Custom Manufacturer of Cold Formed & Cold Headed Parts

Lake County, IL
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Asking Price:$2,699,000
Inventory:$650,000
FF&E:$1,500,000
Established Year:1953
Gross Revenue:$2,500,000
EBITDA:$400,000
Real Estate:$600,000
BUSINESS DESCRIPTION

* SINCE 1953....Single Die and Multi-Station Cold Forming, Threading, Grooving, Pointing, Knurling, Roll Forming, Drilling, Tapping, Cross Drilling, Slotting, and Shaving.

* PRODUCTS INCLUDE: Shoulder Rivets, Solid Rivets, Tubular Rivets, Bolts, Screws, Washers, Spheres, Balls, Threaded Fasteners, Discs, Electrical Contacts, Pins and Studs.

* PRODUCTS AVAILABLE IN: Steel, Stainless Steel, Brass, Copper, Bronze, Silver, Nickel Silver, Nickel & brazing materials.

* USED in APPLICATIONS SUCH AS: Automotive, Appliances, Mechanical & Electronic Switches, Cutlery, Medical and Fire Safety Equipment, Bed Frames, Electronics, Small Mechanical Assemblies, Plastic Moldings, Toys, Transformer Cores & Transformers.

* INDUSTRIES SERVED: Automotive (2nd Tier), Electronics, Appliance, Medical & Fire Safety.

* SAME FAMILY OWNED with experience in cold forming DATING BACK OVER 70 YEARS!

* ENJOY a STABLE FUTURE in DOMESTIC MFG. Reduced costs, improved balance sheets and more effective product innovations ... all by avoiding a risky unsure future in China/Taiwan sourcing.


DETAILED INFORMATION
Location
Lake County, IL
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
17,300
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Reason for Selling
Retiring after all these decades!
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James
J Montesantos
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James J Montesantos