Precision Tooling Manufacturer
This business has sustained steady growth since inception to present. It supplies multi million dollar automotive Tier 2 factories and is currently serving over 35 plants worldwide. The company is Best in Class for the tooling they currently produce. The company is U.S. Patent Awarded and a Canadian Patent is pending.
Internal Id
20241203
Growth & Expansion
Future growth potential is exceptional, with automotive sales expected to increase by at least 5% per year in the next few years. At the time of writing, revenue is not yet up to pre-pandemic levels, but growth is readily achievable due to the spare capacity available with existing equipment in the plant.
Support & Training
Present owner is willing to train a new owner for up to 1 year.
Facilities & Assets
Clean, well laid out factory space incorporating approximately 2400 sq. ft. with an extension of the building possible also. Good office space and staff facilities.
Number Of Employees
3
Market & Competition
The company’s reputation in the industry has been exemplary, generating impressive sales growth through word of mouth, with various customers worldwide. This sustainability has required the addition of the latest technology and automated equipment over the years.
Reason for Selling
Owners are retiring.
Financials
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