The Company operates two divisions specializing in MRO spare parts and designing customized engineered solutions. The importing division manages the logistics and brokerage of MRO spare parts from Japanese, Chinese and South Korean manufacturers. The engineered solutions division utilizes engineered machining services to process best-in-class machined parts. The Company serves customers in the manufacturing industry spanning North and South America.
Key Aspects
· The Company displayed exceptional customer retention and the
ability to build long-term, trusted relationships as 98% of 2024
revenue was generated from repeat customers
· The Company demonstrated strong operational efficiency,
maintaining an average gross profit margin of 24.2% from 2022 to
2024
· Proprietary technology that extends the life of abrasive tools gives
the Company a distinct competitive edge
· The Company has been in business for 24 years, is named UPS's
largest importer in the Southeast Region, and is 100% debt-free
· Financials as of 12/24
REF-BN000049379
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