Tooling and Metal Stamping Business

Tooling and Metal Stamping Business

$1,450,000

This southern Minnesota ISO 9001:2015 certified company specializes in custom die designs and builds and metal stamping production of a wide array of metal parts. Custom die designs include progressive, compound, and single stage pierce and/or forming dies.  Business also provides long run and short run metal stamping, secondary operations such as milling, drilling, and tapping, mechanical assembly services, in-house design, Wire EDM, CNC Milling, Heat Treating, Surface Grinding and Die Assembly capabilities.

 

The company serves approximately 30 customers spread across the U.S., working in a wide variety of industries including construction, heavy equipment, commercial vehicles, commercial furniture and medical device.  Company has vendor partners specializing in deburring, plating, coating, anodizing, and others to meet customers’ finishing needs. Contract Manufacturing Services also offers low-cost assembly, packaging, and/or inspection services with short lead times.

 

Company is known for being extremely reliable, timely, and can provide design assistance on customers’ new concepts.   Many key customers have been utilizing the company for 25+ years. Customers count on this company’s industry expertise and often consult with this company prior to making new product design decisions.  The Owner is actively involved on a full-time basis in the day-to-day operation of the business including quoting, material ordering, quality control, managing personnel and customer relations.  Owner will stay on during a transition period with Buyer.  30 days training included in offer price with potential option for current owner to work part-time / need-based as a consultant.  In addition to the owner, the Company has a dedicated staff of highly trained and knowledgeable operators.

 

The company does not do any target marketing.  New jobs come primarily from existing customers with new customers entering through the company websites. With a refresh of the websites, paying close attention to the SEO for each site, new customer generation would be likely.  The company has ample equipment capacity to accommodate growth. This business has very favorable customer ratings with customers’ quarterly reports showing products and services delivered with a nearly 100% quality approval rating and a nearly 100% on-time delivery rating.

 

The 11,000 SF machine shop and office space is owned by the Seller and is included in the advertised list price.  Approximate value = $625,000.  Seller strongly prefers to sell real estate and business as a package deal.