This Company, formally Litex, Inc. of Hillsdale, MI, manufactured aluminum framed windows for commercial and institutional projects. After over 50 years in business, the Company shut down due to supply chain issues with aluminum extrusions. The owner also desired to enter retirement.
The Company is seeking to sell both a 48,155 square foot facility and equipment that can be utilized for both aluminum fabrication and general metal fabrication. The fair market value of the equipment available for purchase is $171,000. It would be highly preferred for the facility and equipment to be sold together.