Duer Carolina Coil, Inc.
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Duer Carolina Coil, Inc. - overview
Established
1896
Location
Greer, SC, US
Primary Industry
Industrial Machinery
About
Duer Carolina Coil, Inc. is a U. S. -based manufacturer specializing in custom coil springs, providing tailored solutions for industrial applications across various sectors.
Founded in 1896 and headquartered in Greer, South Carolina, Duer Carolina Coil, Inc. manufactures custom coil springs. The company was acquired by MW Industries, Inc. , a subsidiary of American Securities, in March 2021, enhancing its technological capabilities and market reach.
Duer Carolina Coil, Inc. produces custom coil springs, including hot wound springs with diameters from 0. 50” to 3. 125” and cold wound springs from 0.
250” to 0. 750”. Their offerings also feature variable pitch springs, compression springs, and high tensile strength pigtail springs, catering to industries such as automotive and aerospace, serving clients in over 20 countries. Duer Carolina Coil, Inc.
operates on a B2B model, focusing on direct sales of custom spring solutions. Their product lead times range from 2 to 6 weeks, with pricing structured to meet specific client requirements. Their products, including hot and cold wound springs, are used in critical applications like those in the NASCAR Cup Series through the Hyperco brand, supported by ISO 9001 certified processes. Following its acquisition in March 2021, Duer Carolina Coil, Inc.
is positioned to utilize the acquired resources of MW Industries, Inc. to expand its technological capabilities and geographic footprint. The company plans to develop new product offerings and enhance its market presence.
Current Investors
MW Industries, Inc.
Primary Industry
Industrial Machinery
Sub Industries
Automobiles, Other Vehicles & Parts, Industrial Machinery, Steel & Metals
Website
www.dccoil.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Duer Carolina Coil, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Duer Carolina Coil, Inc. | - |
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