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The global electric motor market is expected to reach $125Billion by 2027 and the industry in Canada is forecast to have an annual compound growth rate of 2.2% over the same period.
An opportunity exists to acquire this well-established Electric Motor Company that has been in operation in the Lower Mainland of BC for a long time and has clients in a variety of industries.
A leader in electric motor and pump rewinding, balancing and vibration analysis as well as distribution of new and used motors and drives.
Conveniently located with excellent access to all major routes.
Trained staff willing to stay.
Large customer base in a variety of industries without any significant customer concentration, this business has fared well during the pandemic and has enjoyed an average 12% year-over-year growth for the past 4 years.
Real Property Included
Central Lower Mainland location, close to major routes.
Industrial space with grease traps and a variety of jibs, dock and ground loading as well as ample room for trucks and parking
Opportunity to add more staff or additional shifts
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