Rev $12.1MM-Value Add Distr. for sale - Los Angeles,California - Business for sale
This company is one of the nation’s leading suppliers and distributors of miniature and sub-miniature lamps and lighting accessories. It offers a wide selection of standard lamps and sockets, available from stock plus a full range of custom and special assembly services.
The company is undergoing a target industry transformation that is actively leading to higher profit margins. It is moving away from the competitive Automotive industry with its lower margins and decreasing volumes, and moving into the more profitable, vastly larger, Medical, Computer and Gaming industries. The percentage of revenues in those new industries is steadily increasing.
Also, year over year, the in-house assembly capabilities have gone from 5 to 10% of revenue and increasing. Product ideas are also pursued by the Engineering team.
Over the years, the company has earned a reputation for quality, reliability and consistently high levels of customer service and support.
The Company’s clientele includes Fortune 100 companies, the Department of Homeland Security, Automotive OEM's, Aviation OEM's, Engineering firms, Architectural firms, Special Effects firms for the Film Industry, NASA, Computer manufacturers, POP manufacturers and Gaming manufacturers.
The Company maintains an experienced design and applications engineering team to aid customers in determining mechanical and electrical specifications which will best satisfy lighting requirements. Sales and engineering staffs at the comp
Los Angeles, California
Date posted: 4/3/2007
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