Premier Contract Tooling and Metal Stamping Supplier For Sale

Business description

The Company is a contract tooling and metal stamping supplier. The Company offers part design consultation, prototyping, design and build of metal stamping dies, production stamping to 600 tons, manual and robotic welding, assembly, testing, and machining.

Management believes that the Company’s competitive edge lies in its broad range of service mix offerings and its extensive industry experience. The Company has gained a reputation for its technologically advanced metal forming equipment and technologies to produce dies and parts, quality controls and assurance, highly trained workforce, and superior client relationships. These drivers represent areas in which the Company has excelled in since inception. These and other factors contribute to a high rate of repeat business and position the Company well for continued growth and success.

• Critical mass: The Company’s estimated sales of $12.7 million for 2009 will be attractive to buyers seeking to establish a foothold or increase market share

• Exports continue rising: US hand tool and cutlery exports rose 6.3% in the first 11 months of 2007 compared to the same period in 2006. While exports to the top two destinations for US-made hand tools and cutlery fell, Canada by 8% and Mexico by 10.5%, exports to 11 of the top 15 countries rose. Experts say that the falling value of the US dollar relative to other currencies will drive exports higher as US-made products become cheaper abroad. (Source: FirstResearch)

• Manufacturers invest in machine tools: US machine tool consumption climbed 6.6% in the first 11 months of 2007 from a year ago, according to the American Machine Tool Distributors' Association (AMTDA) and The Association for Manufacturing Technology (AMT). Orders have been strong for large multi-process machines, which take longer to produce than single-process, indicating long-term confidence from the manufacturing sector. By US region, consumption was strongest in the Northeast, up 11.4%, and weakest in the West, down 4.2%