Metal Casting Foundry Business
This well-established metal casting foundry is located in the suburbs of the Twin Cities and has been under its current ownership since 2010. The company specializes in the manufacturing of high-alloy iron castings and offers a diverse range of molding capabilities, producing castings weighing up to 1,700 pounds. Molding processes include, green sand, no-bake, and stack molding. The company is equipped to handle low to medium-volume production runs, offering a wide range of casting sizes to meet customer needs. With a strong repeat customer base, the business serves clients across the United States, catering to industries such as, but not limited to, mining, road construction, agriculture, and Recycling. The company is known for its outstanding reputation, solid client relationships, and highly skilled workforce. The current owners’ primary responsibilities include quoting, sales, and overseeing daily operations.
Business hours are Monday to Friday from 9am to 5pm.
This is an excellent opportunity for a buyer looking to acquire a well-established, reputable, and profitable metal casting operation with a strong market presence and growth potential.
ASKING PRICE: $11,000,000
REASON FOR SALE: Retirement
GROSS SALES: $10,093,268
CASH FLOW: $2,398,921
FACILITY: 47,000 square foot facility located in a heavy industrial area. The Seller owns the building and prefers to sell the property to a potential buyer. The property is available for sale at $1,000,000.
EMPLOYEES: 33
