Buying the Bones
Two clients in the machining business. One is going up for auction soon. The other hopes to sell for $10M. Both are family businesses run by brothers. One runs mostly National Acmes, the other Davenports, Wickmans, and Brown & Sharpes.
One has well-trained operators, the other says they are quitting the business because they can’t get an operator nor setup man.
The one that is auctioning off their machines did mostly military and medical, the successful shop is almost all automotive.