Recent Acquisition Technifab Products was acquired by Crane Company in November 2024 for $40.5 million, indicating a strategic expansion into cryogenic equipment markets and potential increased resources for sales expansion.

Specialized Product Line The company specializes in high-demand cryogenic systems such as vacuum-insulated pipes, valves, and custom Dewars, presenting opportunities to target OEMs and end-user sectors requiring advanced cryogenic solutions.

Growth Potential With an annual revenue estimated between $50 million and $100 million and a focused product portfolio, Technifab offers a solid platform for penetrating niche markets in scientific research, medical, and industrial applications.

Innovation Highlights The launch of products like the Automatic Fill Station (AFS-01) demonstrates ongoing innovation, providing opportunities to upsell related systems and new cryogenic automation solutions to existing clients.

Strategic Location & Workforce Located in Indiana with a skilled workforce of up to 200 employees, the company is positioned for scalable production and regional sales growth, especially appealing to direct end-user sales and OEM partnerships.