Details - Information last confirmed on May 12, 2021
CNC (Computer Numerical Control) machining operation that manufactures a specialty, high quality, close-tolerance industrial product and performs some job shop machining on a periodic basis for quality customers (incl. Fortune 100).
Founded in Jan. 2010 when owners bought assets of defunct company. Revenues increased from $1 mil to over $4 mil in the following decade and employment has grown from 7 initial employees to 11 FT and 1 PT.
Within the US domestic market, the primary competitors are: 1) Cylicron Engineered Products and Cylicron, LLC (which were originally part of Southern Gravure, now surviving as Southern Graphic Systems of Louisville, KY) is the largest supplier of printing cylinders (Jeffersonville, IN, diversified industrial cylinder mfg. with 50+ employees and roughly $19 million in 2019 sales that dropped to just under $18 million in 2020), 2) Avis Roto-Die (Los Angeles, CA, cylinder mfg. with $5-10 million in sales), 3) Badger Gravure (Columbus, WI, cylinders and engraving with 10-49 employees), and 4) CY-Tec (Dekalb, IL, cylinders with 10-49 employees),
ACP’s competitive advantages include: an exceptionally experienced workforce; a lean operation reflecting effective management that keeps administrative costs low; and an excellent location in central North Carolina just off a major east-west Interstate Highway (I-40) and not far from a north-south Interstates that links the company to the Great Lakes Region and Midwest (I-77) and the northeast and southeast (I-95). There is little risk of import competition due to speed of delivery expected by customers.
Owners estimate they are operating at 70% capacity and customer industry segment is expected to grow 23% between 2020 and 2025 even though demand slumped in 2020.
Metal bldg. with 24 ft. clearance and brick office up front
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