Elyria Foundry Company, LLC

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Elyria Foundry Company, LLC - overview

Established

1905

Location

Elyria, OH, US

Primary Industry

Materials

About

Elyria Foundry Company, LLC specializes in manufacturing high-quality castings and solutions for diverse industries, including automotive, agriculture, and construction, ensuring optimal performance and durability of their products. Founded in 1905 in Elyria, Ohio, Elyria Foundry Company, LLC operates under the Hodge Foundry brand, focusing on iron casting production. The company has undergone strategic shifts in its business approach but remains independent. Rob Kukowski serves as the CEO, leading the firm through various industry challenges.


Elyria Foundry, operating under the Hodge Foundry brand, specializes in high-quality castings and manufacturing solutions tailored for a diverse range of industries. The company's core product offerings include custom and standard iron castings that cater to sectors such as automotive, agriculture, and construction. These products are engineered to meet stringent performance and durability standards, addressing the specific needs of clients who require reliable components for heavy machinery and vehicles. Elyria Foundry's castings are designed for optimal functionality, ensuring that they can withstand rigorous operating conditions.


The firm serves a global client base, supplying products to markets in North America, Europe, and Asia, and has established partnerships with leading companies in various industrial sectors. Elyria Foundry generates revenue through a structured business model that focuses on B2B transactions, primarily supplying iron castings to manufacturers and industrial clients. The company engages in direct sales agreements with its clientele, often involving bulk orders that facilitate economies of scale. Transactions typically occur on a project basis, with clients placing orders for specific components that meet their production schedules.


Pricing structures for their flagship products are determined based on factors such as order volume and customization requirements, ensuring competitive rates that reflect the quality and craftsmanship of the castings. Through these strategic partnerships and a commitment to quality, Elyria Foundry has secured a steady revenue stream while maintaining strong relationships with its clients. Elyria Foundry Company is focused on launching new products that will enhance its offerings in the coming year, aiming to address evolving market demands. The firm plans to expand its operations into Europe and Asia by 2025, leveraging recent funding to support these initiatives.


The recent exit of Silverhawk Capital Partners from its stake in Elyria Foundry, with undisclosed financial terms, allows the company to pursue its growth strategy unencumbered.


Current Investors

TRM Equity

Primary Industry

Materials

Sub Industries

Steel & Metals

Website

www.elyriafoundry.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Elyria Foundry Company, LLC - 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)
BuyoutCompletedElyria Foundry Company, LLC-
Private DebtCompletedElyria Foundry Company, LLC-
Add-onCompletedHodge Foundry, Inc.-
BuyoutCompletedElyria Foundry Company, LLC-
Unspecified ExitCompletedElyria Foundry Company, LLC-

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