Potential Pitfalls When Selling Your Business
As a young boy, Kenneth Statton was introduced to the manufacturing trade by his father, and manual machining and general shop help became standard parts of his days. Shortly after exiting college, Statton decided to start his own machine shop in the garage of his childhood home. From this humble beginning, years of hard work led his business to where it is now.
MST Manufacturing is Statton’s third start-up manufacturing company, with the previous two being sold. Under the leadership of Statton, MST Manufacturing has quickly become one of the region’s most recognizable names in Aerospace Machining. In addition to this world-class manufacturing company, Statton is also part of Liberty Forged, his son’s 2020 start-up company featuring custom wheels, and Parts by MST, a Volkswagen product line that he designed 20 years ago and is now managed by his wife.
Statton has served in leadership roles on every major manufacturing and technical school board in the State of Oklahoma for nearly three decades. He has been an active part of the exceptional growth and development of each.
Statton is a husband, father, grandfather, friend, and community leader who is blessed to work with his family and be surrounded by wonderful people daily.