Manufacturer of Adhesive Dispensing Equip. for Const. & Manufacturing
Business Description
The Corporation is a leading manufacturer of resin dispensing equipment and accessories for the construction industry. Regardless of the jobsite or manufacturing environment, our dispensers supply adhesive resin on ratio, all of the time. The reason for this success: the equipment was designed by contractors with first hand experience using dispensing equipment in the field. Because of this experience we have the ability and regularly do train our customers in how to use our equipment in the field on their own jobs and with their own crews and materials. Our competition does not.
The Corporation manufactures six different adhesive dispensing systems for a variety of applications. These applications include the injection of low and gel viscosity resins into narrow cracks in concrete, masonry and wood, anchoring of dowel bars for pavement construction and repair, seismic upgrading of structures, grouting of machinery bases and post tensioning strands, bonding of structural plates and carbon fiber fabrics to concrete and wood, bonding of pavement markers, and the application of bonding agents and overlays to bridge, parking garage, airport and bicycle path pavements.
Our equipment has been recently discovered for other uses. Our equipment is now being used in the construction of oil pipelines. Where our equipment is being used to apply resin to steel pipes with male/female connections just prior to being fitted together. The resin acts as a lubricant during construction and subsequently as a sealant. Our equipment is now also being used as an adhesive for the prefabrication of refractory brick in the steel industry. Instead of laying brick by hand on-site in individual caldrons, liners of refractory brick can be pre-constructed off-site and drawn upon from inventory as needed.
The Corporation has a solid base of existing clients and applications. And potentially dwarfing its base is the potential for sales in new markets.
The Corporation manufactures six different adhesive dispensing systems for a variety of applications. These applications include the injection of low and gel viscosity resins into narrow cracks in concrete, masonry and wood, anchoring of dowel bars for pavement construction and repair, seismic upgrading of structures, grouting of machinery bases and post tensioning strands, bonding of structural plates and carbon fiber fabrics to concrete and wood, bonding of pavement markers, and the application of bonding agents and overlays to bridge, parking garage, airport and bicycle path pavements.
Our equipment has been recently discovered for other uses. Our equipment is now being used in the construction of oil pipelines. Where our equipment is being used to apply resin to steel pipes with male/female connections just prior to being fitted together. The resin acts as a lubricant during construction and subsequently as a sealant. Our equipment is now also being used as an adhesive for the prefabrication of refractory brick in the steel industry. Instead of laying brick by hand on-site in individual caldrons, liners of refractory brick can be pre-constructed off-site and drawn upon from inventory as needed.
The Corporation has a solid base of existing clients and applications. And potentially dwarfing its base is the potential for sales in new markets.
About the Business
- Years in Operation
- 44
- Employees
- 6 Full-time
- Currently Relocatable
- Yes
- Facilities & Assets
- -Real Property: commercial/industrial zoning; lot size 24,394 sf; bldg. 9,129 sf; two roadway accesses; two parking lots, one paved. Finished office and reception area.
-Equipment: 200 Ton Electric Servo Injection Mold Machine Model JSW J200 EL II; well stocked mechanic's shop, including drill press, welder etc.; warehouse shelving and office equipment. - Market Outlook / Competition
- Our products are recognized world-wide as the best in the industry. Adhesive manufacturers recommend our equipment for the application of their products. Several competitors sell cheaper equipment of lesser quality (purchased primarily by smaller/less experienced contractors in our opinion).
- Opportunities for Growth
- We are a small family business, with little expertise in sales and marketing. We have historically relied almost entirely upon repeat business and our reputation to drive sales. Our equipment has recently been discovered for use in multiple industrial applications. A new owner with basic marketing and sales abilities would be well positioned to exploit these new markets and expand in traditional areas as well.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 9,129
About the Sale
- Seller Motivation
- The family member managing the business wishes to retire.
- Transition Support
- Owner is willing to remain as a compensated full or part-time employee for up to 18 months. After this period the Owner would consider additional consulting on a case by case basis.
- Financing Options
- Buyer can purchase business and real property together or purchase business only.
Listing Info
- ID
- 2481921
- Listing Views
Listing ID: 2481921 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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