Matt Dietrich is currently CEO of Alco Manufacturing Corporation, one of the largest middle-market contract precision machining businesses in North America, based in metropolitan Cleveland, Ohio. With over 700 employees, 650,000+ sq ft of manufacturing space, and over 1000 production machines across 10 facilities located in several Midwestern US States, Alco is a private equity-owned property of MiddleGround Capital which has over $3 billion AUM and operations in Lexington, KY, New York City, NY, and Amsterdam, Netherlands. Serving diverse end markets, Alco specializes in high-complexity, high-precision machining and metal forming of steel, brass, aluminum, and specialty alloy materials for a wide variety of applications and end-markets.
An engineer by background, Matt has more than 30 years of professional business experience in functional, executive, and board leadership roles in industrial manufacturing businesses involving global markets, supply chains, operational footprints, and scope. Matt has extensive history and executive perspective in transformational leadership, profitable growth, and operational optimization of diverse B2B and B2C industrial manufacturing businesses operating in the public, private, foreign, and private equity-owned arenas, and involving full P&L’s ranging from $50 million to almost $1 billion in revenues. Matt also has particularly deep commercial and operational experience building and implementing rapid, high-impact organic and M&A-related additive growth strategies, particularly involving businesses operating around bespoke engineered / manufactured products, and serving OEM, aftermarket, distribution channel management, and industrial capital equipment markets.