As a leader in its specialized market, this proprietary rubber product manufacturer utilizes injection molding, compression molding, and CNC machines with exclusive tooling and custom molds which creates a competitive barrier for the parts it produces. The parts are sold to both OEMs and aftermarket parts distributors for a versatile group of end applications including heavy duty machinery, automotive, and medical equipment.
This proprietary rubber product manufacturer was founded in the 1980’s and was passed down to the current owner when their father retired 15 years ago. In recent years, the current ownership has spent approximately 50% of their time on vacation in Florida and has transitioned a significant portion of their duties to the management team. The day-to-day operations are handled by a team of hard-working, experienced individuals that understand the Business and its products. The average tenure of all employees is approximately 7 years.
The owner is currently responsible for front-end office work, such as payroll, taxes, order input, and production scheduling. The owner desires to exit the Business to fully transition into retirement but is committed to the longevity of the Business and will assist new ownership for a reasonable and customary transition period.
