Precision Components Company for Sale in Ningbo, China

- Well-established manufacturing company with a very stable and adaptable workforce.

- Facility has a different range of plant and equipment for various products.

- Business has 15 buyers/clients.

- Clients are from the UK, Ireland, South Africa, Australia, Middle East, and 3 clients for an international market base in China.

- Products are sold to a large range of end users.

- In the last few years, we have seen a slight decline in turnover due to the pandemic and other external factors.

Manufacturing products for telecom line installation, vehicle brake and suspension parts, safety at height products, domestic lighting parts and components. Water reticulation and gas purge weldings, materials used are all metals, plastics, and resin plastics.

6 CNC lathes of various sizes.

Standard lathe.

NC pipe bender.

CNC pipe bender.

Milling machines 4.

2KW laser cutter CNC.

Induction heater.

Drill presses.

Table lathes 20+

Mig welding plant.

Tig welding plant.

CNC drop saw.

Angle drop saw.

Other drop saws.

Thread rolling machine.

EDM machine.

Plus other associated tools and equipment.

Two leased buildings with a total of 1,200 sq m, single floor, close to Ningbo City center.

No debt or loans.

Single shareholder.

100% owned by an ex-pat New Zealander.

Business in 2002 was funded with over $1,000,000 of director's money.