Industry Leadership LPS Laboratories is a well-established leader in the industrial MRO chemicals market with a global presence, serving industries such as aerospace, military, and telecommunications, indicating strong opportunities for targeted expansion and distribution partnerships.

Strong Parent Support As a division of Illinois Tool Works, a diversified $15 billion company, LPS benefits from extensive resources and brand credibility, facilitating access to larger corporate clients and new market segments.

Innovative Product Line With a history of launching innovative and specialized maintenance chemicals since 1961, there is potential to upsell or cross-sell new product solutions to existing clients seeking advanced MRO chemical options.

Regional Focus Headquartered near Atlanta and with international distribution in over 45 countries, LPS has ample scope to develop regional marketing strategies and build relationships in emerging markets for industrial chemicals.

Revenue Growth Potential With annual revenues estimated between $25 million and $50 million, there are opportunities for sales growth by expanding into new industries or increasing penetration within existing customer bases through tailored solutions.