Business Overview:
The company is a leading contract electronics and instrumentation manufacturer, recently specializing in turn-key electronics, electromechanical assembly and manufacturing services for its major oil and gas customers. The broad scope of services provided includes design, manufacturing, installation and the repair and calibration of field equipment. The company has also historically manufactured electronics products and provided services to the mining, power utilities and transportation industry sectors.
The company’s product scope and service offering encompass a wide range of applications including custom design, manufacturing of control systems, and installation of control systems, calibration of quality control systems, as well as parts and component sales. Custom design includes prototype design and assembly, production assembly, system integration, testing and repairs and calibration.
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Property Features and Assets:
The company’s 19,000 square foot manufacturing facility includes two 20,000 psi pressure calibration systems that are NIST compliant, a combustible gas calibration laboratory, as well as high velocity service department washer and compressor systems.
Market Competition and Expansion:
Although the company is located in Western Canada, it has manufactured product for customer applications in the United Sates, the Middle East and the Russian Federation. Its major customers are global players in the energy industry manufacturing sectors. Several of these customers are leaders in innovative technology, offering oilfield instrumentation and data acquisition systems in drilling and completion technology. Management believes there is significant potential to grow North American market share.
Additional Details:
- The property is owned.
- 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.
Resources: