Accredited Plastic Pipe Testing Laboratory
This testing laboratory is North America's preeminent Center of Knowledge for the plastic pipe and related polymeric and composite products industry.
They are an ISO/IEC 17025:2017 accredited plastic pipe testing laboratory with extensive testing method and product standards within their accredited capabilities, as well as a wide array of related capabilities. From raw materials to finished pipe products, they have the deepest knowledge and advanced instrumentation.
The current staff has over 70-years of combined experience in the industry leading to this firm’s successful, superior customer relationships.
This is an ideal purchase for a current testing laboratory operator looking to grow through acquisition, or for an entrepreneur looking to capitalize on the high demand for the top-tier quality services offered. A proven and successful services provider well positioned to continue delivering strong financial results in the future.
After 30+ years in laboratory management, the owners are conscious that in order for the organization to continue to grow and evolve, they must make space for such growth. They know that additional capital expenditures are necessary to support expanded services and to create room to develop the next generation of management. To achieve those growth goals, a change of ownership was likely the best tool for the business, its employees and the ever-growing customer base.
One Owner (Laboratory Director) would welcome the opportunity to be a part of the new organization, while the second Owner (Admin Manager) would support a transition as necessary then move toward other projects outside the industry.
Transferable leased laboratory (4,555 sq ft) and workshop space (2,160 sq ft)
This operation is North America's preeminent Center of Knowledge for the plastic pipe and related polymeric and composite products industry. PSILab is an ISO/IEC 17025:2017 accredited plastic pipe testing laboratory. While some competitors overlap some areas of testing, none have the same reputation within the industry.
Significant market growth possible with existing services through staff and some equipment expansion. Related or expanded (bur related) service offering would open additional growth opportunities.