Innovative Heating Solutions Manufacturer in Chicago

ETL-Certified Producer with Strong Market Presence - SBA Prequalified

Established in 2018, this innovative manufacturing company specializes in producing high-quality heating elements, including glass heaters, radiant heaters, and cassette heaters. Situated in Chicago, the business has carved out a niche in the North American market, catering to various industries such as building appliances, railways, and automotive sectors. The company’s state-of-the-art production facility is well-equipped, ensuring efficient operations without the need for subcontractors.

The company's growth story began with increasing demand from U.S. customers, prompting the establishment of a local manufacturing unit to better serve the market. With ETL-certified products and a robust sales network, the business has consistently maintained strong relationships with its customers. Despite this success, the European headquarters' focus has shifted, necessitating the sale of the North American division to ensure continued growth and dedicated market focus.

Revenue streams are primarily driven by the manufacturing and sale of heating elements, supported by a small team of dedicated employees. The business also offers consultancy services to European companies looking to establish operations in the U.S. The strategic location in Chicago, combined with a scalable business model, presents significant opportunities for a new owner to expand the sales network and marketing efforts, potentially leveraging platforms like Amazon for further growth.

The sale includes comprehensive support from the current management to ensure a smooth transition, making this a turnkey opportunity for a buyer looking to enter or expand in the heating appliance industry.