Start up machine shop in Detroit area needs a more refined logo

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This customer received 57 logo designs from 19 designers. They chose this logo design from guten as the winning design.
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Our company has an existing logo that was (very quickly) put together in Powerpoint and paint, and needs some serious help.
Our company is family owned & operated, and we make machined components mostly for the automotive, robotics, and medical industries.
Our current logo is for "Systematic Manufacturing" but we would like the new logo to say "Systematic Manufacturing Inc." We would also love for there to be a shorthand version of our logo, just "SMI".
Our logo should incorporate the colors black and red, and should have some depth to it.
For a review of our previous logo - please see www.systematicmfg.com
Updates
Project Deadline Extended
Added Monday, November 25, 2013
Project Deadline Extended
Reason: Still deciding between a couple submissions.
Added Tuesday, December 03, 2013
Target Market(s)
Purchasing departments in many different industries. We are selling a professional service of manufacturing and engineering.
Industry/Entity Type
Medical
Logo Text
Systematic Manufacturing Inc.
Logo styles of interest
Emblem Logo
Logo enclosed in a shape



Pictorial/Combination Logo
A real-world object (optional text)



Abstract Logo
Conceptual / symbolic (optional text)



Wordmark Logo
Word or name based logo (text only)


Lettermark Logo
Acronym or letter based logo (text only)



Font styles to use
Look and feel
Each slider illustrates characteristics of the customer's brand and the style your logo design should communicate.
Elegant
Bold
Playful
Serious
Traditional
Modern
Personable
Professional
Feminine
Masculine
Colorful
Conservative
Economical
Upmarket
Requirements
Must have
- - Clear Background (ability to place on different colored backgrounds with no problem.)
- Use of Red & Black
Nice to have
- Ability to be used in all types of advertising - T-shirts, signs, business cards, website, etc.
Should not have
- Gears, or anything that resembles a gear.