Miles Arnone
Miles Arnone is the CEO of Re:Build Manufacturing, a family of industrial businesses combining cutting-edge enabling technologies, operational superiority, and strategic M&A to build America’s next generation industrial company. Its goal is to help revitalize the U.S. manufacturing base over the coming decades, creating substantial opportunities for its employees and the communities where the company operates.
Miles’ experience has concentrated on the evaluation, acquisition, management, and turnaround of technology- and industrially oriented businesses with sales from $10MM to $250MM. He has worked extensively throughout North America, Western Europe and China and Taiwan.
Miles began his career having founded an industrial controls start-up out of MIT which was acquired by a private equity backed machine tool builder in 1993. From there he went on to run several machine tool companies, including Boston Digital, Campbell Grinder and Bridgeport Machines.
From 2002 to 2016, Miles worked at American Capital, a publicly traded debt and equity provider where he oversaw over three dozen technology- and manufacturing businesses inclusive of venture opportunities and turnarounds. A sampling of the firms and industries served include Aeriform (industrial gases), Avalon (medical devices), eLynx (document management software), Escort (radar detectors), ECA (medical devices), FreeConference (ASP), Future Logic (printers), HALT Medical (medical devices), KIC (warehouse equipment), NECCO (candy), Paradigm Precision (aerospace components), Pasternack (RF connectors), People Media (online dating), Precitech (machine tools), Next Point Systems (fixed mobile convergence SeGW and SBCs), IMT (cranes), 3SI (GPS-enabled bank security products), Value Plastics (medical components), Weber Manufacturing (tool & die).
He left American Capital to co-found Cannon Capital, a boutique investment company, investing in five firms through 2020. Miles’ experience in the U.S. industrial market over this period, and in particular the supply chain disruption that arose due to COVID, gave rise to the idea for Re:Build Manufacturing, which he founded with Jeff Wilke in 2020. In less than 18 months the company has grown to include nine businesses across a range of engineering and manufacturing disciplines, with over 600 employees, and continues to grow rapidly, both organically and through acquisition.
Miles received his undergraduate degree in mechanical engineering and MS degrees in engineering and management from MIT.
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