Precision Injection Molding Company For Sale!

Business Overview:

The Company, established in 1973, is a family-owned company located in New Jersey. The Company is a product development and fabrication facility for custom precision injection molded products. Its ability to design and engineer solutions allows the Company to deliver precision injection molded products/components on time, to quality specifications and within budget. The Company specializes in short run injection molding and close tolerance and UL certified injection molding as well as medical injection molding. The Company also provides complete tool and mold making capabilities.

In 1977 the current owner started working for the Company as a molding machine operator. The current owner was promoted through the many departments broadening his skills and talents as the hands-on manager. In 1995, the Company was sold and the current owner was promoted to Production Manager. In 2006, the current owner negotiated the purchase of the Company. The current owner is available to help coordinate the transition period after the sale.

The Company is operating at 50% capacity, primarily the result of Covid and the loss of one of its shift supervisors. Even though the second shift has been discontinued, the Company has been able to handle production with its first shift.

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Property Features and Assets:

11,000 square feet. Full Time employees 9 / 1 part time Established for 50 years

Market Competition and Expansion:

1. Only operating at 50%. Plenty of room for expansion.

Additional Details:

Documents:

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