May 7, 2020 — After more than 80 years of operation, this U.S.-based manufacturing company for sale has cemented a reputation of reliability among its peers. In fact, they're often referred to as the "problem solvers" of the electric motor manufacturing industry.
This reputation of excellence and innovation has even caught the attention of key suppliers to the U.S. Navy and NASA. This is an opportunity for growth, but some capital may need to be invested before the company can move forward on these projects.
The seller is seeing growth opportunities in the test stand market as well.
To achieve further growth, the seller believes it would strategically benefit a buyer to move one of their factories closer to the country's manufacturing hub. The seller hasn't pursued these growth opportunities himself, mostly due to his age and a lack of upfront capital. He's also looking to step down at this time in order to fully enjoy his retirement, not begin another initiative.
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