Machine Tooling is a Kansas City, Kansas based company, whose mission is to be successful by effectively utilizing the philosophies of high quality, advanced techniques, and customer service.
Machine Tooling worked hard over the last two years to build its infrastructure, and to provide the systems necessary to manage a large amount of business. We have worked aggressively to construct walls, make electrical advancements, and other leasehold improvements to establish the business. A team of skilled employees has been assembled to assist with many tasks. These people are highly skilled and experienced.
The company has manufactured and designed automated systems and machines that are ready for the market. We have built strong relationships with our customers to complement this. We plan to continue to offer value-added services to customers and integrate the business vertically to support these improvements.
Machine Tooling has a management team with direct knowledge of the industry, extensive research experience, and unique administrative skills. The company’s management team is made up of people with broad backgrounds and experience in manufacturing, finance, and automation. The management staff consists of Mr. Peter Newton, CEO, Mr. John Abbot, president, and Mr. Chris Manuel, vice president of Marketing.
Projected revenues for Year 1 to Year 3 are $1.9 million, $4.1 million, and $5.3 million, respectively. Machine Tooling will continue to grow in a steady manner and attract more customers. It also plans to be in a better negotiating position. To provide the financial strength needed for the company to achieve its goals, Machine Tooling has decided to go public.
The company is currently seeking $500,000 to expand. These include:
- Marketing of new product lines
- Growth into new markets.
- Additional equipment can be purchased
Machine Tooling’s sales potential will improve if the company goes public. It will be possible to reduce the company’s overall debt burden by removing it. Machine Tooling can enjoy a competitive advantage in comparison to other similar-sized firms that are not carrying debt. Machine Tooling is expected to be a stronger competitor in the manufacturing industry market due to its expansion and higher burden rate. Machine Tooling’s financial strength will enable it to create a wider range of customers, which will lead to increased sales revenue. This represents an opportunity for company growth.
1.1 Mission
The company’s mission is to succeed by effectively using the philosophies that emphasize high quality, advanced technologies, and customer service.
1.2 Keys for Success
It is vital that the company provides excellent customer service and prompt delivery. However, the company’s continued success will depend upon securing new customers in the targeted market segments.