The company provides preventative maintenance, service and repair, and reselling services of industrial electrical, electronic, and mechanical equipment used in the mining, steel, oil & gas, manufacturing and utility industries.
Key Aspects
· The company has been in business over 40 years
· Highly recognized name with loyal customer base
· Strategically located near coal mining operations
· Niche organization focused on serving industrial customers in the mining, oil & gas, steel, and power generation industries
· Skilled workforce in highly customized field of work/expertise
· Very responsive to industry demands and needs
Opportunities
· Growth potential in existing market and expansion into new markets
· Capture additional wallet share within existing customer base
· Develop and promote the distribution business more
· Update website and create a user-friendly online store
· Expand into industries to less dependent on energy production for additional growth opportunities
· Manufacturers and businesses that need experienced technicians to battle against industrial downtime
Headquartered
· Northeast United States
Current Markets
· Users of electrical, electronic, welding, and mechanical equipment to support operations in the mining, oil & natural gas, steel, and other related industries
Real Estate
· The company operates from a 14,120 square foot facility leased from an unrelated third party. There is room to grow in the current location.
Shareholder Objectives
· The company has one owner. The owner is open various deal structures and willing to stay on for a period of time to ensure a smooth transition.
