Manufacturer of engineered ceramics, composites and abrasives.
Business Description
A Southeast US-based company that manufactures a large variety of technical ceramic and engineered abrasives products serving a diverse group of industries world-wide.
Started over 40 years ago as a producer of premium technical ceramic parts for the fiber and textile industry, the Company has applied materials know-how and advanced manufacturing techniques to serve many diverse industries worldwide.
They focus on OEM or replacement components that reduce operating costs and improve productivity. Through a combination of advanced equipment, high quality raw materials and engineering, their components allow customers to make better without added cost.
Founders are looking to transition to retirement as a new owner becomes comfortable with the business.
Started over 40 years ago as a producer of premium technical ceramic parts for the fiber and textile industry, the Company has applied materials know-how and advanced manufacturing techniques to serve many diverse industries worldwide.
They focus on OEM or replacement components that reduce operating costs and improve productivity. Through a combination of advanced equipment, high quality raw materials and engineering, their components allow customers to make better without added cost.
Founders are looking to transition to retirement as a new owner becomes comfortable with the business.
About the Business
- Years in Operation
- 43
- Employees
- 16 Full-time
- Facilities & Assets
- Three pages of equipment. CNC machines, presses, kilns, ovens, punches, mixers, extrusion machines, saws, grinders. Many specialized molds.
- Market Outlook / Competition
- The Company has a cost, quality and delivery advantage in the products it makes. This is enabled by using its core technologies (ceramics, abrasives and composites) in unique ways to solve manufacturing challenges. This is combined with management practices that motivate and rewards the workforce for producing ‘only the best.’
The manufacturing philosophy uses flexible CNC machining over dedicated tooling whenever possible. This allows for quick set-up times and low volume runs at economical costs. This approach reduces finished goods inventory. - Opportunities for Growth
- Opportunities include growth with existing customers, obtaining more customers and enhancing the product mix. Current products have stable revenues and profitability, this could be improved by:
Sales – A dedicated business development effort to identify and secure new customers for existing products.
New Products – New product development using core technologies has historically been very successful in growing the business.
New Technologies – The Company has developed a number of ideas for new products they would be happy to discuss with serious buyers.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 25,000
About the Sale
- Seller Motivation
- Transitioning to retirement.
- Transition Support
- The owner wants to begin the transition to retirement and are open to assisting with the effort to ‘take The Company to the next level.’ Owner looks forward to assisting with the transition over a 1 - 4 month period, followed by being available by telephone or occasional questions.
- Financing Options
- Value of FF&E is estimated, no formal appraisal. Real Estate is available if desired
Listing Info
- ID
- 2475056
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2475056 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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