Craft Industrial Equipment Revenue

Machinery Manufacturing • South Africa • 1-10 Employees

Craft Industrial Equipment revenue & valuation

Annual revenue	$598,885
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Machinery Manufacturing industry and current estimated revenues	$2,000,000
Total funding	No funding

Key Contact at Craft Industrial Equipment

Gavin Kriek

Sales Director

Company overview

Headquarters	South Africa
Website	craftmachinetools.co.za
NAICS	3327
SIC	508
Keywords	Milling, Band Saws, Iron Workers, Guillotines, Machining), Conventional Lathes, Feeler Cnc Machines (Turing, Haco Sheet Metal Machinery (Press Brakes, Punching Machines), Turret Mills, Vanad Cnc Plasma Cutters
Founded	1971
Employees	1-10

About Craft Industrial Equipment

Craft an importer of new engineering machine tools positions itself both within the ‘Metal Forming and Cutting’ and ‘Metal Removal’ market segments. Craft procures a diverse range of products catering for those looking to purchase sophisticated high tech production units to those needing a more entry level solution. At the higher end of the market Craft is a proud ambassador for Feeler, Haco and Vanad machine tools. Feeler is a the leading Taiwanese manufacturer of CNC machine tools, including Turning Centers, Vertical Machining Centers & Double Column Machining Centers. Haco is a Belgium manufacturer of quality CNC sheet metal machinery including Press Brakes, Guillotines, Rolls, and Iron Workers. Vanad manufacturers out of the Czech Republic and specialize in the latest modern production technologies in CNC Plasma, Oxy-flame and Fiber Laser cutting supported by Hypertherm power sources. On the entry level end of the market Craft imports an array of ‘Craft Branded’ conventional machine tools from Taiwan and China including centre lathes, band saws, turret mills, radial arm drills, surface grinders, press brakes and guillotines. For those clients wanting to make that initial step into the CNC arena Craft offers a reliable entry level CNC turning center and machining center. In completing their offering Craft is directly associated with a sister company Interprovince Engineering Supplies (IES), a supplier of quality machine tool accessories.

Employees by Management Level

Total employees: 1-10

Seniority

Employees

Manager

Director

Entry

Employees by Department

Craft Industrial Equipment has 3 employees across 2 departments.

Departments

Number of employees

Funding Data

Craft Industrial Equipment has never raised funding before.

Frequently asked questions

Craft Industrial Equipment is located in ZA.

Craft Industrial Equipment generates an estimated annual revenue of $598,885. This revenue figure reflects the company's market position and business performance in its industry.

Craft Industrial Equipment has an estimated valuation of $2,000,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

Craft Industrial Equipment was founded in 1971, making it 55 years old. The company has established itself as a significant player in its industry over this time.

Craft Industrial Equipment has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.

Key Contact at Craft Industrial Equipment

Gavin Kriek

Sales Director

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