David Temples
Falkville, AL (USA)
Role(s):
Founder/Owner/Principal
Freedom Axle Inc.
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Startup
Location:
Falkville
Industry:
Manufacturing
Year Founded:
1993
Number Employees:
10-50 people
Description:
Mfg. trailer axles and sell trailer parts to small trailer industry in Southeast US. Company was selling over 22 million until in house CPA embezzeled over 1.2 million during the 2006 calander year. Since then company has not been able to recover and has pressure from bank to move asset based loan and am now looking for partner that can bring money to the table so I can go back to running the business and regrow business to where it should be which is in the 30 million range and making decent money. Company has about 7 million in assets and 6.3 million in debt.