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Precision Machining Business - Aerospace

In business since 1995, this precision machine shop specializes in aerospace work and has been thriving in this difficult economy. The firm performs a variety of machine processes, but they have established a niche in undertaking large turning work with very tight tolerances. Over the past ten years, they have built a reputation as a vendor that delivers superior quality work, on time. As a consequence, the firm is actually declining work from new clients to ensure they can meet the production needs of their existing customers. 2009 is forecasted to see an increase in sales from 2008. The firm has invested heavily in the latest in CNC turning machinery and programing technology which has allowed them to support a demanding set of aerospace clients while growing the business at very high levels of profitability. They have superior inspection equipment and maintain annual certifications for all of it. Owner and founder is seeking to retire, but will stay on for at least a year to ensure a smooth transition for the new ownership or managment team that purchases the firm.