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Mar 18, 2020 — Business Overview
This family run business designs, manufactures, distributes, and installs high-end perimeter and freestanding wooden fixtures (millwork) for the Corporate, retail, institutional, high-end residential, and hospitality markets.
The Company operates a LEAN production system focused on repeatable processes. The equipment is adaptable to a wide range of product productions and the Company has dedicated and creative individuals throughout that are focused on success. Production is by far one of the Company's greatest strength.
While the Company primarily services clients within a 150 mile radius of the company location, it is capable of operating anywhere in the United States.
The Company is frequently on the cutting edge of new trends and currently has an exclusive relationship with the manufacture of a new product line which could result in a national distribution relationship.
All current production is completed utilizing a single production line.
Active opportunities are currently underway:
Artificial Intelligence / Robotics – The Company integrated AI/Robotics into its production line resulting in increased efficiencies of almost 100% with a decrease in damaged material and the elimination of multiple labor costs. Additional opportunities for AI/Robotics remain.
Software upgrades - The Company has adopted new software in its Estimating department, resulting a 15% increase in efficiency and more accurate estimates.
New Sectors - While the Company currently focuses its revenue generation on Corporate projects, new opportunities in high-end residential have been brought to their attention by their Corporate clients
Future Opportunities that could be initiated:
New Product - The current exclusive relationship with a foreign product manufacturer could be expanded to include national distribution right as well as being the focus of a new marketing campaign.
Sales Team Expansion – the Company currently operates with a small sales team. Management acknowledges that further expansion of this team should result in immediate benefits.