Product Diversification Melfast offers a comprehensive range of fasteners, including bolts, nuts, and screws in various materials such as steel, stainless steel, brass, bronze, aluminum, and exotic metals, catering to diverse industrial needs.
OEM Relationships With experience servicing the OEM community since 1985, Melfast has established long-term relationships that could be expanded into new sectors or specialized customization offerings.
Strategic Partnerships Melfast's partnership with Precise Biometrics indicates potential for growth into high-tech markets such as biometric hardware, offering opportunities to supply specialized fasteners for electronic devices.
Niche Market Focus Given their capability to produce prototypes and small production runs, Melfast can target niche markets and startups needing short-term or custom fastener solutions, creating a specialized sales channel.
Revenue Growth Potential With estimated revenues between 10 million and 25 million USD and a focused product portfolio, there is potential to expand sales by targeting companies in manufacturing, electronics, and industrial sectors seeking reliable fastener suppliers.