Business Overview:
Profitable company founded in 1988. The primary nature of the business is to provide plastic injection manufacturing services to its original equipment (OEM) consumer products customers. The plastic component industry in the US is highly fragmented, and consists of hundreds of niches. The niches are determined by material type, manufacturing process and end-use. In the US, approximately 18,000 companies produce plastic and rubber products, with combined annual revenue over $300 billion. Plastics products, which accounts for most of the plastics processing industry, in combination with rubber products, amount to the third-largest industry in the US. Since 1996, the plastics industry in the Southwest and Western states has been gaining over that of the Midwest and Southeast. California is one of the top 10 states in the US for plastics industry manufacturing. Diverse, long-term OEM customer base. Major customers include Fortune 1000 consumer brands.
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Reason for Selling:
Owner Retiring.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.