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BUSINESS HIGHLIGHTS The Company specializes as a machine shop that manufacturers precision machined parts for the Government, Energy, Oil and Gas, Aerospace and Medical Sectors amongst others. In operation for over 39 years, the Company has developed a broad set of capabilities and has completed work on a variety of projects. The Company has strong relationships with key customers in a variety of markets. Services include CNC Turning, CNC Milling, Prototyping, Precision EDM, Live Tooling, and Gun Drilling. Management indicates that the Company’s fair-market value of fixed assets is approximately $3,428,500, consisting of machinery, equipment, and vehicles. INVESTMENT APPEAL Fully Certified - The Company’s is ISO 9001 and AS 9100D certified, showcasing the Company’s documented policies and procedures, and standard of quality. Backlog of Signed Contracts - The Company possesses a backlog of approximately $900,000 on orders due to be delivered and invoiced in early in 2022. Furthermore, the company has a current bid on $400,000 of government work that is expected to be awarded for 2022. Given its project-based contracts, the Company maintains a healthy backlog, demonstrating significant demand for the Company’s services and facilitating revenue opportunities from one year to the next Established Blue-Chip Clients - The Company represents several well-established and reputable companies within the energy and industrial sectors. Due to its relationship with preeminent customers in the marketplace, the Company benefits from significant brand awareness in the industry and possesses a confident ability to collect receivables. Location: South Houston, Texas
Listed: Apr 18, 2022
Updated: 8 hours ago
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