Form Process Engineering

4.2★★★★☆(5 reviews)

7722 Georgia Rd, Birmingham, AL 35212

Birmingham, Alabama, United States

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About

Form Process Engineering, established in 1995, is a leading supplier of roll forming systems and parts in the United States. Specializing in products such as punches, roller dies, and coils reels, the company's offerings are utilized in the production of commercial and residential metal building components. In addition to providing pre-owned roll formers and decoilers, Form Process Engineering offers a range of capabilities including hole punching, notching, and bending. The company also provides die replacement and preventive maintenance services, and offers financing options through third-party lenders. As an authorized dealer and manufacturer of SteelFrameMaster heavy-duty equipment, Form Process Engineering is dedicated to providing comprehensive solutions for its customers' roll forming needs.

Wheelchair Accessible
Parking
Categories: Engineer.
ISIC Codes: 7110.

Market analysis

Earning below its category median in a growing category (Engineer).

EstimateCategory trend: 2024, +7.0%

Revenue trend (modeled)

~$800.7K2019
~$800.7K2020
~$800.2K2021
~$886.0K2022
~$1.0M2023
~$1.1M2024
Modeled from official industry statistics+6.0%/yr since 201980% confidence band: ±42%

Company profile

Incorporated2000 (AL)
Employees (reported band)8-17
Facility size~500 sq ft
Observed

Property

Lot size0.34 acres
CountyJefferson
Parcel ownerLANSS LLC
ObservedPublic assessor / cadastre record

Federal support (SBA)

EIDL disaster loan (2020)$150.0K
PPP loan (2020)$66.5K · 7 jobs reported · implies ~$319.2K annual payroll · $67.1K forgiven
Second PPP loan (2021)$67.5K · 7 jobs reported · $68.3K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Engineer in Alabama273~$1.6B~$5.9M~$2.1M5.0★0.5×
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure26 chains expanding in this category, led by Hood Architects, Terracon, CDG Engineers (+45 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)52~$52.7M~$1.0M~$540.1K226~$19.8M2.0×
Professional, scientific and technical activities1~$1.1M~$1.1M6

1 km area (all businesses): median from the 37 of 52 businesses with estimates

Estimate

Area conditions (35212)

Population10,136 ±830
Median household income$28,216 ±$6,534
Median home value$183,000
Bachelor's degree or higher0.3%
Unemployment rate0.1%
Source: US Census ACS
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