Founded in 1976 this niche company manufactures a full line of high quality nationally recognized “Brand Name” parts and equipment for the converting industry. Products manufactured include custom made air shafts, air chucks, safety chucks, bowed spreader rolls, trim winders and idler rolls used in winding and unwinding for the web industry. The company’s equipment can be standard designs or specifically engineered and tailored to a customer’s individual needs. Products are sold primarily to the WEB Industries which include the paper, plastic, non-woven fabrics, filters, printing, labels, material handling and disposables sectors. In addition the company provides highly profitable service, repair and rebuilding of equipment. The company has 1000+ accounts with approximately 350 active in any one year. Sales are generated through referrals and the company’s highly repetitive customer base which includes both domestic and international OEM’S, end users, distributors and consultants. Total staff consists of seven (7) employees including the Owner. Five (5) full time employees are in production with two (2) in administrative and inside sales. Non-union. The company occupies 5900SF of manufacturing and executive office space. The owner wishes to retire and is available for any required transition.
Asking Price Available On Request
Sales Between $1,000,000 and $2,500,000
Profit Between $500,000 and $1,000,000
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