NORDAM Repair Division
How we got $1.2M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
NORDAM is a Tulsa, Oklahoma-headquartered aerospace company that engineers, manufactures, maintains and repairs components for business jets, commercial aircraft, satellites and military customers. The pages describe its nacelle and thrust reverser work as one part of its broader aerospace capabilities.
From the company's website. Industry: Manufacturing.
Customers & suppliers
Customers
- UPS · named on its website
Suppliers & brands
- Dornier · brand it sells or installs
- Lear · brand it sells or installs
- Hawker · brand it sells or installs
- Gulfstream · brand it sells or installs
- Astra SPX · brand it sells or installs
- Piper · brand it sells or installs
- Falcon · brand it sells or installs
- Boeing 727 · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BROTHER & COMPANY · Tulsa, 8 mi · $27.3M
- NICHOLS GROUP PR-ADMINISTRATION, LLC · Tulsa, 8 mi · $18.7M
- HICORP, INC · Tulsa, 5 mi · $16.0M
- DISTRIBUTECH LLC · Tulsa, 6 mi · $15.7M
- LITTLEFIELD, INC · Tulsa, 8 mi · $11.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NORDAM Repair Division this business | $3.0M | — |
| Levare Tulsa | $3.0M | 0.2 mi |
| T-Town Vending & Coffee Tulsa | $3.0M | 0.2 mi |
| Fibertech Tulsa | $3.0M | 0.2 mi |
| Tulsa Distribution Center Tulsa | $3.0M | 0.2 mi |
| RIM Molded Products Tulsa | $3.0M | 0.3 mi |
| Welsco Tulsa | $3.0M | 0.3 mi |
The full calculation
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 | $1.2M |
| Multiple for this size and industry | 3× |
| Value range | $211K – $2.4M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Manufacturing businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.
| Revenue range | $661K – $5.1M |
| EBITDA range | $88K – $673K |
| Industry (NAICS) | Manufacturing (31) |
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: approximate sector default. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
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.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About NORDAM Repair Division
NORDAM Repair Division is a family-owned manufacturing company in Tulsa, Oklahoma, in business since 1997. It is owned by Meredith Siegfried Madden (CEO). Its estimated annual revenue is about $3.0M, with roughly $400K of EBITDA. Its estimated business value is $1.2M (likely range $211K–$2.4M).
Common questions
- Who owns NORDAM Repair Division?
- NORDAM Repair Division is owned by Meredith Siegfried Madden (CEO), according to public sources such as the company's website or filings.
- How much revenue does NORDAM Repair Division make?
- SeeBITDA estimates NORDAM Repair Division's annual revenue at about $3.0M (likely between $661K and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is NORDAM Repair Division worth?
- About $1.2M, roughly 3× its estimated EBITDA of $400K, typical for a manufacturing company its size. Likely range: $211K–$2.4M.
- When was NORDAM Repair Division founded?
- NORDAM Repair Division has been in business since 1997.