What is Mid-West Forge?
Mid-West Forge Corporation, a fourth-generation family-owned business founded in 1925, has established itself as a premier manufacturer of axle shafts. The company's comprehensive capabilities include forging, extruding, machining, and heat treating, having produced over 200 million units to date. Serving critical sectors such as automotive, heavy-duty trucks (class 4-8), pickups, and lift trucks, Mid-West Forge is dedicated to process improvement and meeting stringent customer requirements. Its commitment to innovation and quality positions it as a benchmark in the industrial forging and axle shaft manufacturing industry.
How much funding has Mid-West Forge raised?
Mid-West Forge has raised a total of $5M across 1 funding round:
Debt
$5M
Debt (2020): $5M with participation from PPP
Key Investors in Mid-West Forge
PPP
Public-Private Partnership
What's next for Mid-West Forge?
The recent major strategic investment signals a period of continued growth and potential expansion for Mid-West Forge. This backing is likely to fuel advancements in manufacturing processes, enhance production capacity, and potentially explore new market opportunities within the automotive and heavy vehicle sectors. The company's focus on evolving its operations suggests a strategic approach to maintaining its competitive edge and solidifying its status as a leading axle shaft producer.
See full Mid-West Forge company page