Details - Information last confirmed on November 23, 2020
This Company is a manufacturer of quality precision machined parts. They are a full-service machining facility that primarily focuses on CNC machining, OD grinding, and surface grinding. The Company provides full-service capabilities from prototypes, testing, and medium to large production runs. This versatile Company is a proven supplier of precision machined parts servicing a plethora of industries including automotive, defense, appliance, dairy, medical, dental, and various OEMs (non-automotive and automotive-related). Most of the Company’s customers are local; however, the Company does service customers across the country.
The current owner started the Company in 1976 and grew it from a small one-lathe operation with a single customer to a national supplier of precision, close tolerance parts in a wide variety of materials such as aluminum alloys, copper and brass, stainless steel (food grade), hot and cold rolled steels, titanium, ferritic, inconel, and all exotic materials.
The Company has a large and diverse equipment base that supports an array of services. Its equipment base consists of over 50 machinery assets that combine for a Total Fair Market Value of nearly $900K. The industrial facility measures approximately 33,630 square feet in size and sits on 3.57 acres. This fantastic piece of real estate is valued at $2.22M, and the owner would like to sell the property and Business to a prospective buyer. This presents a unique opportunity for both an individual buyer looking to enter the industry or a strategic buyer wanting to add a substantial piece of real estate and a diverse equipment base to their current operation.
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