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Plastic Molding Injection Firm – $5.0MM Revenue

This dynamic 30 year company has developed a market niche for small & miniature unique plastic molding injection parts. The company has long term relationships with customers. The business is widely spread among the customer base. The company prides itself on high quality and close tolerance parts. The business differentiates itself by competing with volumes or delivery dates that will exclude foreign competition. Key employees are Plant Manager, Tool/Mold Shop Manager, Sales Manager, Product Designer, Quality Control Manager and Finance Manager. All have a long term tenure with company.
The company has a 39,000 sq. feet modern facility in an industrial area leased from Shareholder. It owns its own equipment and designs, builds molds, produces plastic injection parts and performs secondary operations (i.e. drilling, inserting, assembling and painting). Staff of 50-55 non-union employees include tool/mold makers, machine operators, maintenance mechanic, production workers and office personnel. Operational systems are in place to support continued growth, including production, perpetual inventory control and finance/accounting systems. Monthly financial statements are generated. There are no known litigation, legal, environmental or tax issues. This unique business has received numerous quality accolades by its customers.
The company operates business five days a week on three shifts. Production capacity is estimated around $8 million due to equipment capacity. Company has turned down opportunities to produce medical parts within a clean room environment. Currently, the company uses portable clean room equipment, but most medical manufacturers want fixed clean room environments. Contact Bill Horton, 949-753-2825, whorton@CrossRoadsBusiness.com.

Industry:  Manufacturing
Industry Segment:  Plastics Components Manufacturing
Geography:  United States > California > Southern CA
Gross Revenue:  $5,000,000
Cash Flow:  $500,000
Year Established:  1975
Email:  whorton@crossroadsbusiness.com
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