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
00:00:20 - The World of Foundries
00:05:32 - Offshoring
00:07:23 - Ideals specs of a foundry
00:12:03 - Josh’s impact
00:18:44 - Reg’s big-picture vision
00:24:49 - The process of rolling up a new foundry
00:29:47 - Determining whether to buy part of a foundry or the whole
00:33:02 - Negative margins
00:36:56 - Due diligence
00:38:43 - Pursuing the car deal model
00:42:00 - The onshoring movement
00:51:16 - Training employees
00:56:45 - Equipment as part of the moat
01:02:00 - 3D printing
01:03:39 - The process of closing on a business
Support out Sponsors:
Relay Human Cloud: https://bit.ly/3sjQcaY
Chris on Social Media:
Twitter: https://bit.ly/3BYIjcH
LinkedIn: https://bit.ly/45gIkFd
Watch The Fort on YouTube: https://bit.ly/3oynxNX
Visit our website: https://bit.ly/43SOvys
Leave a review on Apple: https://bit.ly/45crFD0
Leave a review on Spotify: https://bit.ly/3Krl9jO