IncFact
Company Profiles: Revenue, Growth, Competition

Iron & Steel Forging Industry

NAICS: 332111

For additional companies see the Forging & Stamping Industry

Contents

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

Company HeadquartersRevenue ($ MM)
WYMAN-GORDON FORGINGSHouston, TX100 
ILLINOIS TOOL WORKSLincolnshire, IL54 
FRANK CALANDRAPittsburgh, PA38 
KIRCHHOFF AUTOMOTIVE TECUMSEH INC. F/K/A LENAWEE STAMPINGTecumseh, MI19 
TEIJIN AUTOMOTIVE TECHNOLOGIESAuburn Hills, MI15 
CHALLENGE MFG. HOLDINGSWalker, MI11 
L&W ENGINEERINGNew Boston, MI10 
VICTAULICEaston, PA9 
SHAPE CORP BIOSOLUTIONSGrand Haven, MI7 
AI-CARESAuburn Hills, MI7 
GROUPER ACQUISITIONValley City, OH7 
MATCOR AUTOMOTIVE MICHIGANTroy, MI5 
MIDWAY PRODUCTS GROUPMonroe, MI4 
MULTIMATIC INDIANAButler, IN4 
NASG TENNESSEE SOUTHPulaski, TN3 
KAPCOGrafton, WI3 
SHERLE WAGNERProvidence, RI3 
THAI SUMMIT AMERICAHowell, MI3 
IRONFORM HOLDINGSLebanon, MO3 


See exact company revenues in this list


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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