Niche Manufacturing Company - Temperature Measuring Products - Ohio

This is a niche manufacturing company established in 1947, specializing in temperature measuring equipment and products. The business boasts well-maintained, custom equipment requiring no immediate capital expenditures from a new owner. It operates from a 20,000 sq ft owned facility, currently utilizing 10,000 sq ft. A significant growth catalyst is the recent acquisition of a product line with prior annual sales exceeding $1.5 million, which has already begun manufacturing. The owner is selling due to a serious medical issue. The company's niche products have no direct US competitors, offering a strong market position. The acquisition of the new product line is expected to dramatically increase sales moving forward. Direct employees are well-trained and efficient.