Blog

Central New York CNC Precision Production Machining – Aerospace & Optics

The following offering is for an ISO 9001-2008 certified, Central New York based CNC Precision Machining Company that offers a single step machining of complex metal components. The Company is setup for production machining as well as prototype capabilities with a specialty of complete machining in one process operation on multi axis CNC mills and CNC mill/turn lathes.

Customers
For over 40 years, the customer base has been long-standing, tier one and tier two and very stable.

The customers are in a variety of industries such as: Aerospace, Automotive, Commercial, Industrial, Medical and Optical.  

Resources
Currently there are 25 employees, ranging in tenure from 12-47 years. With a history of a very stable, well-trained and dedicated employment base, it is a key differentiator.

Materials experience includes standard free machining, hard to machine aerospace alloys and plastics.  All CNC Machines, programming software, inspection equipment and tooling are recent purchases and state-of-the-art for this kind of business. Many machines have the capability to turn and mill finished product in a single setup, with two and three tools in the cut simultaneously.  This fabrication flexibility allows the company to compete successfully in the global marketplace.

Operations
Currently the company operates out of 15,000 sq. ft. and own two adjacent buildings. A separate company owns the real estate and the facilities are leased to the CNC Machining Company.

In 2016, sales were $2.5 million with a gross profit margin of 41%. FY 2017 sales are forecast to increase 5% with a similar gross profit margin, operating at 67% potential capacity.

This company is a viable solution for prospective buyers looking to acquire a successful CNC production machining company to supplement existing operations or to diversify existing capabilities. The current ownership team has over 95 years of experience and would like to exit the business in 1 to 3 years. They are committed to the successful transition of the company to new ownership.

To further explore our company’s unique value proposition, please contact:
Al Mustardo, Vice President

585.721.4770  |   almustardo@pengroupllc.com

0