Frances Brunelle, President of Accelerated Manufacturing Brokers, recently discussed in Manufacturing Tomorrow magazine the dilemma of unfilled manufacturing vacancies. With MFG Day this week, Brunelle noted more than 500,000 manufacturing jobs remain unfilled month over month, year over year. Over the next ten years, manufacturers will lack 2.4 million of the 4.6 million workers needed.
According to Brunelle young baby-boomers are leaving corporate America in favor of buying manufacturing companies. Many buyers are coming out of organizations that they helped grow from a few million to a few hundred million in sales. They are highly skilled in the areas of sales, marketing, and business development.
For most mid-size organizations, a young baby-boomer can take the helm, as well as grow the company beyond the founder’s ability. An additional benefit of having worked for large corporations is the people capital and relationship connections often lacking with the manufacturing founder.
To attract this type of buyer, a manufacturing business owner needs to make sure that the manufacturing side of the business can function without strict oversight. Ensuring that someone other than the owner is customer-facing and can perform quoting (RFQs) and job costing, assuages the concerns of many potential buyers.
Manufacturing Tomorrow is an online trade magazine featuring products, companies, news, articles, and events for the advanced manufacturing, factory automation, and 3D printing industries.
To read more, go to: http://bit.ly/2m3IkbM
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.
Follow on Twitter at @MfgBrokers.
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