This is a value-added metal treating and finishing company located in Michigan. The Company applies chemical coatings, including multiple types of phosphate, black oxide, shot blast, brite dip, pickle, tumbling/vibratory deburr, and passivation to metal parts and components. A vast network of industries are serviced through this work, including ~50% automotive, with the remaining ~50% composed of highly attractive industries, including heavy truck/equipment, infrastructure, aerospace, appliance, tooling, recreational, and other industries.
With a seven-person management team in place, the Company’s ownership holds limited involvement in day-to-day tasks and is freed up to spend their time on high-level strategy and acting as a resource for the management team. The Company’s diversified supply base insulates it from supply chain concerns. It also possesses growth opportunities, including investment in automation and capturing broader market growth.
Ownership is flexible regarding the details of a transition and is willing to provide reasonable and customary transition assistance following the completion of a transaction. The Company operates out of an approximately 40,000-square-foot facility holding an appraised value of $860,000. Ownership prefers to sell the facility to a new owner.
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