Cascade Engineering, Inc.

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Cascade Engineering, Inc. - overview

Established

1973

Location

Grand Rapids, MI, US

Primary Industry

Materials

About

Cascade Engineering, Inc. specializes in large tonnage plastic injection molding, providing tailored solutions for automotive, industrial, and consumer goods sectors. Their focus is on delivering high-capacity products that serve diverse client needs across several industries. Founded in 1973 in Grand Rapids, US, Cascade Engineering, Inc.


is known for its expertise in plastic injection molding. The company has remained operational under the leadership of Fred Keller, who has a history of founding and managing successful ventures. In November 2022, the company was acquired by Walbro Co. , Ltd.


, a move aimed at enhancing Walbro's plastic molding technology. This acquisition allows for greater product line development and deeper vertical integration. The company operates primarily in North America and select parts of Europe and has engaged in a total of 1 deal to date. Cascade Engineering specializes in large tonnage plastic injection molding, offering a comprehensive range of solutions catering to various industries.


Their core products include high-capacity moldings ranging from 500 to 9000 tons, tailored for sectors such as automotive, industrial, and consumer goods. These products are engineered for durability and lightweight applications, including automotive body parts and industrial containers. Serving a diverse client base, Cascade Engineering delivers reliable and efficient molding solutions across key geographical markets in North America and Europe. Cascade Engineering generates revenue through direct business-to-business transactions, focusing on customized molding solutions across various industrial sectors.


Their business model is based on contract manufacturing agreements, ensuring long-term partnerships for a consistent supply of molded components. Transactions are governed by negotiated contracts detailing volume requirements, delivery timelines, and project specifications, with pricing structures reflecting the complexity and scale of the projects, particularly in the automotive and industrial sectors. Following its acquisition by Walbro Co. , Ltd.


in November 2022, Cascade Engineering plans to enhance its plastic molding technology to expand its product lines and promote synergies with existing and new clients. The strategy includes launching new products designed to meet evolving market demands, as well as targeting expansion into additional markets across North America and Europe. The rationale behind the acquisition emphasizes the aim of deepening vertical integration and maximizing operational efficiencies. The funding from this acquisition will support these initiatives, enabling Cascade Engineering to increase its market footprint and product offerings.


Current Investors

Walbro LLC

Primary Industry

Materials

Sub Industries

Rubber & Plastics

Website

www.cascadeng.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Cascade Engineering, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedCascade Engineering, Inc.-

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Cascade Engineering, Inc. - employee data

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