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. The Company is currently converting its entire product line to compostable resin. 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.

Detailed Information

Facilities: The custom-fitted space, that meets all air quality standards, is 27,000 square feet of manufacturing and office space. The current lease extends through 2026. Rent is $9,400 per month.

Competition: The molded foam industry has three distinct segments. This operation falls under shape molding which produces custom packaging and components.

Most direct competitors use large steam chests, resulting in products with vent marks across the surface.