Case Study

S&T Precision Plate Cutting, Inc - Hanson, Massachusetts

S&T Precision Plate Cutting, Inc - Hanson, Massachusetts

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S&T Precision Plate Cutting, Inc - Hanson, Massachusetts In 2001, Scott and Joyce Augustson decided to open their own machine shop so they could have more control over their future and make a better life for themselves. The couple bought out a waterjet-cutting business from Scott's former employer, MIE, Inc., and started S&T Precision Plate Cutting, Inc., a Hanson, Mass., business that provides waterjet and fine plasma cutting services to the medical, automotive, aerospace and architectural industries. The Augustsons could have never imagined that just months after opening their business, the United States would be attacked by terrorists and the manufacturing sector would be jolted into a brutal slowdown. "We carried through," Scott Augustson recalled, noting that he kept his fledgling b

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