Army veteran focused on planned growth moves company into 20,000 square foot building

Army veteran Mike Guidoboni, with an investment that long surpassed $1 million, has big ideas for how a his manufacturing firm can grow.


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  • | 12:30 p.m. July 29, 2021
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Lori Sax. When Mike Guidoboni bought the business in January 2018, it was just a small tool shop. But he purchased it with the intent to grow, and that growth has all been organic.
Lori Sax. When Mike Guidoboni bought the business in January 2018, it was just a small tool shop. But he purchased it with the intent to grow, and that growth has all been organic.
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While many might think Spectrum Custom Molds & Manufacturing Inc.’s recent growth spurt came out of nowhere, the company’s owner says it’s all part of the plan.   

When the owner, Mike Guidoboni bought the Bradenton-based business in January 2018, it was a small tool shop called Spectrum Custom Molds. But he purchased it with the intent to grow — and that growth has all been organic, he mentions. None of his current repeat clients are from before Guidoboni took over. Within just the first year, the company’s revenue grew 165.7%, and he expects to surpass $1 million in sales in 2021. Guidoboni paid $300,000 for the business in January 2018. 

 

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