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

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

FromThe Fort - An Entrepreneurship Podcast


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

FromThe Fort - An Entrepreneurship Podcast

ratings:
Length:
77 minutes
Released:
Nov 28, 2023
Format:
Podcast episode

Description

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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Released:
Nov 28, 2023
Format:
Podcast episode

Titles in the series (100)

The FORT host, Chris Powers, talks with leaders of businesses across real estate and a variety of industries. As the Founder of Fort Capital, Chris brings a unique perspective and style that allows for a meaningful conversation that dives deep into ideas and topics not regularly discussed. Chris covers each guests story and explores in detail the critical moments that led to success, failure, growth, and confidence. Chris also strives to ask questions that provide practical wisdom that all listeners can learn from – not just in business, but in our personal lives. Thank you for listening!!