ASTRO, a Southeast based complex part CNC and EDM machining business, holding AS9100D and ISO 9001:2015 certifications will make a great addition to strategic buyers; or financial buyers seeking a small platform in the SE. The Company enjoys great margins and specializes at low to mid-volume production (80%+ of sales). The remaining business supports customers with prototypes for what will often become future production parts. ASTRO serves a diverse set of industries including medical, aerospace, semiconductor, robotics, electronics, and more. The Company also excels at manufacturing components from a wide variety of metals including Stainless, Molybdenum, and Tungsten.

In business since the early 80s, ASTRO’s customers also include large companies, universities, and research organizations. Family Office Ownership is absentee. The owners enjoy a strong management team. They worked with them to transition the company from purely prototype to production parts over the last 10 years. They’ve also worked through transitioning the work force from older prototype machinists to younger production machinists. ASTRO employs 20 team members, 14 of which are machinists with an average age in the 40’s.

ASTRO presents a great opportunity for a strategic buyer looking to consolidate its presence or enter a growing market. Finally, the business excels at complex yet highly automated precision machining, where they’ve adopted exceptional palletizing capabilities to drive lights-out machining.