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Forty years in the same location. Founder and owner is in his seventies and ready for retirement. Company is a leader in all types of dump bodies, air suspensions and heavy duty parts. They stretch, shorten and/or cap frames. Brake shoes, bearings, seals, heavy duty tools. Distributor with Ox Bodies and Truck Pride. Warranties meet or beat any in the industry. Key employees are in-place and will stay. Some have worked there for 40 years while approximately 25% have over 20 years of service. Customer base includes dealers in every state. Real estate includes thirteen acres, 30,000 square feet under roof with eleven working bays. CPA has been with him for over thirty years. Operating as a regular “C” Corporation, consequently, a stock transaction coupled with a hold harmless agreement would be preferred for tax reasons.
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