Process Controller Manufacturer with Diverse Client Base

This listing presents a well-established Process Controller Manufacturer with a diverse client base spanning critical sectors such as water/wastewater, industrial, and institutional markets. Products are utilized in demanding environments including nuclear power plants, universities, hospitals, steel mills, and paper mills. The business model leverages contract manufacturers for production, assembly, and drop-shipping, significantly reducing overhead and facility requirements. With a legacy dating back to the late 1800s/early 1900s, the company has undergone restructuring since its acquisition and re-establishment as an LLC in 2019. The current owner, an industry insider, has revitalized operations, reduced redundancies, and fostered innovation, leading to improved profitability and gross margins. The company operates from a 7,500 sq ft leased industrial/office space with a monthly rent of $4,700 and a lease expiring in May 2024. It competes effectively against larger multinational corporations by offering greater pricing flexibility and customization, complemented by excellent support and application-based solutions. Future growth is anticipated through market share gains, the release of a next-generation controller, and opportunities in automation upgrades across various industries, including oil and gas and renewable energy. The seller recommends focusing on R&D, new product pipelines, and sales & marketing investments. Seller financing is available, and management is willing to stay post-acquisition for a transition period.