MICHIGAN-BASED SPECIAL TOOLING AND PATTERN FABRICATOR
This is a well-equipped special tooling and pattern fabrication operation with an excellent track record of serving industrial OEM and tier-two manufacturing clients with quality and innovation. With extensive facilities, best-in-class equipment and a highly trained workforce, the Company ranks at the top of its industry. It is recognized by customers and competitors as an innovator. Its cost-effective alternatives to traditional methods of manufacturing have driven down customer cost and turnaround time. The Company has served for decades a national market comprised of a small number of well-known brand names. High performing products coupled with excellent customer service have resulted in outstanding customer loyalty along with reliable revenue volume and margins. The owner is looking to retire and has a strong team in place. He is interested and able to assist in the transition to a financial or strategic buyer.
GROWTH OPPORTUNITIES
History of Innovation – The Company has a record of innovation, introducing new methods of manufacture that reduce cost and time to market while preserving and improving quality.
Opportunity to Add Customers and Markets – Customer retention and expansion has occurred without a sales department. New customer development could propel growth in existing and new markets.
Lights-Out CNC Manufacturing – The business already operates some CNC machining without direct operator supervision. A manufacturing strategy could be developed to leverage current equipment and facility infrastructure further without increasing direct variable labor cost.
INVESTMENT HIGHLIGHTS
Trusted Brand and Reputation – The Company enjoys an impeccable reputation with a loyal and diverse customer base. A buyer focused on customer service can see a solid stream of recurring business.
Prepared for Transition – The owner has been preparing for transition by delegating responsibilities and growing the capabilities of team members, continuing a tradition of developing employee skills. This included hiring a General Manager in 2016.
Property Options – The facility is owned by a separate related entity with opportunity for lease or sale.
3 Year Average Revenue: $3,000,000
3 Year Average EBITDA: $400,000