Well-Established Auto Part Manufacturer Experiencing Double-Digit Revenue Growth BN000036312

A company specializing in the production of automotive wire harnesses for US automobile original equipment manufacturers. The company’s wire harnesses connect various devices to the vehicles big back bone harness (e.g., body, engine and Instrument panel). The company also specializes in providing wire harness products to the OEM dealer network.

Key Aspects

·        Industry expertise and recognition for providing best-in-class wire harnesses and components for the US auto industry

·        Expansive product line with over 1,000 SKUs

·        Direct Tier 1 supplier to automotive OEMs

·        Strategic HQ and production/warehouse locations all located in the heart of the US automobile industry

Opportunities

·        Capitalize on opportunity of outfitting growing electric car segment of the auto industry

·        Reduce labor costs by locating production in new offshore facility

·        Expand into e-commerce with distributors or direct-to-consumer offerings 

Headquartered

·        Midwest United States 

Real Estate

·        The company operates from three facilities spanning over 33,000 sq. ft. One of the three locations is owned by the company's sole owner and the other facilities are leased from unrelated third parties. The company also leases an offshore facility totaling 30,000 sq. ft.