Vatorx2
Eaton Rapids Castings
Location: 503 Marilin St, Eaton Rapids, Michigan, United States United States
Founded in: 2010
Stage: Post-launch
Number of employees: 1-5
Funding history:
- Date: 07/2010, Government grant: $12 M (post valuation: undisclosed amount).
Short URL: vator.co/eaton-rapids-castings-llc
Followers (1)
Awards and mentions
12337_1049
One of 20 companies competitively chosen by Astia, a leading global women's start-up advisory and funding organization. Included in award is Silicon Valley week-long bootcamp and 3-months of advisory services from Astia's independent seasoned entrepreneurial advisors from all industries and regions.
Bmh2019-300

Eaton Rapids Castings

New high-tech foundry in Eaton Rapids, MI preparing to produce ultra heavy iron and steel castings for industrial OEMs in North America.
Startup/business
Eaton Rapids, Michigan, United States United States
http://www.ercastings.com
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Company description

Eaton Rapids Castings is the first major foundry to be established in the US in more than 40 years. ERC offers newly licensed Scandinavian casting technology producing superior quality with competitive pricing for domestic production of ultra heavy iron and steel castings. ERC has prototyped and produced sample and short production runs for major global OEMs with the support of the Dept. of Energy,State of Michigan, and Oak Ridge National Lab.


Team
  • Blaire Miller
    Blaire Miller | Team member
    Experienced entrepreneur with global funding, customer acquisition and operational start-up success focused on innovative, game-changing scalable advanced manufacturing solutions in the Midwestern US.
Business model

Revenue is derived from sales of castings, both prototype and production series. Rapid prototyping includes engineering, material and design support revenue. ERC will quote components inclusive of machining and coating performed by sophisticated machining operations and coating/painting suppliers in the Midwest. Targeted customers are: Caterpillar, GE for industrial castings and Vestas, GE, SKF, Siemens for wind turbine components.

Competitive advantage

ERC's innovative casting process has been independently tested and evaluated by Oak Ridge National Laboratory and OEMs such as GE, Siemens, SKF, Vestas and Caterpillar. Domestic sourcing of heavy castings at a competitive price has been a long-term challenge for top US industrial OEMs. Today, most production series heavy castings are sourced from overseas. With increased weight and engineering requirements, imported products are over-engineered and costly to import as they do not often fit in a container. ERC can produce these parts competitively with superior quality as compared to imported castings.