#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

Om Podcasten

The Fort is an entrepreneurship podcast. Here, we uncover the proven strategies, insights, and inspiring stories of today’s greatest leaders in the worlds of business, real estate, entrepreneurship, and investing. Each episode’s mission is to help you to level up your entrepreneurial game by hearing directly from the men and women in the arena. Chris is able to uniquely uncover things not commonly discussed because he is an entrepreneur himself. We not only cover business, but we also cover the personal side of entrepreneurship. The Fort began in 2018 as a way for Chris to publicly explore the fascinating world of entrepreneurship. Since he was a child, he’s been characterized as obsessively curious about the world around him.  The Fort has now been downloaded over 2M times, across more than 50,000 unique listeners. Each week features conversations with entrepreneurs, Founders, CEOs, and Executives from some of the leading companies in America. Past guests have represented companies such as JLL, Hillwood, S2 Capital, Chick Fil A, Morning Brew, Founders Podcast, Tiny Capital, Permanent Equity, Fort Capital, Matthews REIS, Bonobos, and ConvertKit. 🐦 Follow Chris on Twitter: www.twitter.com/FortWorthChris 💡 Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/ 📹 Subscribe to The FORT on YouTube: https://www.youtube.com/@FORTpod