Sometimes business brokers come across unusual “bumps in the road” when working with sellers and buyers and need to look for answers in places they never have before.
A listing I am working on now – former Multi Tech location in Prentice, WI – includes 45,000 sf of currently vacant, ready-to-move-into buildings with 10 acres of land. It would be a perfect purchase for a company that wants to start or expand manufacturing operations.
One of the potential buyers, to whom we have shown the property, has a snow equipment manufacturing company in Canada. They are looking for a place where they can begin repairing and warehouse their products in the U.S. However, they have had a difficult time finding the right paths to get the necessary permits to do business in this country.
On October 17th, I attended the 2017 Manufacturing Excellence Awards event in Wausau, Wisconsin, and “bingo!” The keynote speaker was just the resource person I needed. Her program bio was this:
Roxanne Baumann is the Director of Global Engagement with the Wisconsin Manufacturing Extension Partnership and an accomplished global business strategist with more than 25 years of experience in manufacturing. Bauman leads the state’s ExporTech program, which fast-tracks export expansion.
Perfect! After talking with Roxanne for a few minutes and explaining the Canadian company’s situation, she was able to put me in touch with Jeff Carr at the Manufacturing Outreach Center, UW-Stout. Right now, Jeff and I are in “email conversation” and will try to get the correct contact information to the Canadian company, so they might move forward with their manufacturing goals in the U.S.
Looking to buy or sell? Contact me, Gary Van Sistine, at 920-621-3990. And I hope you can take enough time off to enjoy your holidays!