Looking for a buyer.
Summit Advisory is exclusively representing a Custom Machining, Fabrication, and Contract Design engineering company based in the Northeastern, United States. The multi-generational, family-owned business, designs, machines, fabricates, assembles, and installs custom & legacy equipment for a variety of industries and customers, including Fortune 500 companies. The company utilizes stainless steel, aluminum, composites, plastics, and it’s equipment is used by wipe, filter/filtration, cardboard core, non-wovens, surgical equipment, and many others in the production or processing of their product. The facility spans over 100,000 Sq Ft, ISO Certified, and air-conditioned. In addition to a full engineering design team, the company utilizes a variety of manual and automated equipment including, but not limited to multi-axis EDM and CNC Lathes & Mills. Post-Covid market conditions have created an opportunity for this ~$13m revenue company to evaluate opportunities as they are currently unprofitable, but expecting to regain profitability in future quarters, especially around refurbishments and service work on legacy equipment. The company has an excellent and knowledgeable staff of machine operators, designers, mechanical and electrical engineers, and a management team willing and eager to stay post transaction. This is an excellent opportunity to leverage an existing team, equipment, legacy designs, and facility. If you would like to learn more, please sign the NDA in the link below and use Opportunity File #E-1994. https://summitadvisory.com/nda-request/ For additional questions email --@----.com

listing type
exclusive representation
industry
Manufacturing
location
Pennsylvania, USA
revenue
$13,000,000
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