What is Cast?
Cast Corporation, based in Hibbing, MN, is a seasoned player in the manufacturing industry, boasting over 30 years of operational expertise. The company specializes in a comprehensive suite of services including CNC machining, castings, and tooling/patterns, facilitating the entire product lifecycle from initial concept through to final completion. Cast serves a diverse clientele across sectors such as mining, heavy equipment, recreation, and general industrial markets, delivering critical components like power generation parts and industrial pumps. Leveraging advanced 3D CAD/CAM technology, Cast provides robust pattern and mold manufacturing services, positioning itself as a key partner for businesses requiring high-precision engineered parts.
How much funding has Cast raised?
Cast has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Cast?
With the recent influx of $350K as part of a large-scale, late-stage funding round totaling $350K, Cast is strategically positioned for accelerated growth and enhanced operational capabilities. This substantial backing suggests a focus on scaling production, expanding technological adoption, or potentially entering new market segments. The company's established track record in serving demanding industries like mining and heavy equipment, combined with its advanced manufacturing technologies, indicates a strong foundation for future expansion and continued innovation in the competitive industrial components market.
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