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Manufacturer of drilling & mining industries in Texas

TBD

Description

Established company is a well-regarded specialty chemical manufacturing company dedicated to the development and marketing of its products for the drilling and mining industries. Success in the business is driven by its niche in custom blends of specialty oilfield chemicals and lubricants for specific customer requests or applications. Products include proprietary clay control and clay suppressant blends, lubricants, and scale inhibitors as well as other additives and solvents.

The Company sells both domestically and internationally :

Low Employee Turnover—Since inception, management has cultivated a strong internal corporate culture, hiring and developing employees who are excited by the opportunity to be part of a specialist team, with an understanding of large industry-recognized customers. As such, the Company’s employee retention has been 90%+ since 2013.

Proprietary Products—The Company has developed several in-house proprietary blends and processes that have a track record of success in the market. Originally, the Company developed to meet specific customer requirements and these products can be used or modified to suit other customer applications.

ISO-Compliant—The Company recently installed an ISO-90001 2015 quality management system, with an outside auditor custom-developed program. The Company will soon have many developed modules for all facets of its processes, quality control, HR, and other operations, adding further qualifications for working with major industry firms in Canada and the United States.

Detail

Updated on October 21, 2020 at 10:20 am

Property ID:L#2020647
Property Type:Manufacturing
Property Status:For Sale
Asking Price: TBD
Gross Revenue:$8M
EBITDA:$2.8M
Country:United States
State: United States
City: Texas

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