Central Expanded Metal, Inc.
How we got $19.9M
Based on its 71 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 41 years (since 1985)
From public records and the company's website, not a statement that it's for sale.
What they do
Central Expanded Metal, LLC. is a manufacturer of expanded metal, offering custom fabrication, engineering and design services. It supplies engineered products to customers across North America from its facility in Chandler, Oklahoma.
From the company's website. Industry: Ornamental and Architectural Metal Work Manufacturing.
Customers & suppliers
Customers
- Federal Prison Industries / Unicor · federal contracts $209K
Estimated value over time
▲ 16% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▼ 3% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 71 | $20.1M |
| 2023 | Form 5500 | 63 | $17.9M |
| 2024 | Form 5500 | 65 | $18.4M |
| 2025 | Form 5500 | 69 | $19.6M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CENTRAL EXPANDED METAL, INC. this business | $32.2M | — |
| J & D FABRICATORS INC. Wellston · 15 employees | $9.3M | 11.4 mi |
| ROSS FABRICATION AND DETAILING INC Meeker · 8 employees | $4.4M | 12.8 mi |
| HERRING STEEL CONSTRUCTION COMPANY Mcloud · 2 employees | $1.4M | 19.7 mi |
| DOUBLE L WELDING & CONSTRUCTION Perkins · 7 employees | $3.0M | 19.8 mi |
| BROWN AND HUBERT CONTRACTING LLC Prague · 5 employees | $1.9M | 20.2 mi |
| CIRCLE K STEEL BUILDING CONSTRUCTION, LLC Paden · 33 employees | $14.7M | 20.2 mi |
The full calculation
| Employees reported to the SBA | 71 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $27.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $29.0M |
| Estimate: the two combined (geometric mean) | $32.2M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $3.4M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $19.9M |
| Multiple for this size and industry | 5.8× |
| Value range | $10.5M – $27.2M |
| Revenue range | $21.2M – $36.7M |
| EBITDA range | $2.3M – $3.9M |
| Industry (NAICS) | Ornamental and Architectural Metal Work Manufacturing (332323) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Established in 1985, Central Expanded Metal, LLC. is an innovative expanded metal manufacturer, supplying engineered products to customers across North America.”
Leadership
- DLDominic LogiodiceSales Contact · Company website · source
Advisors
- BankingBancFirstPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $731K | 71 |
2 locations
| 1213 N INDUSTRIAL RD | Chandler | This listing |
| 707 Richard James Ave | Stroud | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Central Expanded Metal, Inc.
Central Expanded Metal, Inc. is an ornamental and architectural metal work manufacturing company in Chandler, Oklahoma, in business since 1985. Its estimated annual revenue is about $32.2M, with roughly $3.4M of EBITDA. It has about 69 employees. Its estimated business value is $19.9M (likely range $10.5M–$27.2M). It has 2 locations.
Common questions
- Who owns Central Expanded Metal, Inc.?
- The owner of Central Expanded Metal, Inc. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Central Expanded Metal, Inc. make?
- SeeBITDA estimates Central Expanded Metal, Inc.'s annual revenue at about $32.2M (likely between $21.2M and $36.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Central Expanded Metal, Inc. worth?
- About $19.9M, roughly 5.8× its estimated EBITDA of $3.4M, typical for a ornamental and architectural metal work manufacturing company its size. Likely range: $10.5M–$27.2M.
- How many employees does Central Expanded Metal, Inc. have?
- About 69, from its 2025 retirement-plan filing.
- When was Central Expanded Metal, Inc. founded?
- Central Expanded Metal, Inc. has been in business since 1985.