This company has an excellent reputation in the industry and has recently achieved Tier 1 status with some customers. Revenue is expected to continue to increase as a result. About half the sales is progressive tooling and die work with the balance being mostly metal stamping related on smaller tonage presses. The largest press is 400 tons. The staff is highly skilled and been employed long term.
Seller is pretty firm on price of $2.5 Million for the business and will consider selling or leasing the real estate. A stock purchase is preferred but may entertain an asset sale. Seller prefers to sell to a corporate buyer in need of another facility and presence in the southeast. For more information, contact the listing broker Bill Law at 704-644-1141.