This company is one of Utah's oldest and most reputable steel fabricators. They offer complete steel fabrication capabilities for all industrial needs and have produced structural steel and industrial equipment for nearly 35 years. Yearly renewable contracts with large, loyal customers have provided consistent revenues. The Company is currently operating at 25% capacity, with a backlog of 2-3 months. There is potential, with focused sales and marketing efforts, to significantly grow the business.
A new, modern fabrication facility was recently built and provides the Company with an annual production capacity of nearly $6 million. The building is situated on a monolithic slab and is built to withstand a significant earthquake. The structure has four ground-level doors – two 16’ X 14’ and two 14’ X 14’-- situated to allow a semi truck to pull through the facility. The facility also includes two 5-ton cranes that, working in unison, can move ten tons of steel. Mobile cranes are brought in as needed. The asking price includes the real estate & facility, valued at $1,400,000 as well as the business valued at $600,000.
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