Consistent growth – Up until the pandemic of 2020, the Company has grown in nearly each of the past 20 years.
Industries served – The Company serves a wide range of industries including automotive, automation, aerospace, defense and food service, resulting in a diverse customer base.
Strong reputation–The Company has strong relationships with its customers, which is one of the ways it maintains its vendor code with a large automotive OEM.
Greater sales emphasis – Current sales levels have dropped since the pandemic. By increasing sales efforts and adding volume to the Company’s existing machinery, there will be a return to profitability.
Additional equipment – The Company currently has a robust equipment capability. Adding additional horizontal mills, laser cutting, or welding and fabrication capabilities to increase services would have a significant increase in sales with the existing customer base
2019 EBITDA: $166,000
2020 EBITDA: – $21,000