Manufacturer of Patterns & Molds for Foundry & Office Furniture Industries

Financial & Assets Details

About the Business

Business Description

This company has been in business for over 50 years and has been owned by the current ownership group for over 30 years. The business specializes in contract precision work, creating industrial patterns, molds and other specialty parts for the metal, wood and plastics industries. In conjunction with the precision work, many parts need machining as part of the overall production process and the company has the ability and capability to finish and machine castings to a customer's design. Products are sold to Original Equipment Manufacturers not only in the office furniture industry but also commercial, industrial and utility vehicle markets as well as the foundry industry. Machining is typically done for wood and other metal related customers dealing in office furniture and agriculture. A unique opportunity to acquire a strong company with a solid history and reputation. Sellers will consider all proposals for merger or acquisition.

Growth & Expansion

Opportunity for growth within the current buildings as well as additional land that would allow for expansion.

Market Competition:

Limited number of companies operating within this niche industry space.

Location Details:

Located in an industrial district of a regional city, all utilities with air conditioned and fully sprinklered buildings.

Support & Training

Owners will train and orient a new owner in the business operations and introduce to current customers and suppliers.

Reason for Selling:

Retirement of majority owner.