The Company is one of the largest stone fabricators in its region and among the top 10 custom stone fabricators in the country. The Company operates a state-of-the-art stone production facility, a custom cabinetry production facility and several showrooms. There is an annual customer base of about 300 commercial and residential builders. In 2019 the Company has or expects to enter into several new contracts with major home developers that will provide additional revenue sources expected to exceed $3 million.
The Company produces precision components for a variety of end-products including medical equipment and diagnostic devices, filtration and fire suppression systems for aerospace, firearm components, fiber optic tools, and many others. The Company is well-positioned to grow its medical device business even further.
The Company serves regional and global manufacturers across the U.S. with capabilities ranging from prototyping to production, CNC milling, CNC turning, CNC swiss turning, fabrication and assembly. Management has focused on building a first-class business structure to facilitate growth and manufacture superior-quality products. Over the life of the Company, management has continually invested in new machinery and equipment upgrades to meet growing demand, in addition to developing new services and adding capabilities.
One of North America’s premier outdoor patio furniture brands, the Company designs and manufactures a recognized line of outdoor furniture and accessories. Products are sold worldwide through retail outlets and on certain websites. Based on the current growth trajectory and orders already received, management is forecasting sales totaling $31 million for the year ending August 31, 2019. In FY 2020, management expects sales to increase 17% to nearly $37 million as the Company expands capacity, diversifies its business, and begins to fulfill orders from other retailers. EBITDA margin is currently 43% and expected to tick up to 44% in FY 2020.
The Company is a leading niche manufacturer of over 1,000 branded and private-label SKUs such as plastic desk organizers, clipboards, clipboard boxes, staplers, hole punches and paper clips used in offices, schools and homes worldwide with new products being rolled out each year. The Company holds over 100 patents and trademarks. Customers include stationery stores, mass market retailers, office supply wholesalers, online companies and independent dealers.
In 2018, the Company had approximately 130-150 customers. Customers include national and international retailers such as Staples, Office Depot, Walmart and Amazon.com. Stringent quality control, ongoing product design and development, and efficient operations allow the Company to offer outstanding products at highly competitive prices.
The Company manufactures monolayer, high-density polyethylene and polypropylene films, roll stock and semi- finished products. Industries served include food, industrial, automotive, medical, and commercial packaging. The Company also serves as a contract manufacturer performing slitting/rewinding and plastic film production for customers who manufacture a variety of consumer products including food, medical equipment and shopping bags. The Company acquired 10 new customers in 2018, and currently has 211 active accounts – no single customer generates more than 14% of annual sales.
Offering the most advanced access control systems and technology-enabled, self-service kiosks, the Company serves clients in public and private sectors. The Company’s diversified portfolio of high-tech products enable clients to offer high-level security and enhanced convenience to their customers. The Company also provides on-site or remote integration with existing systems, configuration, installation, monitoring, repair and maintenance on all of its products. The Company has 170-190 active accounts at any given time. Resellers account for 45% of sales, while banking and financial services accounts for 43%. Export markets include Spain, England, China, Saudi Arabia, Qatar, Lebanon, Colombia and Mexico.
For 2019, two new products are ramping up for production with a planned launch in the first quarter. Additionally, several other products are in the design and prototype stages.
