Iron-Vac Trucks | Application Preview
Iron-Vac Trucks is applying for government grants to support job creation and manufacturing development. The business plan focuses on employee development, expanding manufacturing capabilities, and increasing sales.
Iron-Vac has experienced significant growth, with sales rising by 180% since 2020. This growth has enabled the company to create more job opportunities and contribute to the local community. The company is in the process of acquiring new manufacturing facilities, which will further support economic development at the city, county, and state levels as Iron-Vac aims to become a leader in the septic tank truck industry.
In terms of competition, Iron-Vac faces established companies such as Imperial Industries, Flowmark Vacuum Trucks, and Amthor International, which have extensive industry experience. However, Iron-Vac has rapidly expanded from a small warehouse in Searcy, AR, to four manufacturing facilities across two states within just six years. The company plans to move into a new 33,000-square-foot facility to enhance customization options for clients. Their commitment to delivering the best products at competitive prices sets them apart in the industry.
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General Information
Business Registration Number: 821278861
Location: Searcy, AR, United States
Length of Operation: 6-10
Number of Employees: 51-100 Employees
Annual Gross Income: $1M to $10M
Annual Gross Expense: $1M to $10M
Open to Loans: NO
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Funding Usage
More jobs, manufacturing development
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Business Plan
Employee development, manufacturing expansion, and sales development. Since 2020, Iron-Vac's sales have grown 180%. With this growth we have been able to expand employment opportunities and invest in our community. We are purchasing new manufacturing facilities. All these things add to the economic development of not only our city and county, but also our state as we seek to become the industry leader in manufacturing septic tank trucks.
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Self Identified Competition
Imperial Industries in Wisconsin, they have been in the business for 42 years. Flowmark Vacuum Trucks in Kansas City, Kansas, they have been in the business for 10 years. Amthor International in Virginia, they have been in business 95 years. Iron-Vac has grown in six short years from a warehouse in Searcy, AR to four separate manufacturing facilities in two different states. We are currently looking to expand in 33,000 square foot facility that will allow us to customize more for our clients. We pride ourselves on offering the best product in the industry with the best possible price.
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Contact Applicant
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