VEN302

Machining and Waterjet/Laser Contract Manufacturing Company

Southwest US
 

The company manufactures and provides piece-part production for other businesses that design and assemble a finished product, or outsource the manufacturing of all or part of the pieces required to make the product. The company uses various technologies such as traditional machining which includes mills and lathes along with non-traditional machining that includes waterjets and lasers.

Key Aspects:

  • Loyal and tenured employees
  • Diverse skill sets across multiple machines and technologies
  • Relatively new equipment with low maintenance costs
  • Able to take on larger projects and small enough to react quickly
  • Diversification of manufacturing technology and quality certifications, opening doors in multiple industries (ISO and AS9100)
  • Strong company culture
  • Available capacity to increase production
  • Solid 75% repeat customer base

    Opportunities:

    • Expand operations and offerings with multiple existing customers
    • Add robotics and automation to improve efficiencies
    • Hire additional sales force to help expand marketing efforts
    • Offer employee benefits
    • Purchase additional machining equipment to help further streamline processes
       
       
       
      Year:

      2015

      Tax Rtns

      '000

      2016

      Tax Rtns

      '000

      2017

      Tax Rtns

      '000

      2018

      Internal

      '000

      Turnover4,8763,9445,0576,337
      Gross Profit:9724907141,507
      Adj. EBITDA *9415491,0231,813
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited