Iron & Steel Forging Industry

NAICS: 332111

For additional companies see the Forging & Stamping Industry

Iron & Steel Forging Market Share: Largest Companies in the Iron & Steel Forging Industry

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
COLE MANUFACTURING	West Bend, WI	8
OMNI-LITE INDUSTRIES CALIFORNIA	Cerritos, CA	8
MATTHEWS STEEL	Flower Mound, TX	8
MISSOURI FORGE HOLDING	Doniphan, MO	8
QUALITY STEEL PRODUCTS	Milford, MI	8
AHRBERG MILLING OF CUSHING	Cushing, OK	8
AUSTIN IRON	Austin, TX	8
ULVEN FORGING	Hubbard, OR	8
OHTA PRESS	Xenia, OH	7
ALLEN & COMPANIES	Memphis, TN	7

This is a list of the largest companies active in the Iron & Steel Forging industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Iron & Steel Forging industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Iron & Steel Forging Companies

A list of competitors in the Iron & Steel Forging industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Iron & Steel Forging businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Iron & Steel Forging companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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