Steel Foundries Industry

NAICS: 331513

For additional companies see the Foundries Industry

Steel Foundries Market Share: Largest Companies in the Steel Foundries Industry

Company	Headquarters	Revenue ($ MM)
MAYNARD STEEL CASTING	Milwaukee, WI	100
AFG ACQUISITION GROUP	Bixby, OK	77
AHMSA INTERNATIONAL	San Antonio, TX	22
SATA USA	Brownsville, TX	11
KENOSHA STEEL CASTINGS	Kenosha, WI	10
IVC WISCONSIN	Osceola, WI	9
FISHER CAST STEEL PRODUCTS	West Jefferson, OH	8
TORCH STEEL PROCESSING	Flat Rock, MI	8
ASTECH	Vasser, MI	7
SWEBCO MFG.	Machesney Park, IL	7
KIRBY METAL	Burton, MI	6
ALPHA FOUNDRY	Wright City, MO	5
BARBERTON STEEL INDUSTRIES	Barberton, OH	5
BRANCHFIELD CASTINGS	Galva, IL	5
IVC SOUTH	Balch Springs, TX	4
PUMPWORKS CASTINGS	Lufkin, TX	4
PERFORMANCE INDUSTRIAL PRODUCTS	Waupaca, WI	4
CALIFORNIA SHEET METAL	Sacramento, CA	4
CAST	Hibbing, MN	4

This is a list of the largest companies active in the Steel Foundries industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Steel Foundries 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 Steel Foundries Companies

A list of competitors in the Steel Foundries 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. Steel Foundries 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 Steel Foundries 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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