What is Falcon Foundry?
Established in 1953, Falcon Foundry is a veteran provider of high-quality copper and bronze castings, catering to critical heavy industries including smelting, iron making, and electric steel making. The company's product portfolio encompasses essential components such as electric arc furnace parts, blast furnace tuyeres, and various industrial panels. With a legacy spanning over six decades, Falcon Foundry is committed to delivering innovative casting solutions and exploring new avenues for non-ferrous metal applications, serving a global clientele from its base in Lowellville, Ohio.
How much funding has Falcon Foundry raised?
Falcon Foundry has raised a total of $2.3M across 2 funding rounds:
Debt
$1M
Debt
$1.3M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.3M led by PPP
What's next for Falcon Foundry?
The recent major strategic investment signals a period of potential expansion and technological advancement for Falcon Foundry. This capital infusion is likely to support the company's ongoing efforts to meet the evolving demands of heavy industries and to further develop its capabilities in non-ferrous casting. Falcon Foundry's strategic focus on innovation, coupled with its deep industry experience, positions it to capitalize on new market opportunities and reinforce its standing as a key supplier in its specialized sector.
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