POWERS

#322 - Reg Zeller - CEO @ CaneKast - Rolling Up Foundries & Making Manufacturing in America Great Again


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Reg is the founder and CEO of CaneKast, a privately-owned company focused on revolutionizing and rolling up small manufacturing in the US, with a current focus on non-ferrous foundries.


We discuss:

- The world of foundries

- Offshoring & onshoring

- How Reg rolls up foundries

- Due diligence

- Training

- The process of closing on a business


Links:

Reg on Twitter - https://twitter.com/RegZeller

CaneKast - https://canekast.com/


Topics:

(00:00:00)- Intro

(00:00:47) - The world of Foundries

(00:05:56 - Offshoring

(00:07:48) - Ideals specs of a foundry

(00:14:14) - Josh’s impact

(00:19:16) - Reg’s big-picture vision

(00:25:20) - The process of rolling up a new foundry

(00:30:01) - Determining whether to buy part of a foundry or the whole

(00:33:16) - Negative margins

(00:37:03) - Due diligence

(00:38:59) - Pursuing the car deal model

(00:42:28) - The nearshoring movement

(00:51:11) - Training employees

(00:57:02) - Equipment as part of the moat

(01:01:44) - 3D printing

(01:03:22) - The process of closing on a business


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POWERSBy Chris Powers

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