SOUTHEAST MICHIGAN INDUSTRIAL PLATING AND COATING COMPANY

 

SOUTHEAST MICHIGAN INDUSTRIAL PLATING AND COATING COMPANY.   

 

This Southeast Michigan industrial plating and coating Company provides electrodepositions and industrial coatings to the automotive, military, furniture, and appliance industries throughout the Midwest, nationally and internationally. It stands out from competitors in its ability to process a wide variety of part sizes in small to large quantities. In its more than 40year history, the Company has built a stable of clients that is wide, deep, and loyal. Its location in a region rich in manufacturing presents multiple opportunities for building sales with more aggressive marketing. Current facilities provide plenty of room for growth, and an experienced leadership team is on board to assist new owners. 

GROWTH OPPORTUNITIES

Untapped capacity – The Company’s facility provides plenty of room for growth, capable of potentially doubling its current revenue within the premises.

Aggressive recruiting – Lack of qualified employees, not lack of work, has been the Company’s greatest challenge to growth.

Sales and marketing – The Company has no sales team, relying primarily on its reputation, word of mouth, and its website to generate new business.

INVESTMENT HIGHLIGHTS

 

Broad capabilities – The Company can process a wide variety of part sizes in quantities ranging from small lots to large production runs.

Many loyal customers – It has built a large stable of loyal clients; its top 10 customers have been working with the Company for an average of 17 years.

Industry certification – The Company’s ISO certification allows it to serve the many customers that require that industry standard.

Supplier relationships – Its top 5 suppliers have been working with the Company for an average of 18 years.

Experienced leaders – A leadership team, already in place, has decades of experience.

 

3 Year Average Revenue: $1,880,000

3 Year Average EBITDA: $330,000

 

Contact:

NuVescor Group

(616) 379-4047 Ext: 106

SOUTHEAST MICHIGAN FASTENER MANUFACTURER SOLD TO INVESTORS

SOUTHEAST MICHIGAN FASTENER MANUFACTURER SOLD TO INVESTORS

NuVescor Group is pleased to announce the successful sale of a Southeast Michigan fastener manufacturer.

The 90+ year old family business produces a wide range of turned products utilizing screw machines and CNC turning centers. Primary products produced are externally threaded fasteners and associated fastening products for a multitude of vehicle drivetrains. Primary markets served are in the Automotive, Off-Highway, Farm Implement, Marine Propulsion and Military vehicle markets. Customers supplied include vehicle OEM’s, Tier 1 and 2 OEM’s and fastener distributors located throughout the United States, Canada and Mexico.

The individual buyers are looking to grow and expand the business.

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