starting his own business. In the early 1970's, Fred Bauman saw a high demand for oilfield machining services and decided to take a risk and go into business for himself. Fred... started his business with one welder and one lathe in a small shop behind his home. The word got out and Freds workload increased beyond his capacity. Fred approached his stepson, Jim... A1 Bit and Tool and together they incorporated as Bauman Machine Inc. The oilfield boom was going strong and their business took off. They bought more equipment and quickly out...