Niche Manufacturing Company
Gross Revenue: | $6,900,000 |
EBITDA: | $875,000 |
REVENUE IS ESTIMATED FOR 2024. EBITDA IS ESTIMATED ON A 2024 RECAST BASIS.
Founded in 1959, the Company created the first machine to produce a product that was specifically designed for the mining industry. With that, an entire industry was born. Indeed, the Company’s product line has grown vertically and horizontally and now its products are also used in industrial buildings, water and sewer treatment facilities, semi-conductor manufacturing plants, airports and commercial and residential buildings. The Company’s products are sold internationally as well as nationwide to end users mostly through a network of manufacturer’s representatives. A team of in-house engineers, designers and contract designers work with customer project architects and engineers to custom design and spec the Company’s products for a multitude of applications. The products are installed by specialty trade contractors.
As of February 2024, the business has the largest backlog of orders in the Company’s history, with some orders already stretching into 2025. Recent federal legislation to provide incentives for domestic construction and expansion of the semi-conductor industry, national infrastructure and re-patriating manufacturing in general, is expected to benefit the Company for years to come. This coupled with declining input cost for some of its core materials and processes, the Company is poised for growing profits.