According to Frances Brunelle, President of Accelerated Manufacturing Brokers, selling a manufacturing company requires consideration of several factors, including automation-readiness. Brunelle’s article is featured in AutomationMedia magazine.
Brunelle suggested tax legislation has created favorable conditions for selling manufacturing companies. IndustryWeek reported the Tax Cuts and Jobs Act of 2017 allowed corporations to bring money that had been stuck overseas back into the U.S.
Most manufacturing enterprise buyers need financing to purchase a business; it is important to consider the current interest rates on business loans. Interest rates are low; affordable financing makes buying a manufacturing company more feasible for more buyers.
The condition of a manufacturing business will affect its value. First and foremost, thanks to the rapid technological advancements of Industry 4.0, Industrial Internet of Things (IIoT), and big data (enhancing real-time decision-making and predictive analytics), manufacturing is changing beyond simple production.
A buyer looking to purchase a manufacturing company will consider how much advanced technology is already implemented. Outdated production methods will require a prospective buyer to calculate how much of an investment will be needed to bring the manufacturing facility up to date.
Another consideration for buyers is whether current staff is trained in new technologies – and if not, how much it will cost to bring them up to speed. Clearly, the more investments needed to contemporize a manufacturing plant, the lower the price offered.
AutomationMedia.com is the industry’s leading and popular technology website and useful resources for industrial technology enthusiasts.
About Accelerated Manufacturing Brokers, Inc.:
Accelerated Manufacturing Brokers, Inc., specializes in the sale of manufacturing companies nationwide, with generally $2 – $20 million in revenue, and a minimum of $500K in net income. The firm is exclusively dedicated to helping manufacturers sell their businesses and transition into retirement. The firm’s mission ensures the continuity of U.S. manufacturing by connecting a new generation of entrepreneurial owners. The upfront guidance is offered without a fee; the assessment and how to optimize the manufacturing enterprise for sale is a unique hallmark of the Accelerated Manufacturing Brokers’ value proposition.
Passion about the manufacturing sector is personal; it represents the best and backbone of the U.S. economy. Clients are quintessentially great small American manufacturers. These savvy entrepreneurs are the nation’s renegades and rebels who have worked hard and built great companies. Like the clients served, the Accelerated Manufacturing Brokers’ team is highly entrepreneurial and manufactures their destiny while helping clients realize how to best position their company for prospective buyers.
For those seeking to purchase a manufacturing company, whether an individual leaving corporate America, a private equity, or a strategic buyer, Accelerated Manufacturing Brokers facilitates the needed guidance, due diligence, and offers a professional, no-nonsense approach providing the information needed to make an informed acquisition determination.
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Media Contact
Company Name: Accelerated Manufacturing Brokers, Inc.
Contact Person: Frances A. Brunelle, President
Email: Send Email
Phone: 908-387-1000
Address:75 Frontage Rd
City: Asbury
State: NJ
Country: United States
Website: www.AcceleratedMfgBrokers.com