57 Y/O Engineering + Manufacturing Company Supplying Highly Engineered Equipment and Supplies to the Telecom and Utilities Infrastructure Industry
Significant Growth Opportunities, Long-Standing Reputation for Quality
The Company has a 57+ year history as a solutions-driven engineering and manufacturing company serving the Global Telecom and Utilities Infrastructure industries. As a leader in quality and safety, with a strong commitment to the environment, and an entrepreneurial approach to serving their customers, the Company has evolved from supplying a single safety solution to now manufacturing and supplying multiple categories of highly-engineered specialty equipment alongside catalog products for the North American telecommunications and utilities infrastructure industries.
In 2020, the Company generated $15MM in revenue, and $1.2MM in EBITDA, with approximately 66% of revenues coming from sales of highly-engineered vehicles and related equipment. This exciting product family includes customizable trailers and trucks for a variety of support and specialty functions. The Company’s highest growth product within this category represents the most profitable line produced to date, and has significant opportunity to drive near- and long-term growth.
The Company produces all products at its two ISO 9001 facilities, and has been using LEAN manufacturing practices since 2016, In recent years, they have made considerable investments across the organization to drive continuous quality improvement, reduce lead-times, and increase customer value. The Company supports its products and produces replacement parts at its own facilities
Significant opportunities for continued growth exist, including unmet demand, new distribution channels, new product offerings, market expansion and automation capabilities.