John Shegda with KMM Group

John Schegda, CEO of KMM Group, discussed the company's unique capabilities in high-tolerance machining and grinding, emphasizing their role in solving complex manufacturing challenges. KMM Group, formed by integrating three companies, specializes in difficult-to-manufacture parts, particularly in the medical device and aerospace sectors. Schegda highlighted a notable project involving a NASA component with stringent tolerances, illustrating their expertise. He also touched on the future of manufacturing, stressing the importance of right-sizing in the supply chain and the potential transformative impact of AI on the industry.

Outline

Introduction to Industrial Talk Podcast

• Scott introduces the episode of Industrial Talk, sponsored by MD&M West and News and Brews.
• The podcast is broadcasting live from MD&M West in Anaheim, showcasing a collection of problem solvers and innovations.

Introduction of John Schegda and KMM Group

• Scott mentions John Schegda, CEO of KMM Group, and the upcoming conversation.
• John Schegda introduces himself and explains the formation of KMM Group, each letter representing a different company.
• John shares his background, starting with his family business, M&S Centerless Grinding, in the late 1950s.
• He discusses his decision to stay in the family business instead of pursuing medical school.

John's Passion for Manufacturing

• John expresses his dedication to the manufacturing industry, describing it as rewarding despite its challenges.
• He references a book, "Smart People Should Make Things," which he believes highlights the importance of hands-on innovation.
• John explains the capabilities of KMM Group, focusing on high-tolerance machining and grinding.
• He emphasizes the company's ability to solve difficult manufacturing challenges for customers.

KMM Group's Capabilities and Projects

• John details the different companies under KMM Group, each with unique capabilities in machining and grinding.
• He describes the company's consolidation into a single 100,000 square foot facility.
• John shares a story about a complex component for NASA, highlighting the tight tolerances required.
• He discusses the company's involvement in various industries, including medical devices, aerospace, and space exploration.

Unique Manufacturing Challenges

• John recounts a project involving grinding stone core samples for Schlumberger Technologies.
• He describes the challenges of working with large stone samples and the importance of meeting exact specifications.
• John shares another story about a project for NASA, involving a tightly tolerated component for a Mars water loop compressor.
• He highlights the company's ability to handle unique and challenging manufacturing projects.

Future of Manufacturing and Supply Chain

• John discusses the future of manufacturing, emphasizing the importance of right-sizing in the supply chain.
• He explains the impact of M&A activity on the industry and the need for boutique contract manufacturers.
• John talks about the potential of AI in transforming the manufacturing industry, both as a tool and a source of competition.
• He emphasizes the importance of maintaining a balance between specialized capabilities and the ability to scale.

John's Vision for KMM Group

• John outlines his vision for KMM Group, focusing on leveraging AI while maintaining the company's unique capabilities.
• He discusses the importance of finding the right spot in the supply chain to provide value.
• John highlights the company's commitment to innovation and problem-solving in the manufacturing industry.
• He expresses his passion for the industry and the impact KMM Group has on various sectors, including medical technology and aerospace.

Conclusion and Contact Information

• Scott wraps up the conversation, expressing admiration for John's storytelling and expertise.
• John provides contact information, encouraging listeners to reach out on LinkedIn.
• Scott reiterates the importance of attending events like MD&M West to meet industry professionals like John.
• The podcast concludes with a reminder to stay tuned for more conversations from MD&M West.