773.243.1603
773.243.1603
download
Listing ID:3N1017

Machining – Industrial

Their specific work focuses on Hot Mill, Cold Mill and Plate Mill repair, medium to large scale. They are also capable of fabricating new parts off of drawings. Their millwrights and machinists are experienced in breaking down a unit, locating and identifying a problem, repairing the part and reassembling the unit. The company has a long history in this region and in this industry. They are very highly regarded and respected.

The facility is approximately 44,000 sf in size. The equipment is a mix of manual and CNC equipment well suited for the type of work performed. They have a number of cranes, the largest being a 40 ton crane that allows them flexibility in the size and scope of work that they can complete. The majority of the work that the company manages comes from the Steel Industry.

Transcation Details

  • Location

    USA, Northwest Indiana, Indiana

  • Results
  • ESTABLISHED IN

    1942

  • Real estate Included

    Yes

  • Full-Time Employees

    33

  • Franchise

    No

  • Industry

    Manufacturing

  • Reason for Selling

    Transition

  • Inventory Included

  • Part-Time Employees

    2

  • Business

    Machining – Industrial

  • Acquirer

  • Annual Revenue

    $6,884,450

  • Annual Cash Flow

    $612,689

  • Seller Financing

  • SBA Financing

  • Listing Price

    $2,210,000

  • Acquisition Highlights

Joseph Farinella