Plastic Manufacturer Specializing in HDPE Sheet

The company is a plastic manufacturer, specializing in the production of High-Density Polyethylene (HDPE) sheet, and finished products such as ground protection mats, synthetic ice sheets, and automotive liners.

Key Aspects

• Revenue has grown at a compound annual rate of 14.4% from 2017 through 2019

• From 2017 through 2019, gross profit has grown at a compound annual rate of 51.7%, and margins have averaged 13.6%

• Recently launched its unique product, generating significantly higher margins

• Diverse customer base, located throughout North America

• The company produces both HDPE sheet and finished products

Opportunities

• Finalize the introduction of the company’s unique product and capitalize on the increase in revenue and margins it generates

• Expand the company’s product offerings to include reinforced plastic and capitalize on its projected demand

• Expand the company’s hours of operation to run seven days a week

• Implement strategic marketing and sales strategies to capture a greater market share

• Capitalize on the company’s newly launched e-commerce site for its specialized product

Headquartered

• Southeast US

Current Markets

• The company currently serves manufacturers and distributors, primarily in the automotive, recreational, and industrial services industries throughout North America.

Real Estate

• The company operates from a 30,000 sq. ft. manufacturing facility, owned by the company. The company’s facility is included in the sale; however, the owners are open to long-term lease options.