#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