Contract Manufacturer Specializing in Electrical Assembly Services

The company specializes in wire and cable harness assembly as a B2B contract manufacturer and provides full turnkey box building services, including engineering and design.

Key Aspects

• Proprietary manufacturing control system that supports profit margin with low rework and excellent traceability
• Proprietary manufacturing control system helps maintain certifications and reduced overhead expenses
• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 14.0% and 45.35%, respectively, from 2020 through 2023
• Gross profit and adjusted EBITDA margins averaged 25.6% and 10.4%, respectively, from 2020 to 2023
• Specialize in taking on the intricate, complex, and challenging projects competitors tend to avoid
• Excellent reputation and renowned for high quality work

Opportunities

• Capacity to provide expanded range of assembly services to customers, extending contract duration and assembly revenue
• Implement additional product support services to generate repeat revenue from existing customer base
• Proprietary manufacturing control system developed in-house is an ERP technology that can be separated out as an independent business unit to allow the creation of software licensing 
• Manufacturing control system can be implemented in facilities of any size and scaled for growth
• Wide range of production tooling & advanced wire stripping and processing capabilities

Headquartered

• Pacific Northwest, U.S.

Current Markets

• The company primarily serves the commercial, medical, aerospace, military, automotive, and industrial markets domestically.

Real Estate

• The company operates from a 10,000 square-foot facility, which is leased from an unrelated third party.