This company designs and fabricates products for an impressive list of commercial, industrial, and medical clients. They have consistently invested in state-of-the-art production equipment creating a highly effective workflow throughout their 35,000+ square foot manufacturing facility (which the owners also own).
They did the right thing for their customers during the pandemic in the face of supply chain / pricing challenges that hit them harder and earlier than other industries. Prior to the pandemic average Adjusted EBITDA between 2017 and 2019 was approx. $2M. 2020 and 2021 were profitable, but EBITDA was below $1M. 2022 is projected to return to $1M+.