This paper addresses the parameter estimation problem for a manufacturing process based on the Auto-Regressive Moving Average (ARMA) model. The accurate estimation of the ARMA model’s parameter helps to reduce the production costs, provide better product quality, increase productivity and profit. Meta-heuristic algorithms are among these approximate techniques which have been successfully used to search for an optimal solution in complex search space. Meta-heuristic algorithms can converge to an optimal global solution despite traditional parameter estimation techniques which stuck by local optimal. A comparison between Meta-heuristic algorithms: Genetic Algorithms (GA), Particle Swarm Optimization (PSO) and the Accelerated PSO, Cuckoo Search, Krill Herd and Firefly algorithm is provided to handle the parameter estimation problem for a Winding process in the industry. The developed ARMA-meta-heuristics models for a winding machine are evaluated based on different evaluation metrics. The results reveal that meta-heuristics can provide an outstanding modeling performance.