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Plastics Manufacturing and Custom Thermoforming Company

Off-Market

Baltimore, MD

Established Plastics Manufacturing Business Specializing In Light And Heavy Gauge Thermoforming, Custom Plastic Packaging, Precision-engineered Components, And Specialized Plastic Fabrication For Commercial And Industrial Applications.

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Revenue

$15,000,000

Earnings (SDE)

$1,500,000

Margin

10.0%

Year Established

1972

Listed

Past 24h

Customers

The business serves commercial and industrial customers across consumer products, cosmetics, medical, pharmaceutical, electronics, aerospace, defense, automotive, and industrial sectors. Customers rely on the business for custom plastic packaging, engineered thermoformed components, precision fabrication, and specialized manufacturing solutions.

Customer Acquisition

Primarily through established customer relationships, repeat business, industry networking, and direct sales efforts. The business has historically relied on long-standing customer relationships while expanding its sales and marketing capabilities.

Team

The business historically employed approximately 56 non-union employees, including manufacturing personnel, engineers, fabrication technicians, and administrative staff.

Owner's Role

The management structure includes leadership responsible for sales, business development, engineering, quality assurance, production, and daily operations.

Reason for Selling

The seller indicates that the business is no longer a strategic priority and is considering a sale due to its revenue performance relative to expectations.

Contracts

The business has historically maintained established customer relationships and used blanket purchase agreements with certain customers.

Real Estate

No

When Are You Looking to Sell

Within the next 3-6 months

Licenses Required

The business-maintains ISO 9001:2015 quality certification

Additional Notes

The seller reports annual revenue of approximately $15 million since 2023 and EBITDA of approximately $1.5 million, with an indicated business valuation of approximately $15 million. The company operates an integrated plastics manufacturing facility with thermoforming, CNC machining, in-house tooling, and specialized fabrication capabilities. The business has an approximately 44,149-square-foot manufacturing facility on 3.23 acres, along with an additional 18,000-square-foot leased warehouse.

Business ID: 2192

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