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This family-run legacy manufacturing Company began by developing a proprietary thin wall molding technique known as “DRY molding.” Since its first “smooth-surface” product, operations have used the technique for numerous other storage, protection, and shipping products. Today, the Company is known and respected for its production of precision-molded foam products and custom-designed molds.Customer applications include precision floats, insulators, structural parts, wafers, fiber coil management, and more. Sixty years of servicing this macro environment and providing these specialty items have created a reputation in the industry for innovation and quality.The many molds are included with the sale. Some are for exterior boxes which will enable ongoing opportunities for a Buyer thanks to the ability to make thousands more custom projects for minimal cost.While others in the industry (more commodity-oriented products) sell for 2-3 material costs, this operation easily sells at 10 x material costs.Its efficient, compliant facility and group of dedicated employees make this a turn-key opportunity to keep a legacy operation going.The Seller has a 15-point transition plan to ensure the success of a transaction.NDA is required to receive a comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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