Developer of Production Distribution Packaging Material & Handling Systems For Sale

Business description

The Company develops and installs material handling systems designed to transport, identify, sort, segregate and package individual and bundled products for all industrial applications. The company is positioned to effectively serve the ever expanding and challenging needs of the manufacturing, retail, packaging and distribution industry.

Products include conveyors (65% of 2008 sales), as well as individual items and components. Their customer markets include manufacturing (50% of 2008 sales), retail (30%), internet sales (15%), and equipment resellers (5%). The Company has maintained a relationship with its top seven customers between 3 and 19 years.

The company has been analyzing material handling challenges and implementing unique solutions that deliver the best value to their customers since 1983. This diversified professional sales and engineering staff qualifies the company to design and build such material handling systems from simple transportation conveyors to computer controlled and fully automated work-in-process production lines.

• National reach: The Company’s geographic market is diversified in that 50% of sales are derived from Tennessee and 50% of sales come from other states, mainly in the southern region

• Specialization: The growing emphasis on specialized technology has upgraded material handling, allowing smaller companies to create niche markets for certain types of customers. Special requests for individualized equipment are becoming the norm for distributors. This Company has capitalized on developing such niche markets and in doing so has created security in dedicated customer relationships

• Reviewed financial statements: The Company’s financial statements have been reviewed by an accounting firm. These statements are comparable and fairly stated