Leading Lab Equipment Manufacturer, Specializing in Acid-resistant Polypro Casework. Serving prestigious research labs nationwide.
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Asking Price
$1,875,000
Detailed Information
Union County,New Jersey, US
Not Provided
NA
Business Description
With over 20 years of experience, this company is a leading manufacturer of lab and cleanroom equipment, known for its acid-resistant Polypro casework and hoods. Serving prestigious research labs at universities, government institutions, and corporations, the company has a strong reputation for quality and innovation. As a proud member of SEFA, they collaborate with industry experts to enhance the awareness of their acid-resistant lab-grade equipment, including their industry-first UL1805 plastic hoods with enhanced safety features. Despite challenges faced during the pandemic, the company remains committed to excellence, streamlining lead times to 12-20 weeks and projecting a return to pre-COVID profitability levels by 2023. With a backlog exceeding $1,500,000 supported by purchase orders, the business is primed for a robust resurgence in the coming year. Their recognizable achievements include winning Lab of the Year in 2010 and being the Lab of the Year Runner-Up in 2021, solidifying their standing as a