ETA·BRAINa Katyella project

Acquiring Minds

A $6.5m Business Worth Flying To

Excerpts · 370 segments · ~1:05:45 long

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Those are the cranes that fit through a standard doorway. These are mostly used in maintenance, repair and overhaul operations working on small planes and engines. They can also go on a freight elevator for a glass installation on high rise buildings. Those are the four pro products.

So this little mobile crane that can fit through small space or spaces smaller than most, most cranes can fit through?

Okay. And. But the fact that you mentioned those first two products, the lifts for the plane manufacturing and the satellite manufacturing are those two lines of business. The majority of the business, revenue wise.

Yeah, that's the majority of the business that makes like 50% is like explosion proof. And then the 25% might be clean room. The rest of the products are the rest of the 25%. Both of them.

We work with other lifts but when it comes to explosion proof, you need to factory mutual to certify a particular model. Once a model is certified, we can sell any number of those. On the boom lifts we work with jlg, which is a US based company, Oshkosh.

On the scissor lift side, we work with Skyjack which is a Canadian company.

Company. Okay. And so does that. Is that sort of a concentration risk of any kind?

It might be, but given how widely available parts are on, somebody from United Rentals can come and work on this lift because such a commonly known model. That's why we tend to go that direction.

These are sort of the, the industry standard lifts used across in, in these environments. People know these are the kind of platform, almost plat platforms in and of themselves. These lists, these lift products.

Interesting. Can you tell us about the business from a numbers perspective? What, how big a business is this? Employees, et cetera, please.

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