Strong Aerospace Interest Continues

Andrews Tool Company (ATC), an Arlington, Texas manufacturer of Power Feed machinery used by airframe companies, has been sold by Kasper & Associates (K&A).  Super advisory work was provided by Lud Jones of K&A so that all parties including the ATC Owner (widow of company founder), ATC’s General Manager and the new Owner are quite satisfied with K&A’s efforts.  During K&A’s marketing approach, 27 private investors and strategic buyers signed Non-Disclosure Agreements.  This buyer response is a continuing indication that the market for Texas companies is “off the charts”.

Critical Factors which spurred interest in ATC:

• Consistently strong earnings for past 5 years
• Proprietary products offered at competitive price points
• Long-term reputation for providing superior customer service
• Highly skilled employees remaining after sale

Recommendations by K&A:

• Use of two IRS approaches to avoid most “double taxation” on the Sale of Assets
• Restructure of marketing approach
• Pursuit of gold mine of opportunities in International markets

For further information contact Layne Kasper

817/738-4220, ext. 102;  kasper@kasperassociates.com