This machining company does tight tolerance (as close as 2/10 of a 1000th of an inch) precision grinding on various raw materials including aluminum, steel, stainless steel, plastics, and rubber. They have about 500 customers of which about 50 are active. They have three Blanchard grinding machines, the largest of which is 84 inches in diameter. They also machine other metal parts on CNC machines. All raw materials are owned by their customers who deliver raw materials to the company and pick up the finished product when completed. This aids their cash flow. Most of the company's employees have been with the company for many years.
The company leases a building with about 9,000 square feet of industrial space in an industrial park.
Their customer base consists of printing companies, other machine and fabricating shops, construction companies, and various manufacturers. A buyer who is an aggressive marketer could add to the revenues.
There are many other machine and precision grinding companies. This company's reputation for quality keeps their customers coming back again and again.
The owner desires to retire.
Will train for 4 weeks @ no cost. The company machines parts for other companies. Those parts could be made out of aluminum, steel, stainless steel, plastics or rubber.