our lines are growing steadily,” he said. Last year, the combined Micro 100 companies increased sales by 25 percent to about $11 million, a record high. This year, “we’re anticipating being over $12.5 million,” Newberry said. The growth reflects the expanded product line as well as rising demand. “Our business is very reflective of the economy,” Newberry said. “Cutting tools are used in every type of business that is manufacturing a product.” In Meridian, “we’ve been hiring fairly steadily,” he said, noting that the staff increased from 82 to 100 in the last two years. The workforce will total 115 to 120 at the end of this year. “We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

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In Meridian, “we’ve been hiring fairly steadily,” he said, noting that the staff increased from 82 to 100 in the last two years. The workforce will total 115 to 120 at the end of this year. “We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

“Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

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Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

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IDAHO BUSINESS REVIEW Micro 100 Tool Corp. is expanding again in Meridian, where it has grown consistently over two decades. The company employs about 100 in the manufacture and worldwide sale of solid carbide and carbide-tipped cutting tools at a plant on Pine Avenue west of Nola Road. Micro 100 makes standard and specialized cutting tools such as threading and groove-cutting tools, boring bars, milling cutters and end mills. Clients include manufacturers - such as Boeing, McDonnell-Douglas, G.E. and Trane – machine shops and distributors. President Dale Newberry said a merger of a related company into the Meridian facility is targeted for completion by the end of February. It will boost inventory and efficiency, and result in about 15 new jobs as well as a 25 percent revenue gain. The Meridian company is acquiring Micro 100 Inc., a separate entity that is now in L.A. and has some owners in common with Micro 100 Tool Corp. “Our biggest thing this year is the consolidation of our sales to our Idaho operation so that we have everything under one roof, and so we are more efficient and more responsive to our customers,” Newberry said. The company has more than doubled the offerings in its catalog, including metric products, in less than a year. Newberry said the printed catalogs produce the vast majority of orders even though the company is enhancing its Internet site (micro100.com) to handle complete online ordering. “People still want that paper to put in their toolbox,” he said. “Operators on the (production) floor, without Internet access, can keep it handy.” The company started in Los Angeles in 1969 and moved to Idaho in 1980, operating in Garden City before buying the Meridian site in 1985 and constructing a 12,000-square-foot building. The plant was expanded to 24,000 square feet in 1991 and to the current 52,000 square feet in 1996. “We are anticipating adding on again in about three years. We’ll add about 36,000 square feet,” Newberry said. “All of our lines are growing steadily,” he said. Last year, the combined Micro 100 companies increased sales by 25 percent to about $11 million, a record high. This year, “we’re anticipating being over $12.5 million,” Newberry said. The growth reflects the expanded product line as well as rising demand. “Our business is very reflective of the economy,” Newberry said. “Cutting tools are used in every type of business that is manufacturing a product.” In Meridian, “we’ve been hiring fairly steadily,” he said, noting that the staff increased from 82 to 100 in the last two years. The workforce will total 115 to 120 at the end of this year. “We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

“We are anticipating adding on again in about three years. We’ll add about 36,000 square feet,” Newberry said. “All of our lines are growing steadily,” he said. Last year, the combined Micro 100 companies increased sales by 25 percent to about $11 million, a record high. This year, “we’re anticipating being over $12.5 million,” Newberry said. The growth reflects the expanded product line as well as rising demand. “Our business is very reflective of the economy,” Newberry said. “Cutting tools are used in every type of business that is manufacturing a product.” In Meridian, “we’ve been hiring fairly steadily,” he said, noting that the staff increased from 82 to 100 in the last two years. The workforce will total 115 to 120 at the end of this year. “We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

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By Brad Carlson IDAHO BUSINESS REVIEW Micro 100 Tool Corp. is expanding again in Meridian, where it has grown consistently over two decades. The company employs about 100 in the manufacture and worldwide sale of solid carbide and carbide-tipped cutting tools at a plant on Pine Avenue west of Nola Road. Micro 100 makes standard and specialized cutting tools such as threading and groove-cutting tools, boring bars, milling cutters and end mills. Clients include manufacturers - such as Boeing, McDonnell-Douglas, G.E. and Trane – machine shops and distributors. President Dale Newberry said a merger of a related company into the Meridian facility is targeted for completion by the end of February. It will boost inventory and efficiency, and result in about 15 new jobs as well as a 25 percent revenue gain. The Meridian company is acquiring Micro 100 Inc., a separate entity that is now in L.A. and has some owners in common with Micro 100 Tool Corp. “Our biggest thing this year is the consolidation of our sales to our Idaho operation so that we have everything under one roof, and so we are more efficient and more responsive to our customers,” Newberry said. The company has more than doubled the offerings in its catalog, including metric products, in less than a year. Newberry said the printed catalogs produce the vast majority of orders even though the company is enhancing its Internet site (micro100.com) to handle complete online ordering. “People still want that paper to put in their toolbox,” he said. “Operators on the (production) floor, without Internet access, can keep it handy.” The company started in Los Angeles in 1969 and moved to Idaho in 1980, operating in Garden City before buying the Meridian site in 1985 and constructing a 12,000-square-foot building. The plant was expanded to 24,000 square feet in 1991 and to the current 52,000 square feet in 1996. “We are anticipating adding on again in about three years. We’ll add about 36,000 square feet,” Newberry said. “All of our lines are growing steadily,” he said. Last year, the combined Micro 100 companies increased sales by 25 percent to about $11 million, a record high. This year, “we’re anticipating being over $12.5 million,” Newberry said. The growth reflects the expanded product line as well as rising demand. “Our business is very reflective of the economy,” Newberry said. “Cutting tools are used in every type of business that is manufacturing a product.” In Meridian, “we’ve been hiring fairly steadily,” he said, noting that the staff increased from 82 to 100 in the last two years. The workforce will total 115 to 120 at the end of this year. “We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

“People still want that paper to put in their toolbox,” he said. “Operators on the (production) floor, without Internet access, can keep it handy.” The company started in Los Angeles in 1969 and moved to Idaho in 1980, operating in Garden City before buying the Meridian site in 1985 and constructing a 12,000-square-foot building. The plant was expanded to 24,000 square feet in 1991 and to the current 52,000 square feet in 1996. “We are anticipating adding on again in about three years. We’ll add about 36,000 square feet,” Newberry said. “All of our lines are growing steadily,” he said. Last year, the combined Micro 100 companies increased sales by 25 percent to about $11 million, a record high. This year, “we’re anticipating being over $12.5 million,” Newberry said. The growth reflects the expanded product line as well as rising demand. “Our business is very reflective of the economy,” Newberry said. “Cutting tools are used in every type of business that is manufacturing a product.” In Meridian, “we’ve been hiring fairly steadily,” he said, noting that the staff increased from 82 to 100 in the last two years. The workforce will total 115 to 120 at the end of this year. “We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

The company has more than doubled the offerings in its catalog, including metric products, in less than a year. Newberry said the printed catalogs produce the vast majority of orders even though the company is enhancing its Internet site (micro100.com) to handle complete online ordering. “People still want that paper to put in their toolbox,” he said. “Operators on the (production) floor, without Internet access, can keep it handy.” The company started in Los Angeles in 1969 and moved to Idaho in 1980, operating in Garden City before buying the Meridian site in 1985 and constructing a 12,000-square-foot building. The plant was expanded to 24,000 square feet in 1991 and to the current 52,000 square feet in 1996. “We are anticipating adding on again in about three years. We’ll add about 36,000 square feet,” Newberry said. “All of our lines are growing steadily,” he said. Last year, the combined Micro 100 companies increased sales by 25 percent to about $11 million, a record high. This year, “we’re anticipating being over $12.5 million,” Newberry said. The growth reflects the expanded product line as well as rising demand. “Our business is very reflective of the economy,” Newberry said. “Cutting tools are used in every type of business that is manufacturing a product.” In Meridian, “we’ve been hiring fairly steadily,” he said, noting that the staff increased from 82 to 100 in the last two years. The workforce will total 115 to 120 at the end of this year. “We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

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The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

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Last year, the combined Micro 100 companies increased sales by 25 percent to about $11 million, a record high. This year, “we’re anticipating being over $12.5 million,” Newberry said. The growth reflects the expanded product line as well as rising demand. “Our business is very reflective of the economy,” Newberry said. “Cutting tools are used in every type of business that is manufacturing a product.” In Meridian, “we’ve been hiring fairly steadily,” he said, noting that the staff increased from 82 to 100 in the last two years. The workforce will total 115 to 120 at the end of this year. “We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

The company employs about 100 in the manufacture and worldwide sale of solid carbide and carbide-tipped cutting tools at a plant on Pine Avenue west of Nola Road. Micro 100 makes standard and specialized cutting tools such as threading and groove-cutting tools, boring bars, milling cutters and end mills. Clients include manufacturers - such as Boeing, McDonnell-Douglas, G.E. and Trane – machine shops and distributors. President Dale Newberry said a merger of a related company into the Meridian facility is targeted for completion by the end of February. It will boost inventory and efficiency, and result in about 15 new jobs as well as a 25 percent revenue gain. The Meridian company is acquiring Micro 100 Inc., a separate entity that is now in L.A. and has some owners in common with Micro 100 Tool Corp. “Our biggest thing this year is the consolidation of our sales to our Idaho operation so that we have everything under one roof, and so we are more efficient and more responsive to our customers,” Newberry said. The company has more than doubled the offerings in its catalog, including metric products, in less than a year. Newberry said the printed catalogs produce the vast majority of orders even though the company is enhancing its Internet site (micro100.com) to handle complete online ordering. “People still want that paper to put in their toolbox,” he said. “Operators on the (production) floor, without Internet access, can keep it handy.” The company started in Los Angeles in 1969 and moved to Idaho in 1980, operating in Garden City before buying the Meridian site in 1985 and constructing a 12,000-square-foot building. The plant was expanded to 24,000 square feet in 1991 and to the current 52,000 square feet in 1996. “We are anticipating adding on again in about three years. We’ll add about 36,000 square feet,” Newberry said. “All of our lines are growing steadily,” he said. Last year, the combined Micro 100 companies increased sales by 25 percent to about $11 million, a record high. This year, “we’re anticipating being over $12.5 million,” Newberry said. The growth reflects the expanded product line as well as rising demand. “Our business is very reflective of the economy,” Newberry said. “Cutting tools are used in every type of business that is manufacturing a product.” In Meridian, “we’ve been hiring fairly steadily,” he said, noting that the staff increased from 82 to 100 in the last two years. The workforce will total 115 to 120 at the end of this year. “We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

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“Our business is very reflective of the economy,” Newberry said. “Cutting tools are used in every type of business that is manufacturing a product.” In Meridian, “we’ve been hiring fairly steadily,” he said, noting that the staff increased from 82 to 100 in the last two years. The workforce will total 115 to 120 at the end of this year. “We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

The growth reflects the expanded product line as well as rising demand. “Our business is very reflective of the economy,” Newberry said. “Cutting tools are used in every type of business that is manufacturing a product.” In Meridian, “we’ve been hiring fairly steadily,” he said, noting that the staff increased from 82 to 100 in the last two years. The workforce will total 115 to 120 at the end of this year. “We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

The Meridian company is acquiring Micro 100 Inc., a separate entity that is now in L.A. and has some owners in common with Micro 100 Tool Corp. “Our biggest thing this year is the consolidation of our sales to our Idaho operation so that we have everything under one roof, and so we are more efficient and more responsive to our customers,” Newberry said. The company has more than doubled the offerings in its catalog, including metric products, in less than a year. Newberry said the printed catalogs produce the vast majority of orders even though the company is enhancing its Internet site (micro100.com) to handle complete online ordering. “People still want that paper to put in their toolbox,” he said. “Operators on the (production) floor, without Internet access, can keep it handy.” The company started in Los Angeles in 1969 and moved to Idaho in 1980, operating in Garden City before buying the Meridian site in 1985 and constructing a 12,000-square-foot building. The plant was expanded to 24,000 square feet in 1991 and to the current 52,000 square feet in 1996. “We are anticipating adding on again in about three years. We’ll add about 36,000 square feet,” Newberry said. “All of our lines are growing steadily,” he said. Last year, the combined Micro 100 companies increased sales by 25 percent to about $11 million, a record high. This year, “we’re anticipating being over $12.5 million,” Newberry said. The growth reflects the expanded product line as well as rising demand. “Our business is very reflective of the economy,” Newberry said. “Cutting tools are used in every type of business that is manufacturing a product.” In Meridian, “we’ve been hiring fairly steadily,” he said, noting that the staff increased from 82 to 100 in the last two years. The workforce will total 115 to 120 at the end of this year. “We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

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Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

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“Our biggest thing this year is the consolidation of our sales to our Idaho operation so that we have everything under one roof, and so we are more efficient and more responsive to our customers,” Newberry said. The company has more than doubled the offerings in its catalog, including metric products, in less than a year. Newberry said the printed catalogs produce the vast majority of orders even though the company is enhancing its Internet site (micro100.com) to handle complete online ordering. “People still want that paper to put in their toolbox,” he said. “Operators on the (production) floor, without Internet access, can keep it handy.” The company started in Los Angeles in 1969 and moved to Idaho in 1980, operating in Garden City before buying the Meridian site in 1985 and constructing a 12,000-square-foot building. The plant was expanded to 24,000 square feet in 1991 and to the current 52,000 square feet in 1996. “We are anticipating adding on again in about three years. We’ll add about 36,000 square feet,” Newberry said. “All of our lines are growing steadily,” he said. Last year, the combined Micro 100 companies increased sales by 25 percent to about $11 million, a record high. This year, “we’re anticipating being over $12.5 million,” Newberry said. The growth reflects the expanded product line as well as rising demand. “Our business is very reflective of the economy,” Newberry said. “Cutting tools are used in every type of business that is manufacturing a product.” In Meridian, “we’ve been hiring fairly steadily,” he said, noting that the staff increased from 82 to 100 in the last two years. The workforce will total 115 to 120 at the end of this year. “We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

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Micro 100 makes standard and specialized cutting tools such as threading and groove-cutting tools, boring bars, milling cutters and end mills. Clients include manufacturers - such as Boeing, McDonnell-Douglas, G.E. and Trane – machine shops and distributors. President Dale Newberry said a merger of a related company into the Meridian facility is targeted for completion by the end of February. It will boost inventory and efficiency, and result in about 15 new jobs as well as a 25 percent revenue gain. The Meridian company is acquiring Micro 100 Inc., a separate entity that is now in L.A. and has some owners in common with Micro 100 Tool Corp. “Our biggest thing this year is the consolidation of our sales to our Idaho operation so that we have everything under one roof, and so we are more efficient and more responsive to our customers,” Newberry said. The company has more than doubled the offerings in its catalog, including metric products, in less than a year. Newberry said the printed catalogs produce the vast majority of orders even though the company is enhancing its Internet site (micro100.com) to handle complete online ordering. “People still want that paper to put in their toolbox,” he said. “Operators on the (production) floor, without Internet access, can keep it handy.” The company started in Los Angeles in 1969 and moved to Idaho in 1980, operating in Garden City before buying the Meridian site in 1985 and constructing a 12,000-square-foot building. The plant was expanded to 24,000 square feet in 1991 and to the current 52,000 square feet in 1996. “We are anticipating adding on again in about three years. We’ll add about 36,000 square feet,” Newberry said. “All of our lines are growing steadily,” he said. Last year, the combined Micro 100 companies increased sales by 25 percent to about $11 million, a record high. This year, “we’re anticipating being over $12.5 million,” Newberry said. The growth reflects the expanded product line as well as rising demand. “Our business is very reflective of the economy,” Newberry said. “Cutting tools are used in every type of business that is manufacturing a product.” In Meridian, “we’ve been hiring fairly steadily,” he said, noting that the staff increased from 82 to 100 in the last two years. The workforce will total 115 to 120 at the end of this year. “We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

The company started in Los Angeles in 1969 and moved to Idaho in 1980, operating in Garden City before buying the Meridian site in 1985 and constructing a 12,000-square-foot building. The plant was expanded to 24,000 square feet in 1991 and to the current 52,000 square feet in 1996. “We are anticipating adding on again in about three years. We’ll add about 36,000 square feet,” Newberry said. “All of our lines are growing steadily,” he said. Last year, the combined Micro 100 companies increased sales by 25 percent to about $11 million, a record high. This year, “we’re anticipating being over $12.5 million,” Newberry said. The growth reflects the expanded product line as well as rising demand. “Our business is very reflective of the economy,” Newberry said. “Cutting tools are used in every type of business that is manufacturing a product.” In Meridian, “we’ve been hiring fairly steadily,” he said, noting that the staff increased from 82 to 100 in the last two years. The workforce will total 115 to 120 at the end of this year. “We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

Newberry said the printed catalogs produce the vast majority of orders even though the company is enhancing its Internet site (micro100.com) to handle complete online ordering. “People still want that paper to put in their toolbox,” he said. “Operators on the (production) floor, without Internet access, can keep it handy.” The company started in Los Angeles in 1969 and moved to Idaho in 1980, operating in Garden City before buying the Meridian site in 1985 and constructing a 12,000-square-foot building. The plant was expanded to 24,000 square feet in 1991 and to the current 52,000 square feet in 1996. “We are anticipating adding on again in about three years. We’ll add about 36,000 square feet,” Newberry said. “All of our lines are growing steadily,” he said. Last year, the combined Micro 100 companies increased sales by 25 percent to about $11 million, a record high. This year, “we’re anticipating being over $12.5 million,” Newberry said. The growth reflects the expanded product line as well as rising demand. “Our business is very reflective of the economy,” Newberry said. “Cutting tools are used in every type of business that is manufacturing a product.” In Meridian, “we’ve been hiring fairly steadily,” he said, noting that the staff increased from 82 to 100 in the last two years. The workforce will total 115 to 120 at the end of this year. “We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].

“We’re hard-pressed to keep up with demand,” Newberry said, adding: “We have a backlog for the first time in five years.” Competition is worldwide. “Over the past five years there has been some attrition in the industry, but it also seems like new companies are cropping up all the time,” Newberry said. Industry trends in the last couple of years include “huge strides in the machining of molds” - which places greater demand on cutting tools – and major advancements in cutting-tool coatings that increase tool life and efficiency, he said. About 18 percent of sales are international, up from 10 percent four years ago. The company set up a distribution network in China about a year ago. The company invested nearly $4 million in new equipment in the last two years, and intends to spend about $1.5 million a year in the next several years to accommodate existing and new product lines, Newberry said. To contact the author of this story, send email to: [email protected].