EEMC/EMRC M & A

Background

They have operations in Billings, MT and Tucson, AZ.

They are a C corporation having 3 shareholders:

70% Ed Wadington - President - Based in Tuscon

15% Sanford Tudor - Instrument Division Manager - Based in Billings

15% Rafiel - Operations Manager - Based in Tuscon

Their Flow CEM sales person, Bob Miles, works as an independant contractor on commision:

The comission is a percent of sales dollars plus $1500 per unit some minimum number. Comission ranges from 10%- 12% but gets up to 14% some years. (we need a copy of this agreement)

The company has 3 business units:

Southern Stack Testing Division

Northern Stack Testing Division

Instrument Division

Personnel

Dean

David -

Dalia -

Ed Wadington - Age 65 in May? 2005

Rafael Guillen - age about 55

Ronda Wadington - Ed's wife works part time on reports. Was with Arizona Public Service in Environmental Department. Her main interest is horses which are kept at the Tucson Office Campus

Business

Repeat Customers

	Last Template Update: April 11, 2005



	EEMC/EMRC M&A Notes