Solmet Technologies Revenue, Growth & Competitor Profile

DBA SOLMET TECHNOLOGIES INC

Company Profile & Annual Report for Solmet Technologies

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Solmet Technologies Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	10 - 100Exact Company Size
Primary Industry	332111 Iron & Steel Forging
Additional NAICS Codes	332112 Nonferrous Forging
Address	2716 Shepler Church Ave Sw Canton, OH 44706

Note: Revenues for privately held companies are statistical evaluations.


Solmet Technologies's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Solmet Technologies's annual revenues are $10 - $100 million (see exact revenue data)
• What industry is the company in?
  • Solmet Technologies is classified as operating in the Iron & Steel Forging industry, NAICS Code 332111.

Solmet Technologies Annual Revenue and Growth Rate

Solmet Technologies	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$10 - $100 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Solmet Technologies's revenues are gauged from an analysis of company filings.

Solmet Technologies's Income Statement (based on Industry Averages)

Solmet Technologies P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Trademark Applications

Trademark applications show the products and services that Solmet Technologies is developing and marketing. Solmet Technologies doesn't have any recent trademark applications, indicating Solmet Technologies is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
SOLMET Machine shop services, namely, machining parts for others; Forging of metal goods to the order and specification of others; Cutting services, namely, cutting of aluminum, brass, bronze, carbon and alloy, titanium, and stainless steel to specification of others	05/17/2021
SOLMET TECHNOLOGIES heat acceptance testing of steel products	02/14/1992

See all trademarks and details in the Full Report.

Market Share of Solmet Technologies's Largest Competitors

A competitive analysis shows these companies are in the same general field as Solmet Technologies, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
MODERN FORGE COMPANIES	Blue Island, IL	100
TFO TECH CO LIMITED	Jeffersonville, OH	28
SUPERIOR STEEL SALES	Neosho, MO	23
LAKEVIEW FORGE ACQUISITION	Cranberry Township, PA	19
EASTHAM FORGE	Bellaire, TX	12
AS 1902	Chicago, IL	11
MACARO IRON WORKS	Manville, NJ	10
IN & OUT WELDERS	Lincoln, AL	10
LDM	Detroit, MI	9

Nearby Competitors

These companies are similar in business line and location to Solmet Technologies. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
CANTON DROP FORGE	Canton, OH	100
SOLMET TECHNOLOGIES	Canton, OH	50
WALLACE FORGE	Canton, OH	30
INTERIOR GRAPHIC SYSTEMS	North Canton, OH	4

Future Competition: Solmet Technologies's Fastest Growing Competitors

These companies are in the same general field as Solmet Technologies and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)