Business Summary:
The Business for sale is in Oregon. The company is a manufacturer of plastic injection molding as well as rubber compression and transfer molding; specialty mold making services are also provided. The company offers prompt turnaround timeframes, utilizing 13 plastic injection molding machines that range in capacity from 15 to 1,500 tons. The company currently operates at 25 to 30 percent capacity and plans to capitalize on this capacity as well as the available assets during the pro forma period.
The company maintains approximately 30 active customers in a variety of industries, including agricultural, medical, general industrial and automotive. The company specializes in short- and medium-run parts, which include parts for industrial machines, sporting goods, tree faller wedges, totes, proprietary lambing products, irrigation accessories, skiing accessories, stereo consoles and miscellaneous proprietary consumer products. The company uses a wide variety of plastic resins, depending on what best suits the product’s performance needs. These plastic resins include high-impact ABS; filled resins (for strength); special resin for thick wall molding; and nylon as well as thermoplastic elastomers.
The company is poised t to achieve $1.15 million in revenue and $101,849 in EBITDA during 2010; based on the company’s projected growth, EBITDA is forecast to exceed $214,006 by 2015.
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