Injection Molding Company with Growth Potential

Founded in 1999, this company is an injection molding company that serves customers in the automotive, medical, and outdoor products space. The company operates 30 molding machines out of a 140,000 square foot facility in Southwest Ohio. It is capable of serving clients from the prototyping to production stages, with extensive experience in designing, engineering, and manufacturing complex injection molded parts across multiple industries.

Some of the company’s specialties include custom Polyvinyl Chloride (PVC) molding, two shot overmolding, and assembly and packaging services. The company can produce runs of as little as 250 pieces up to 25 million pieces per year, and it currently ships over four million pieces per month. The company also offers inventory services to its customers.

The company enjoys long-standing relationships with many of its customers and sees a high degree of repeat business. It uses lean manufacturing processes to maximize efficiency and experiences low employee turnover. The company has invested considerable capital into proprietary machinery, and the experienced staff allows for greater customization than its competitors can match.

About half of this company's revenue is derived from sales to the automotive industry (down from 85% several years ago), with another 25% or so for medical products and the remainder for outdoor and miscellaneous items.

Notably, the company does not currently utilize an outside sales force, providing an opportunity for a buyer to implement a sales effort that could result in greater revenue or higher margin work. The current owner is ready to retire and has not invested in a facility expansion that could meet growing customer demand from existing and new relationships.