Metal Fabrication / Equipment Manufacturing
This highly successful company designs, manufacturers, installs, and services a variety of material handling equipment for industrial and construction uses. The manufacturing process includes consulting with the client, developing CAD drawings and then fabricating the equipment. The company maintains a field installation crew that can assist or fully execute the installation. Additional revenue streams include a service center and parts department.
The company employs approximately 45 people with key employees in place to run the daily operations allowing the owner to focus on sales and the long-term direction of the company.
The company offers health insurance, matching IRA, paid vacations, dental insurance and more.
Revenue has been steady between $11,000,000 and $12,000,000 over the last four years. Although 2020 will be on the lower end of that range due to lower capital expenditures, 2021 is projected to grow due mainly to a new partnership with a large company.
The seller will ensure full training and complete transition support.
81,000 square feet building