The company has numerous set screw sizes and styles in stock and is capable of manufacturing special types and sizes of set screws.
The Company has 39 Brown & Sharpe single turret screw machines, 4 thread rolling machines, and 19 lipe bar feeders.
Financially strong performer, having increased its annual revenue to pre-pandemic levels in 2021, and projected to surpass those results in 2022, with sales above $3.4 million in the first half of the year
Products: The Company sells products to building construction firms, agricultural equipment manufacturers, as well as to operators in the Automotive and Aerospace Industry. The majority of the Company?s revenue (70%) comes from its distribution operations, while 30% comes from its manufacturing business.
The business markets and produces the following items:
Slotted Set Screws
Socket Set Screws
Specials per Print
Having expanded the business and developed a strong brand that is widely recognized in the market for generations, the owner wants to retire and sell the company to a group that can continue on its tradition of success and take the company to the next level. The owner will be very flexible with transitional support.
The Company has an opportunity to increase its marketing efforts as well as expand its sales team to target different industries and enter new markets.
The existing client base and positive reputation allow the Company to target new markets, which may prove to be a lucrative business decision over the long term.
The Company has a wide range of equipment, and its production capacity is not fully utilized yet.
It has an opportunity to partner with U.S. based suppliers and manufacturers to further expand its product portfolio
Key Acquisition Considerations & Highlights:
Exceptional Customer Support ? 85+ years of existence, their exceptional customer service and ISO 9001:2015 certification is proof of the high quality work that they do and the products they make.
Wide range of items - provides clients with an unrivaled selection of different types and sizes of set screws, as well as U.S.-made and imported options.
Highly Equipped Facilities - 25,700 SF facility with 39 Brown & Sharpe screw machines, 4 thread rollers, 19 lipe bar feeders, wide range of gauges, optical comparator and hardness tester to ensure product quality.
Diverse Supplier and Customer Mix - a diverse mix of domestic and foreign set screw suppliers, as well as clients from different industries. Largest customer is 11% of the revenue.