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MAN1954
Equipment & Machinery Product Manufacturer in Lubbock, TX.
Southwest US
A full service machine shop offering professional manufacturing, design, machine work and parts assembly primarily for the oil and gas market.
Key Aspects:
- +30 years of experience in the manufacturing, design and production of machine work and parts assembly manufacturing for the oil & gas and aerospace industry
- Strong long-term relationships with several of the largest oilfield services companies in the world through high-quality, reliable and timely delivery of work
- Solid macroeconomic demand is expected to mirror recent upward trends for all-time high crude oil production
- Highly experienced staff positioned to run all operations after a sale
- State of the art manufacturing and design implemented technology
Opportunities:
- Opportunity to own a company with continuous top-line growth and a healthy balance sheet
- Continue to expand strategic long-term relationships with several market leading companies in their respective fields
- Purchase additional equipment and hire more qualified employees to support for more demand and expansion
| Year: | 2015 Tax Rtns '000 | 2016 Tax Rtns '000 | 2017 Tax Rtns '000 | 2018 Internal '000 |
| Turnover | 1,648 | 1,664 | 2,488 | 5,199 |
| Gross Profit: | 626 | 710 | 936 | 1,657 |
| Adj. EBITDA * | 156 | 354 | 1,006 | 1,615 |
* Earnings before interest, tax and depreciation (non-cash item)