Company Overview¶
Legal Name: Jona Manufacturing Services, Inc. DBA: Jona Manufacturing Address: 264 DP Road, Los Alamos, NM 87544 Phone: 505-662-4611 | Fax: 505-662-1424 Website: https://www.jonamanufacturing.com/ Entity Type: S-Corporation (IRS Form 1120-S)
History¶
- 1985: Founded by Joe and Nancy Hand as "Jona Machining" (JO-for Joe, NA-for Nancy) (Source: Website About Us)
- 1985-2002: David Hand worked in technical and administrative roles at the company (Source: CIM)
- 2003: David Hand (son) took over, expanded from machining into fabrication and welding (Source: Website About Us, CIM)
- Key Accomplishment: Selection for LANL's long-term blanket contracts and placement on the special suppliers list (IESL), enabling reduced competition and eligibility for nuclear weapons work (Source: CIM)
- Present: ~12 employees, $3.7M revenue (2025), primary supplier to LANL (Source: FAQ, Tax Return 2025)
Mission Essential Status¶
During the pandemic, LANL and New Mexico State deemed Jona Manufacturing as a mission essential service, so the company was not shut down when many other businesses were. This reflects the critical nature of its work supporting national security. (Source: CIM)
Northern New Mexico Preference¶
Jona Manufacturing is given a Northern New Mexico preference when selecting work for LANL contracts. This provides a 5% lower bid advantage over non-local competitors — a significant competitive moat. (Source: CIM)
2025 Contracts on Books¶
As of January/February 2025, JMS already had $2.6 million in contracts on the books, indicating strong forward visibility. (Source: CIM)
What They Do¶
Precision CNC machining, custom welding, and fabrication for government, nuclear, Department of Energy, and scientific communities. (Source: Website Home)
Core services: - 3, 4, and 5-axis CNC machining (mills and lathes) - Wire EDM machining (Makino U6 H.E.A.T, 5-axis) - Custom welding (AWS/ASME certified) - Sheet metal fabrication - Laser engraving/cutting (Epilog Fusion M2) - CNC plasma cutting (ArcLight Dynamics 5'×10') - Non-destructive testing (PT, MSLT leak detection per ASNT SNT-TC-1A)
Products manufactured: - Gloveboxes - High vacuum chambers - Superconducting magnets - Neutron detectors - Radiation monitors - Optic mounts - Lasers and polarizers - In-flight hardware - Prototype and production parts
(Source: Website About Us, CIM)
Key Numbers¶
| Metric | Value | Source |
|---|---|---|
| Revenue (2025) | $3.67M | financials/profit-and-loss |
| Revenue (2024) | $2.0M | financials/tax-returns |
| Revenue (2023) | $1.87M | financials/tax-returns |
| CIM Revenue (2025) | $3.9M | CIM Financial Summary |
| CIM Gross Margin | 42% | CIM |
| CIM Net Margin | 25% | CIM |
| Net Income (2025) | $799K | financials/balance-sheet |
| COGS (per CIM) | $2.2M | CIM |
| Salaries & Wages (per CIM) | $272K | CIM |
| Rent (per CIM) | $96K | CIM |
| Inventory | $903K | CIM |
| FF&E | $1.2M | CIM |
| Website/Media | $4K | CIM |
| Employees | ~12 | FAQ |
| Facility Size | 10,200 sq ft | Website, CIM |
| Lot Size | 1.12 acres (48,921 sq ft) | real-estate/property |
| Asking Price (Business) | $2.25M | CIM |
| Asking Price (Real Estate) | $1.0M | CIM |
| SDE Multiple | ~2.1x | deal/valuation |
| LANL Revenue % (2025) | 94% | FAQ |
Ownership¶
Current Owner: David Hand — President - Email: dhand@swcp.com - Cell: 505-412-3265 - Works ~25 hrs/week: 25% day-to-day operations, 75% strategic oversight - Willing to provide transition support post-sale
(Source: Website Contact, FAQ)
Broker / Listing Information¶
| Item | Details |
|---|---|
| Broker | New Mexico Business Brokers |
| Contact | Justin |
| Phone | 505.231.5113 |
| justin@newmexicobusinessbrokers.com | |
| Website | www.newmexicobusinessbrokers.com |
Video Walkthrough: Facility Tour (Source: CIM)
Operational Hours¶
- Monday – Friday: 7:00 a.m. – 5:00 p.m.
- Work Arrangement: Flexible and staggered hours for employees (Source: CIM)
Market Position¶
JMS occupies a niche position as one of few NQA-1 certified machine shops within driving distance of Los Alamos National Laboratory. Key differentiators:
- Proximity to LANL — 264 DP Road is essentially on LANL's doorstep
- NQA-1 + ITAR + IESL — Triple certification barrier to entry (see quality/certifications-detail)
- Decades of relationship — Supplying LANL since 1985
- Full-service — Machining, welding, fabrication, NDT, inspection all in-house
Competitors: Hand Precision Machining, Yeamans (local); Bogue, Sun Country, Continental (Albuquerque); Petersen, Wagstaff, Springs Fabrication (national NQA-1) (Source: Thomas's DD)
See: company/competitors
Geographic Expansion & Tax Incentives¶
Denver location expansion: Beyond LANL, JMS has expanded to other DOE facilities that utilize gloveboxes (e.g., other national labs, research centers).
Tax incentives: - R&D tax break for LANL work - Northern NM Initiatives (5% bidding advantage on LANL work) - $20K RDC grant for Zeiss CMM purchase - LEDA (Local Economic Development Act) for expansion/relocation grants