Todd Mendoza
San Diego, CA (USA)
Role(s):
VP/SVP/Dept Head
HatTrick Gear, Inc
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Startup
Location:
San Diego
Industry:
Manufacturing
Year Founded:
1991
Number Employees:
100-250 people
Business Stage:
Growth (profitable)
Entity Type:
"C" Corporation
Description:
I run a division of our parent parent that focuses on licensed apparel, but our parent company is a well respected manufacturer. The economic and political volatility makes Asia very challenging to bring products to market quickly and costs are rising. Our textile factory in Baja Mexico has 180 skilled workers and our time-to-market is 6 weeks vs. 4-6 months overseas. The company has been a player since 1991 in a market that does $2 billion the US alone. The founders are looking for an exit strategy. With factory capacity increased and improved marketing, the right investor(s) has the opportunity to get 5-7 times ROI within 3-5 years. We have a brand, we have a factory in an advantageous location with support of the Mexican government.