Aarrowcast, Inc.
IOP Fund II
Acquisition Date: | August 2012 |
Status: | Exited |
Headquarters: | Shawano, WI |
Exit Date: | November 2021 |
Acquirer: | Charter Manufacturing Company, Inc. |
Description
Provider of gray, ductile and austempered ductile iron castings that specializes in large, complex castings utilizing sophisticated metallurgy. Aarrowcast features three separate molding lines, including the largest automated green sand flask in North America – the Georg Fischer line, which is also the second largest such flask in the world.
Operating Thesis
Provide leadership to existing management team.
Create fundamental improvement in operating performance:
- Execute on a challenging, multi-step capacity expansion project
- Continue emphasis on quality, engineering and customer service
- Implement manufacturing best practices and improve plant efficiency
- Identify and execute on growth opportunities in existing and new markets