Market Focus L&B Worldwide specializes in providing custom plastic and metal components along with contract manufacturing services primarily to original equipment manufacturers across the US, positioning them as a key supplier for manufacturing companies seeking reliable outsourcing partners.
Growth Potential With annual revenues estimated between $1 million and $10 million and a relatively small team of 11-50 employees, the company may be seeking expansion opportunities to scale their operations and increase market share within the manufacturing and outsourcing sectors.
Industry Alignment Operating within the outsourcing and offshoring consulting industry, L&B Worldwide can benefit from broader trends toward global supply chain optimization and cost reduction, making them a strategic partner for manufacturers looking to outsource certain production processes.
Technology Use Utilizing a tech stack that includes WordPress, Microsoft 365, and Google services indicates a focus on digital presence and operational efficiency, suggesting potential opportunities to integrate advanced CRM or supply chain management tools for improved customer engagement and management.
Competitive Landscape Positioned alongside large-scale service providers with revenues up to hundreds of millions, L&B Worldwide can leverage its specialized custom manufacturing focus to target niche segments or mid-market OEMs seeking dedicated, responsive manufacturing reps outside the reach of bigger corporations.