MIDWEST PLASTICS MOLD MAKER AND MANUFACTURER

MIDWEST PLASTICS MOLD MAKER AND MANUFACTURER

This fullservice ISO 9001certified plastics mold maker and manufacturer serves a longterm, loyal base of medical, automotive, aerospace, industrial and consumer goods customers. Its experienced staff takes clients from product concept to design, engineering, prototyping, molding, manufacturing and assembly. The Company has kept abreast of technological changes by constantly upgrading its equipment and software. Custom jobtracking software follows every aspect of the designandbuild process to promote successful delivery of highquality products on time. The Company has attracted and retained talented, welltrained employees, with an average tenure of about 20 years. With its trained workforce, modern equipment, proven processes, established reputation and loyal customers, the Company has the pieces in place for an aggressive buyer to increase sales and profitability.

GROWTH OPPORTUNITIES

Capacity available The Company’s recentgrowth has been limited due to the COVID19 pandemicand it has room for more production.

Reinvigorate sales Increased efforts targeting medical suppliers would likely bring more sales for new medical tooling, prototype mold building and manufacturing, which produce strong profit margins.

INVESTMENT HIGHLIGHTS

Loyal customers The Company enjoys solid, longterm relationships with customers in a wide variety of industries, including medical, automotive, aerospace, industrial and consumer goods.

Modern technology Constant upgrades of equipment and software have helped the Company stay on top of manufacturing innovations.

In-house capabilities The Company has numerous size injectionmolding presses for quick tryouts of plastic parts. Customers can try different resins onsite, and the Company can quickly make tooling and engineering changes as needed.

Workplace efficiency Exceptional, custom jobtracking software follows every aspect of the designandbuild process to promote successful delivery of highquality products on time.

Experienced, talented workers Employees have an average tenure of about 20 years; Sales team has combined industry experience of nearly 100 years.

Quality emphasis The Company is ISO 9001certified, a key factor to meet automotive customers’ strict quality demands

2021 Revenue: $2,580,000
2021 EBITDA: $550,000
2021 EBITDA w/out PPP: -$120,000

Contact: NuVescor Group
(616) 379-4047

 

MICHIGAN INDUSTRIAL SUPPLIES VENDOR

MICHIGAN INDUSTRIAL SUPPLIES
VENDOR

This Company has been selling a diverse selection of mostly U.S.-made industrial products to individuals, manufacturers, municipalities and other businesses in its Michigan community for more than a half-century. Its unmatched product knowledge, quality service, extensive inventory and same-day delivery have made it the “go-to” local supplier for industrial tools and materials. Its customers in the prosperous, industry-rich
region it serves include food processors, machine shops, tool and die makers, machine builders, manufacturers, contractors, schools, farms and do-it-yourselfers. It has earned tremendous loyalty among its 300 active customers, nearly all of whom are within 20 miles of its location. Despite its success, the Company has unrealized growth potential which presents an outstanding opportunity for the right buyer with a sales background and industrial products knowledge

GROWTH OPPORTUNITIES

Increased sales, marketing – The Company could grow by hiring additional inside and outside sales personnel
to maintain contact with current customers and attract new ones.

Weak online presence – A website update is overdue. Customers currently cannot view the Company’s
products online, much less place an order.

INVESTMENT HIGHLIGHTS

Unique service – The Company is the only supplier of its type in the manufacturing-rich community where it’s based.

Product knowledge – After decades in business, Company personnel understand industrial supplies and customers’ needs.

Customer loyalty – Nine of its top 10 customers have been buying through the Company for at least 10 years.

Buy American – Most of the Company’s products are U.S.-made – a distinct advantage in its conservative community where many buyers prefer domestic goods.

Get it now – Local customers receive free delivery, with multiple trips scheduled each day.

2021 Revenue: $ 1,200,000
2021 EBITDA: $ 30,000
2021 SDE: $90,000

 

Contact: NuVescor Group
(616) 379-4047

 

MICHIGAN-BASED CONTROL SYSTEMS INTEGRATOR

MICHIGANBASED CONTROL SYSTEMS INTEGRATOR

This Michiganbased company is a nonautomotive, multidiscipline controls integration, automation, and electrical firm. It serves a range of industries with systems design, engineering,software,fabrication, installation and support for material handling, process control and manufacturing data systemsandelectrical contracting. The Company serves the food, dairy, and beverage industries, and is also a ULcertified panel builder. In addition to the diverse customer industries and range of services, the Company is well diversified geographically, serving a mix of local, regional and national clients. Company success is built on the depth and breadth of its services as providedby a talented, experienced staff.

GROWTH OPPORTUNITIES

Dedicated Sales Team – Investing in a dedicated sales team and marketing support could provide the opportunity to tap into growingmarkets, particularly providing the ability to proactively reach out to new customers.

Expanded Product Line – The Company has the opportunity to leverage increased sales to a current list of more than 600 past and present clients by offering new and complementary products and services.

INVESTMENT HIGHLIGHTS

Remarkable Track Record  – The Company has a long history of innovative and quality operations provided by an expert, experienced staff. The Company offers a package of proprietary control systems it has developed.

Diverse Product Line – Offering a variety of services and products, the Company can meetneeds ofvarious manufacturers, providing diversification that helps avoid risks of market concentration.

Portability of Operations – The current facility is not included in the sales offer, providing the opportunity to lease the current facility or relocate to a buyer’s existing or preferred new locations. 

2021 Revenue: $ 6,500,000
2021 EBITDA: $ 1,400,000

 

Contact: NuVescor Group
(616) 379-4047

 

MICHIGAN FIXTURE DESIGN/BUILD COMPANY (NVC2214)

MICHIGAN FIXTURE DESIGN/BUILD COMPANY

This Michigan Company has earned a solid reputation and steadily growing sales while designing and building checking fixtures for industrial customers, mainly in the automotive industry. It produces high-quality components that provide many years of trouble-free service and is known for its on-time deliveries, industry-leading talent and technology and constant efforts to innovate. The Company’s highly-skilled and tenured staff has many years of design, programming, manufacturing and metrology experience. It has earned ISO 17025 certification which is critical to serving its mostly automotive customers. The current owner’s consistent investment in climate-controlled facilities, equipment and staff have created an opportunity for a new owner to continue the Company’s growth. 

GROWTH OPPORTUNITIES

Turnkey operation – History of profits, skilled workforce, up-to-date facility and equipment mean new owner could hit the ground running. 

Unused capacity – The Company has room to grow, which would be possible with the addition of more skilled employees and equipment. 

Untapped markets – Expanding service to automation, aerospace, and medical customers could boost sales. 

INVESTMENT HIGHLIGHTS

ISO certified – The Company has earned ISO 17025 certification which is important to automotive industry customers. 

Strong reputation – With decades of experience, the Company is known for high quality, on-time deliveries, industry-leading talent and technology and constant efforts to innovate. 

Broad capabilities – Its large, 5-axis machining and metrology capability allows the Company to produce components of many sizes and complexity 

Current Technology – The Company has high end Design, Manufacturing, and Metrology Software required to do business with the EOM’s as well as current machine technology, tooling and fixturing. 

2020 Revenue: $ 5,800,000
2020 Adjusted EBITDA: $ 1,300,000

MICHIGAN LAMINATED WOOD PRODUCTS MANUFACTURER

Michigan Laminated Wood Products Manufacturer

This long-established Michigan company specializes in CNC machining of composite wood, plastics and nonferrous metals to produce high-quality decorative seamless 3D laminate products for a wide variety of applications including hospitality, furniture, store fixtures, medical, auto and architectural components. Its skilled and experienced staff turns creative, cutting-edge designs into exceptionally beautiful and functional products. The Company has the expertise and equipment to produce components in a wide variety of designs in virtually any size. It provides its customers total fulfillment, including machining, laminating, assembling, packaging and shipping. Quality control is well-established, with prior ISO certification and complete part traceability of orders.

GROWTH OPPORTUNITIES

Kick-starting sales — The Company currently is operating well under capacity as its marketing relies primarily on their reputation and current clients. Creating a sales operation to more actively pursue new business and leverage the Company’s sought-after capabilities could produce high rewards.  

New products in the pipeline The Company currently has new proposed projects under way with current and prospective customers. 

INVESTMENT HIGHLIGHTS

Uncommon expertise — This company has rare capabilities within its industry, and little competition for its more advanced services. Potential competitors are discouraged by the complexity of mastering the processes and techniques, some of which are proprietary to the Company. 

Experienced staff — Solid and long-tenured management team, most having a decade or decades with the Company.  

Established customer base – Customers include some of the bigger names in their industries. Most are repeat customers and have been with the Company five years or longer. Very seldom is there a one-time customer or order. 

Year                                  2017            2018              2019             2020             2021

Sales                           $2,950,000  $2,720,000  $2,130,000  $1,160,000  $2,230,000

Adjusted EBITDA       $360,000     $140,000     ($10,000)    ($30,000)    $210,000

An appraisal as of December 2019 gives fair market value of machinery and equipment of $772,400