The Company machines, processes, and distributes tool steel, mold steel, and specialty metals. The Company utilizes a variety of state-of-the-art equipment including cut off saws, plate saws, block saws, milling machines, Blanchard grinders, and computer numerical control (CNC) machines to process various types of metals. In operation for over two decades, the Company has built an outstanding reputation in the industry and is a well-recognized regional brand.
Key Aspects
· Centralized location in the Midwestern United States enables efficient and low-cost logistics
· The Company utilizes over 20 state-of-the-art machines to process and distribute its products
· Excellent gross profit margins averaging 46.5% from 2021 through 2024
· The Company has over $2 million of tool steel inventory on-hand leading to short processing lead times contributing to high levels of customer satisfaction
Opportunities
· Utilize unused capacity in the Company's existing operating facility to accommodate an increase in production
· Expand the Company's operating facility utilizing the 20,000 sq. ft. lot adjacent to the current operating facility owned by an affiliated entity
· Diversify the Company's portfolio of metal types with the additions of aluminum, stainless, and red metals
· Develop a targeted marketing plan to further penetrate the oil & gas industry to capitalize on the America-First Offshore Energy Strategy
Headquartered
· Missouri, United States
Current Markets
· The Company's products are sold to customers in the industrial manufacturing, aerospace, automotive, blow mold tooling, and appliance manufacturing industries across the United States
Real Estate
· The Company operates from a 50,000 sq. ft. facility owned by an affiliated entity
· The facility can be included with the sale of the Company or a long-term lease can be arranged
Shareholder Objectives
· The Company has two equal owners who are seeking retirement and are open to a variety of deal structures
· The owners are willing to remain with the Company for a transition period following the sale
