Pace Industries

What Pace Industries does

Pace Industries is a privately held, vertically integrated die casting manufacturer founded in 1970, headquartered in Novi, Michigan, and operating 18 manufacturing facilities across the United States and Mexico with approximately 4,000 associates. The company is the largest independent die caster in North America, producing high-pressure die castings in aluminum, magnesium, and zinc alloys on a fleet of more than 250 die casting machines (60 to 3,000 tons) supported by 450+ flexible machining centers and integrated finishing/coating operations. Pace is privately held by Cerberus Capital Management and TCW Group, which acquired the company through a Chapter 11 restructuring completed in June 2020.

The company's product offering spans the full die casting value chain — tool and die fabrication, casting, precision 5-axis machining, in-cycle measurement, automated assembly, and finishing services including powder coating, wet painting, chromating, and polishing — supported by proprietary shot control monitoring, thin-wall casting process software, and simultaneous engineering/DfM services. It serves seven end markets: automotive (OEM, Tier-1, and aftermarket), aerospace & defense (ITAR-registered), appliance, lawn & garden, lighting & electrical, medical, and powersports. Named customers include Acuity Brands, Toyota, Ford, L3 Technologies, JAMCO, and Cree, with documented awards from NADCA, Toyota, Acuity Brands, and the Governor of Pennsylvania.

Pace generates revenue through custom B2B manufacturing contracts priced on a quote basis tied to material, tolerances, finishing, and volume, with multi-year program engagements typical of the automotive and appliance sectors. The business model is enterprise field sales-led, with dedicated account managers, sector-focused teams aligned to the four 2022-vintage market sectors (Home & Lighting; Powersports & Lawn & Garden; Specialty Markets; Automotive), and an early-supplier-involvement approach. In April 2026 the company announced permanent closure of three plants (Harrison AR, Muskegon MI, Jackson TN), materially reducing its North American aluminum die casting capacity under its second CEO in three years.

Name

Pace Industries

Legal name

Pace Industries, LLC

Website

https://paceind.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Pace Industries is the largest independent die caster in North America, operating 18 US and Mexico facilities producing vertically integrated aluminum, magnesium, and zinc high-pressure die castings, precision machining, finishing, and assembly for automotive, aerospace & defense, appliance, lawn & garden, lighting, medical, and powersports customers.

Ownership category

akta.pro rank

Product category

Die Casting Manufacturing

NAICS

Special Die and Tool, Die Set, Jig, and Fixture Manufacturing (333514)

SIC

Metal Forgings & Stampings (3460)

akta.pro primary industry

Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)

Keywords

• Die casting manufacturing
• High pressure die casting
• Aluminum die casting
• Precision machining services
• Metal finishing coating

Headquarters

HQ city

Harrison

HQ country

United States

HQ region

North America

Offices14 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Die Casting Manufacturing Services: Revenue generated from high-pressure die casting manufacturing services for aluminum, magnesium, and zinc alloys. Services include precision machining, assembly, and finishing & coating. Customers include automotive OEM/Tier-1, aerospace & defense, powersports, appliance, lighting, lawn & garden, and medical industries.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Pace Industries manufactures high-pressure die cast parts in aluminum, magnesium, and zinc alloys for B2B customers across automotive, aerospace & defense, appliance, lawn & garden, lighting & electrical, medical, and powersports industries. Operations are vertically integrated to include tooling, precision machining, finishing and coating, and assembly across 18 manufacturing facilities in the US and Mexico.

Product overview

Pace Industries is North America's leading full-service aluminum, zinc, and magnesium die casting manufacturer offering a vertically integrated portfolio of services. The core offerings include Light Metal High Pressure Die Casting (with over 250 machines from 60 to 3,000 tons), Precision Machining & Assembly (450+ machining centers), Finishing & Coating Services (powder coating, painting, chromating), and Tool and Die capabilities. These are supported by Product Development Engineering services including simultaneous engineering and design for manufacturability. The company operates 18 manufacturing facilities across the US and Mexico with approximately 4,000 employees, serving diverse industry verticals including Automotive, Aerospace & Defense, Appliance, Lawn & Garden, Lighting & Electrical, Medical, and Powersports.

Differentiator

Problem solved

Functional benefit

Products and services

• Light Metal High Pressure Die Casting High pressure die casting services for aluminum, magnesium, and zinc alloys, utilizing over 250 die casting machines ranging from 60 to 3,000 tons. Capabilities include thin wall castings, complex castings with inserts, and cosmetic castings for automotive, aerospace & defense, appliance, lawn & garden, lighting & electrical, medical, and powersports customers.
• Precision Machining & Assembly Vertical integration services including over 450 flexible machining centers and lathes with advanced automation. Capabilities include tight tolerance machining (5-axis), in-cycle part measurement, and automated assembly cells with Poka Yoke systems for die casting customers.
• Finishing & Coating Services In-house finishing capabilities including powder coating, wet painting, chromating, polishing, shot blasting, and conversion coating. Features 6-stage wash systems with reverse osmosis water rinse and electrostatic powder coat Gema Systems.
• Tool and Die Integrated tool shops with simultaneous 5-axis machining, in-house flow simulation, thermal analysis, 3-D laser scanning, and FEA capabilities for tool design and fabrication supporting die casting operations.
• Product Development Engineering Engineering services including simultaneous engineering approach, design for manufacturability, tooling design, CAE, process development, and quality assurance. Features metal casting simulations and APQP program management.
• Aluminum Die Casting Aluminum die casting using alloys A360, A369, A365, A380, E380, A383, B383, A384, B390, A413, and MAGSIMAL-59. Machine range from 400 to 3,000 tons. Capabilities support engine, transmission, EV, and other structural components.
• Magnesium Die Casting Magnesium die casting services using AZ91D, AZ91HP, AM60B, and AM50B alloys. Capabilities include thin wall design, EMI/RFI shielding, and vibration dampening. Machine range from 150 to 600 tons.
• Zinc Die Casting Zinc die casting services including miniature zinc (Techmire machines), conventional castings (60-650 tons), and zinc-aluminum alloys (ZA-8, ZA-12, ZA-27). Alloys include Zamak 2, 3, 5, 7.
• Appliance Die Casting Solutions Die casting solutions for appliance industry including electric motor components (brackets, endshields), HVAC components (fan blower motors, compressor motors), and refrigeration components.
• Aerospace & Defense Die Casting ITAR-registered die casting solutions for aerospace and defense including defense communications (displays, housings, enclosures), missile defense, radar electronics, commercial flight systems, and aircraft seating components.
• Automotive Die Casting Automotive die casting for OEM, Tier-1 and aftermarket companies. Capabilities include engine components, transmission parts, drivetrain components, interior/exterior parts, and electric vehicle components.
• Lawn & Garden Die Casting Die casting for small engines, transmissions, mower decks, hand tools, and barbecue grill components. Production capacity of 500k crankcases per year and over 2.5 million transmission cases.
• Lighting & Electrical Die Casting Heat sink casting for LED applications (streetlights, industrial LED), telecommunications systems, and electrical components with thin-walled products and multiple heat sinks.
• Medical Die Casting Die casting for medical equipment including pumps and motors, emergency care and surgical equipment, personal care and dental equipment, and blood/cell technology components.
• Powersports Die Casting Die casting for recreational vehicles including cosmetic components with high-gloss paint and Class-A surface finishes, engine components, and transmission components.

Quantifiable outcome

• Thin-walled aluminum die castings less than 2mm achieved
• +5 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered minor.

• Capital For Business, Inc (CFB)minorStrategic or Co-development Partner · 1 December 2021CFB acquired Patterson Mold and Tool business from Pace in December 2021. Patterson continues as strategic supplier of tooling to Pace Industries. CFB is a middle market private equity firm focused on industrial growth.
• Metal Technologies of Indiana, LLC (MTI)minorStrategic or Co-development Partner · 1 November 2021Pace acquired Jackson Die Cast from MTI in November 2021. MTI is a metal casting and precision machining company headquartered in Auburn, Indiana with plants in US and Mexico.
• Aarkel Tool & Die IncminorStrategic or Co-development Partner · 1 January 2021Aarkel acquired Mangas Tool and Die from Pace in January 2021. Aarkel is a global tool and die manufacturer with full-service capabilities in Canada, Mexico, India, China, Europe and Brazil. Mangas expands Aarkel's US footprint.

Scale indicators11 records

Recent moves10 records

Expansion highlights4 records

Direct peers

• Meridian Lightweight Technologies: Specialist in magnesium die castings for automotive structural and drivetrain applications, plus aluminum capabilities. Directly comparable to Pace's Product Tech magnesium division.
• Nemak: Mexican-headquartered global aluminum die caster focused on powertrain, e-mobility, and structural components for major OEMs. Overlaps with Pace's automotive aluminum die casting across engine, transmission, and EV programs.
• GF Casting Solutions (Georg Fischer): Georg Fischer's casting division produces iron, steel, and light-metal castings for automotive and industrial customers globally. Comparable in scale, vertical integration, and global footprint to Pace's NA operations.
• Shiloh Industries: Lightweighting-focused die casting and metal forming supplier serving automotive OEMs, with overlap in aluminum and magnesium castings. Direct competitor in NA automotive structural and drivetrain cast parts.
• Martinrea International: Canadian Tier-1 automotive supplier with aluminum casting, lightweighting, and machined components. Comparable customer base (Ford, GM, Stellantis) and overlap in die-cast subassemblies.
• Gibbs Die Casting Corp. Kentucky-based aluminum and zinc high-pressure die caster serving automotive, industrial, and consumer markets. Comparable mid-market North American die casting competitor with similar end-market mix.
• Dynacast: Global precision die caster offering aluminum, zinc, and magnesium HPDC across multi-alloy platforms for automotive, industrial, and consumer customers. Closest direct competitor to Pace given shared materials, size, and broad customer base.
• Texas Die Casting: Texas-based full-service aluminum and zinc HPDC supplier with in-house machining and finishing. Comparable capabilities and geographic complement to Pace's North American footprint.

Regional players

• Endurance Technologies: India-headquartered auto component manufacturer with aluminum die casting and machining operations. Operates in similar product category but geographically concentrated in India/Europe rather than competing head-to-head in Pace's core NA territory.

Broad incumbents

• Linamar Corporation: Diversified Canadian Tier-1 auto parts supplier with aluminum die casting, machining, and assembly across powertrain, drivetrain, and structural components. Overlapping capabilities and customers but operating much more broadly than Pace.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutu.be/dRIP-ckkeMU
• Xx.com/diecasting

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pace Industries