Metal Goods Manufacturing Company Inc
How we got $5.3M
Based on its 21 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 9% 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.
What we know
Signs of a sale Some signs of a sale
- In business 87 years (since 1939)
From public records and the company's website, not a statement that it's for sale.
What they do
Metal Goods Manufacturing Company, Inc. (MGM) is a Bartlesville, OK manufacturer of check valves, fittings, tank gauges, laboratory testing equipment, and custom machined and cast metal parts, serving clients in the LPG and tank car industries and other custom project customers.
From the company's website. Industry: Industrial Valve Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- DRUMMOND CATTLE LLC · Tulsa, 42 mi · $129.6M
- BERRY & BERRY ACQUISITION · Tahlequah, 80 mi · $93.3M
- GREEN ACRE SOD FARMS, INC · Bixby, 53 mi · $31.1M
- LAZY J ARENA, LLC · Stillwater, 78 mi · $30.7M
- SANDER'S NURSERY & DISBRIBUTION · Broken Arrow, 58 mi · $18.3M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| METAL GOODS MANUFACTURING COMPANY INC this business | $9.9M | — |
| FIRST THOUGH, INC Bartlesville · 3 employees | $822K | 0.5 mi |
| SUPCO, INC Dewey · 35 employees | $15.3M | 0.6 mi |
| IDAHO MFG LLC Ramona · 1 employees | $486K | 15.2 mi |
| AG-QUIP INC Ramona · 2 employees | $972K | 16.3 mi |
| DAVID W. JONES WELDING, L.L.C. Talala · 8 employees | $2.7M | 20.5 mi |
| SAB FAB AND WELDING Oologah · 1 employees | $391K | 25.0 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.0M |
| Estimate: the two combined (geometric mean) | $9.9M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.1M |
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 | $5.3M |
| Multiple for this size and industry | 4.7× |
| Value range | $2.8M – $7.3M |
| Revenue range | $6.5M – $11.3M |
| EBITDA range | $747K – $1.3M |
| Industry (NAICS) | Industrial Valve Manufacturing (332911) |
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
History & advisors
“MGM was incorporated in 1939 and has been located in Bartlesville since its beginning.”
Advisors
- BankingSimmons Bank, The Citizens State Bank of OurayPPP / 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
| Simmons Bank PPP 2020 | All 789 borrowers → |
| The Citizens State Bank of Ouray PPP 2021 | All 4 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $267K | 21 |
| 2/12/2021 | second | $257K | 14 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Metal Goods Manufacturing Company Inc
Metal Goods Manufacturing Company Inc is an industrial valve manufacturing company in Bartlesville, Oklahoma, in business since 1939. It is owned by Buz McAbery (President). Its estimated annual revenue is about $9.9M, with roughly $1.1M of EBITDA. It has about 21 employees. Its estimated business value is $5.3M (likely range $2.8M–$7.3M).
Common questions
- Who owns Metal Goods Manufacturing Company Inc?
- Metal Goods Manufacturing Company Inc is owned by Buz McAbery (President), according to public sources such as the company's website or filings.
- How much revenue does Metal Goods Manufacturing Company Inc make?
- SeeBITDA estimates Metal Goods Manufacturing Company Inc's annual revenue at about $9.9M (likely between $6.5M and $11.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Metal Goods Manufacturing Company Inc worth?
- About $5.3M, roughly 4.7× its estimated EBITDA of $1.1M, typical for a industrial valve manufacturing company its size. Likely range: $2.8M–$7.3M.
- How many employees does Metal Goods Manufacturing Company Inc have?
- About 21, as reported on its PPP loan.
- When was Metal Goods Manufacturing Company Inc founded?
- Metal Goods Manufacturing Company Inc has been in business since 1939.