Yearly revenue and margin growth due to Company focus on OEMs that don’t have their own metal fabricating capabilities. Many supply contracts in place that allow the Company to make strategic investments in systems and equipment.
Company focus has been to form customer relationships with fewer but larger customers to maximize efficiency and profitability. Furthermore, their customer base produces consumer related products versus capital intensive products making the Company less prone to economic downturns.
Heavy lifting is done. Company invested heavily in time and capital to obtain operational excellence. Employees are well trained and many are cross functional with a “do whatever it takes mentality.”
With 2019 addition, clean and upgraded building is 41,000 square feet and is expandable to 80,000 square feet to insure capacity for future growth.
Current backlog for 2021 is $7 million with several large customers forecasting growth due to pent up demand from current pandemic.
This is a unique investment opportunity for the buyer that can add revenues to an existing Company that is operationally efficient and financially sound.