STEEL FABRICATION CO (9111-BS)

The company is a steel fabrication company primarily serving the steel industry in Northwest Indiana. Focus has been on heavy metal fabrication required in providing new, modified, and repaired equipment, which is used in all areas of the steel making processes and includes a complete line of wear products. The Company was founded in 1983 with the current owner as President and General Manager holding a minority position. In 1993, the current owner purchased 100% of the Company stock.







Products & Services:



The company provides diversified products and services to meet the needs of its customers in the steel industries as well as other heavy industries including







Fabrication/Burning – uses oxy-fuel and plasma torches to shape burn steel plates up to 10” thick, with modern CNC burning controls for nesting and cutting.







Fabrication/Forming – uses a 1000 ton press brake, a 400 ton press brake, and a 1 -1/2” x 12’ plate roll to form mild steel, stainless steel, and wear plate to serve its customers.







Equipment Repair and Machining – Equipment repair service includes complete disassembly, cleaning and degreasing of all parts, inspection of parts for excessive wear and damage, and the replacement of all worn parts prior to re-assembly. The Company can also manufacture parts as needed in completing fabrications and assemblies. This includes new parts such as pins, bushings, axles, and machined flanges. Refax can also modify existing parts to suit conditions.







Wear Products – offers a complete line of wear products to the steel industry. These include quench/tempered steel, air hardened steel, induction



Please refer to listing ID: 9111-BS

Industry:  Manufacturing
Industry Segment:  Metals Components Manufacturing
Geography:  United States > Indiana
Asking Price:  $3,000,000
Gross Revenue:  $5,500,000
Gross Revenue Comments:  Four year sales average
Value of Real Estate:  $1,000,000 (Not Included in Asking Price)
Year Established:  1983
Number of Employees:  50 full time - 2 part time
Mgmt. Training/Support:  As needed
Reason For Selling:  Owner would like to retire to pursue other interests
Facilities:  Two buildings totaling 38,000 square feet.
Market Outlook/Competition:  Celebrating its 28th anniversary in 2010, the owner/founder is interested in reducing his work schedule and retiring in the near term. The owner will stay on to assist new ownership for a reasonable transition period. Provided its strong Management Team, Skilled Workforce Extensive Machinery & Equipment and Broad Customer Base this company is an excellent acquisition or merger prospect for US or foreign companies.
Email:  info@companyconnections.net


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