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Fabricated Metal Products Company Investment Opportunity in Corpus Christi, USA

13‐year fabrication firm seeks equity funding to clear debt, expand, and capture Gulf Coast growth.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 18.5 million
Run Rate Sales USD 3 million
EBITDA Margin 10 - 20 %
Industries Fabricated Metal Products
Locations  Corpus Christi
Local Time 10:49 PM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 10 million for 40.0% stake (Native Currency: USD 10,000,000)
Reason: We are seeking USD 10–30M to overcome cash constraints that limit growth and contract capacity. Curr... View More
Includes physical assets worth USD 2.9 million
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Company Profile
Business Overview
- Established 13-year-old fabrication firm located in Corpus Christi, specializing in fabricated metal products and services for the oil, gas, and chemical industries.
- Offers diverse services including fabrication (40%), construction and turnarounds (30%), welding, scaffolding, and painting (20%), along with inspections (10%), catering to major Gulf Coast players.
- Clients include industry giants like Formosa Plastics, Venture Global, and TechnipFMC, demonstrating a solid client base and repeat business model with Fortune 500 companies.
- Generate revenue primarily through project-based contracts, accounting for 90% of income from fabrication and construction, with consistent high margins of 20-30%.
- Achieved USD 18.5M in cash revenue last year, with an additional accrual revenue of USD 12.5M, showcasing strong financial performance and growth potential.
- The company has a current bid pipeline valued at USD 50M, comprised of 10 contracts ranging from USD 5M to USD 15M each, indicating strong demand for our services.
- Led by an experienced management team, promoter 1 (CEO) and promoter 2 (COO), both with extensive backgrounds in welding and inspections, which enhances operational execution and project delivery.
- Capable of scaling workforce from 30 to over 150 skilled craft workers with additional funding, poised to capture more market opportunities and expand project capacity.
Products & Services Overview
Our services: fabrication (40%), construction/turnarounds (30%), welding/scaffolding/painting (20%), inspections (10%). We serve Gulf Coast majors like Formosa Plastics and Venture Global, deploying 650 craft workers in the last financial year. Projects include custom prover skids for TechnipFMC and refinery turnarounds, outperforming USD 950M+ competitors on execution.
Clients choose us for reliable, high‑margin (20–30%) downtime solutions in oil, gas, and chemicals, with repeat Fortune 500 contracts.
Assets Overview
Tangible assets:
- 250‑acre hunting ranch for client entertainment (valued USD 500K–750K, lien held);
- Leased 15,000 sq. ft. shop/office set up.
Intangible assets: Established client relationships (Formosa Plastics, Venture Global, and TechnipFMC), strong Gulf Coast brand reputation; CWI expertise (promoters combined 25–26 years of experience), and active USD 50M bid pipeline.
Facilities Overview
Currently operating from a leased 15,000 sq. ft. single‑floor fabrication shop and office in Corpus Christi, TX (USD 8,000/month, 3‑year renewable lease). All equipment (cranes, welders, and scaffolding) is rented to maintain flexibility and avoid ownership costs. With funding, we plan to lease or acquire a larger 30,000 sq. ft. facility to expand capacity and execute USD 50M+ contracts.
Capitalization Overview
Self‑funded via factoring (USD 3M line at 1.5%/30 days + 0.5%/15 days after) and project cash flow, with no bank lines. Current debt totals USD 4.7M (USD 1.5M factoring, USD 1.8M SBA COVID loan, USD 0.5M IRS payroll taxes, USD 0.4M vendors, and USD 1M private loan secured by lien on a 250‑acre client‑entertainment ranch).
Ownership is split equally between two shareholders. We are seeking USD 10–30M equity (30–40% stake) to clear debt and scale operations.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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