Marking Specialists Group | Application Preview
Marking Specialists Group (MSG) is seeking government grants to support its technology development focused on eliminating manufacturing emissions related to chrome on plastic finishing. The funding will also aid continued research and development of new products for the Marine and Automotive sectors, alongside expanding management in engineering, design, project management, and sales and marketing initiatives.
The company's business plan emphasizes the importance of bolstering these departments to enhance growth in key markets, including Marine, Automotive Aftermarket, and Point of Purchase. MSG has already secured significant engagement from major customers in these sectors.
Sales projections show a strong growth trajectory, increasing from $2.17 million in 2023 to approximately $15.1 million by 2030. The company anticipates organic growth of $12-15 million in sales over the next five years and is looking to raise $1.5 million in capital to fuel this growth.
MSG distinguishes itself through its innovative technology aimed at replacing environmentally harmful manufacturing methods, setting it apart from competitors like Burlington Graphic Systems, Sharpline Converting, and Boyd Corp. The positive market response to its new technologies has led to a substantial increase in customer orders, supported by the company's strong management expertise in essential fields such as engineering and sales development.
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General Information
Business Registration Number: 5585-885-3
Location: Buffalo Grove, IL, United States
Length of Operation: 11plus
Number of Employees: 26-50 Employees
Annual Gross Income: $1M to $10M
Annual Gross Expense: $1M to $10M
Open to Loans: YES
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Funding Usage
Continued support of technology development including elimination of manufacturing emissions for chrome on plastic finishing processing. Continued research and development of new product offering to the Marine and Automotive industry sectors. Additional Management for the following departments: Engineering Design Project Management Capital Equipment Sales and Marketing initiatives into the new markets.
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Business Plan
Additional Management for the following departments: Engineering Design Project Management Capital Equipment Sales and Marketing initiatives into the new markets. The primary market sectors including Marine, Automotive Aftermarket, and Point of Purchase will contribute to the major growth in sales for which we have already successfully engaged major customer groups within those sectors. Sales Projections 2023-2030 2023: $2,166,000 2024: $4,614,000 2025: $5,988,000 2026: $7,407,000 2027: $8,671,000 2028: $10,284,000 2029: $12,648,000 2030: $15,101,000 Marking Specialists Group (MSG) is a technologically innovative company that is anticipating a growth surge in its core business. MSG is geared and positioned to leverage its technology and industrial management in the consolidation of small to medium-sized manufacturing companies in allied sectors of the product branding industry. MSG is positioned to establish a portfolio of companies in associated markets to potentially reach an annual sales volume of $50M. The organic growth in the core business is estimated to be $12-15m in sales over the next 5 years. MSG is inviting the introduction of capital of $1.5M to facilitate the further growth of the core organization. MSG is a technology-driven company that is focused on differentiating itself in the market by replacing environmentally harmful manufacturing methods used by competitor companies, with methods that are emission-free and efficient, in the field of branding durable and luxury products. Several million dollars have been invested in automated manufacturing systems
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Self Identified Competition
Burlington Graphic Systems, Inc. (www.burlington.com) Sharpline Converting, Inc. (www.sharpline.com) Boyd Corp (www.boydcorp.com) Marking Specialists Group’s new product research and development sets it apart from all of the competition. We have established revolutionary new products and the application of materials that replace processes that are ecologically hazardous. The response of the marketplace to our new technologies has been overwhelming and has resulted in a sharp increase in our customer order backlog. The company has a depth of management expertise including engineering design, industrialization, and sales development.
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Contact Applicant
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