Located in the Midwest, the Company designs and fabricates light gauge steel roof trusses, floor trusses, load-bearing wall panels, and related components. These products are sold in packages to non-residential construction contractors for a variety of building types including hotels, apartments, dormitories, retail, assisted living, educational, military, municipal, religious, financial, and other commercial buildings.
The products are prefabricated in the Company’s quality-controlled environment at its facilities to exact dimensions, creating a superior product to what could be created on a job site. The fabricated materials are delivered to the job-site ready for use and can be installed quickly by the general contractor or sub-contractor.
With a strong backlog in place for the remainder of 2023, and the won bids starting to pile up for 2024, management is confident in the Company’s ability to regularly produce between $20-$25M in revenue. As of July 26, 2023 the Company has produced $8,494,689 in revenue year to date and has a backlog of $6,912,595. The Company anticipates it will win an $8M project in the coming weeks and has many outstanding bids that will continue to grow the 2023 backlog.
After operating the Business for over 20 years, ownership is approaching retirement age and would like to gradually transition into retirement. The owners work approximately 50 hours per week, and each is willing to continue in their respective roles and train replacements to adequately take over their positions when they eventually transition into retirement in 5-7 years.