Description

Founded in 1987 this company manufactures specialty high quality precision machine components for the Aerospace, Defense and Other Industrial OEMS. Products manufactured include fittings for jet engines, components for pressure switches, electrical cabinet components for submarines and ships along with various parts for nuclear power plants. The company enjoys an excellent reputation for superior quality and on time deliveries by utilizing sophisticated job routing systems, in-process inspection system and continuous employee training. This business leases 11,000SF which is a "state of the art manufacturing facility" The Company is ISO 9001-2008 certified and additionally is AS-9100 compliant. Sales are generated through referrals and the company's 40 long term highly repetitive accounts with approximately 20 of the accounts being active at any one time. The business employs a stable, knowledgeable and well trained workforce of 45 which includes 2 shift managers, 3 programmers, 12 set-up technicians, 15 machine operators, 2 quality control staff, along with a 1 welder, 1 machinist, 1 driver, 1 maintenance person plus 3 administrative persons. Owners' preference is to sell control of the business, but remain for the long term and participate as equity partners.

Posted May 29, 2015

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