Status: Off The Market
The Opportunity: The company provides precision machining and products for the energy, automotive, aerospace, medical, semi-conductor industries as well as engineering development contracts. Capabilities extend across steel, stainless, alloys, aluminum, plastics and composites. It has a reputation for producing high quality precision products and technologically advanced processes and capabilities. It is an API 5CT approved facility with ISO 9002 quality procedures.
Summary of Operations: The company provides precision machining services for the oil & gas, water, mining, geothermal, agricultural and environmental industries. It's products include manufacturing equipment, downhole tools, for the oil industry; as well as threading, casing and tubing, and manufacturing of slotted casing and wire-wrapped screens for horizontal wells. The company is focusing efforts on expanding revenues in areas outside of the petroleum industry. These efforts will allow the non-energy side of the business to become a significant revenue producer without reducing the existing energy revenue and mitigate any risk that the energy business might produce. The company provides services to a wide range of industries and as a result has a broad customer base and sales are not concentrated in one or two customers. Key management personnel are long term industry trained product veterans with many having over twenty-five years of service complemented by an experienced, nonunion hourly work force that is extremely capable of producing the complex products required by their customers. Additionally, the company is set up to produce volume production of precision products at economical costs.
Key Strengths: Highly profitable, state-of-the-art manufacturing facility and equipment, high growth markets, experienced long term management and employees, significant production capacity, broad product capabilities, diversified customer base and growing demand for its products.
Manufacturing Businesses For Sale
Machine Shops For Sale
United States Businesses For Sale
Middle Market Businesses For Sale
Relocatable Businesses For Sale
|Sales:||Between $5 Million And $10 Million ($6,800,000)|
|Profits:||Between $1 Million and $2.5 Million ($2,000,000)|
|Profit Type:||Earnings Before Interest, Taxes & Depreciation (EBITDA)|
|Asking Price:||Between $7.5 Million and $10 Million|