China plans to boost its imports of US energy sources, including liquefied natural gas, crude oil, refined products and coal, including metallurgical coal by $18.5 billion in 2020 and $33.9 billion in 2021. This is part of the interim trade deal where China has agreed to purchase $200 billion worth of US goods and services over the next two years. Although there is much still to work out, the pledge is a positive sign and good news for gear manufacturers who serve the energy industry.
Frances Brunelle, President of Accelerated Manufacturing Brokers, recently discussed the possible effects of the China trade deal on the gear manufacturing & power transmission M&A market. A Phase 1 trade agreement signed between the United States and China on January 15, 2020, included Beijing’s pledge to buy more metallurgical coal in the next two years from the US.
According to Brunelle, since phase one of the China Trade Deal was announced, there has been a sharp increase in inquiry from private equity firms regarding gear manufacturing and power transmission component manufacturing companies that are or will be coming to market during 2020-2021. Inquiries rose 450% percent in the two weeks following the announcement of phase one of the China trade deal,
Accelerated Manufacturing Brokers Inc. has announced the exclusive listing of a Mid-Atlantic based power transmission component manufacturer serving as a Tier I and Tier II to a variety of industries. The company boasts gross margins in excess of 50% and 33% net margins. The company has made a sizable investment to upgrade its equipment and at only 30% capacity, they have plenty of room to grow.
About Accelerated Manufacturing Brokers, Inc.:
Accelerated Manufacturing Brokers, Inc., specializes in the sale of manufacturing companies nationwide, with generally $2 – $20 million in revenue, and a minimum of $500K in net income. The firm is exclusively dedicated to helping manufacturers sell their businesses and transition into retirement. The firm’s mission ensures the continuity of U.S. manufacturing by connecting a new generation of entrepreneurial owners. The upfront guidance is offered without a fee; the assessment and how to optimize the manufacturing enterprise for sale is a unique hallmark of the Accelerated Manufacturing Brokers’ value proposition.
Passion about the manufacturing sector is personal; it represents the best and backbone of the U.S. economy. Clients are quintessentially great small American manufacturers. These savvy entrepreneurs are the nation’s renegades and rebels who have worked hard and built great companies. Like the clients served, the Accelerated Manufacturing Brokers’ team is highly entrepreneurial and manufactures their destiny while helping clients realize how to best position their company for prospective buyers.
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Media Contact
Company Name: Accelerated Manufacturing Brokers, Inc.
Contact Person: Frances A. Brunelle, President
Email: Send Email
Phone: 908-387-1000
Address:75 Frontage Rd
City: Asbury
State: NJ
Country: United States
Website: www.AcceleratedMfgBrokers.com