#322 - Reg Zeller - CEO @ CaneKast - Rolling Up Foundries & Making Manufacturing in America Great Again

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

(00:00:47) - The world of Foundries

(00:05:56 - Offshoring

(00:07:48) - Ideals specs of a foundry

(00:14:14) - Josh’s impact

(00:19:16) - Reg’s big-picture vision

(00:25:20) - The process of rolling up a new foundry

(00:30:01) - Determining whether to buy part of a foundry or the whole

(00:33:16) - Negative margins

(00:37:03) - Due diligence

(00:38:59) - Pursuing the car deal model

(00:42:28) - The nearshoring movement

(00:51:11) - Training employees

(00:57:02) - Equipment as part of the moat

(01:01:44) - 3D printing

(01:03:22) - 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