Industry Focus Forbes Industries operates within the hospitality sector, providing products designed to enhance safety, efficiency, and aesthetics, making it a prime prospect for hospitality establishments seeking long-term, value-driven solutions.
Innovation Opportunities With a product lineup that emphasizes labor savings and safety features, there is potential to expand sales by promoting these innovative benefits to organizations aiming to improve operational efficiency and worker safety.
Technological Edge Utilizing modern tech tools such as HubSpot Analytics and Cloudflare indicates a data-driven approach and strong online presence, which can be leveraged to target digitally savvy hospitality companies looking for smart equipment solutions.
Size & Growth With a revenue range of 25 to 50 million dollars and a dedicated manufacturing facility, Forbes has the capacity for increased production and market expansion within the hospitality industry where demand for durable, design-focused products continues to grow.
Market Position Compared to similar companies like Ballymore and MityLite, Forbes’s focus on long-term profitability and safety could position it as a preferred supplier for hospitality brands prioritizing value and operational excellence, opening opportunities for customized offerings.