May 24, 2019
The Company specializes in solving complex technical problems for the military, nuclear, industrial and commercial markets. Its best-in-class instrumentation systems are used to measure, detect and control volume, pressure, vibration, temperature flow and time on some of the world’s most precision vessels and machines. The Company is a vertically integrated manufacturer with on-site design, engineering, manufacturing, assembly and testing facilities. In 2018, the Company had 325 active customers. On average, the Company has been doing business with its top 10 customers for 20+ years. Management believes there is substantial opportunity for new applications of existing products in the industrial segment. The company has recently entered into the drilling and fracking industry in addition to new contract discussions with the military. Management expects substantial revenue growth in 2020F.