Ice Industries

Name

Ice Industries

Legal name

Ice Industries, Inc.

Website

https://iceindustries.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Ice Industries is a privately held, US-founded metal forming manufacturer specializing in deep draw stamping, automated roll forming, CNC machining, and certified welding across eight facilities in Ohio, Mississippi, Louisiana, and Mexico, serving HVAC-R, automotive, solar, and industrial OEM customers.

Ownership category

akta.pro rank

Headquarters

HQ city

Sylvania

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Manufacturing Services: Ice Industries generates revenue through manufacturing services including metal stamping, fabrication, machining, welding, assembly, and roll forming. Revenue comes from long-term supply agreements with customers, one-time manufacturing contracts for new program launches, and ongoing production orders. The company operates on a quote-based pricing model for custom manufacturing jobs.
2. Acquisition and Integration Services: The company also grows through acquisitions of metal forming businesses, integrating them into operations and generating value through operational improvements and diversified customer bases.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Ice Industries is a B2B metal forming manufacturer that produces precision stamped, machined, welded, and roll-formed metal components for industrial customers. The company operates eight manufacturing facilities across Ohio, Mississippi, Louisiana, and Mexico, serving OEMs in HVACR, automotive, solar energy, commercial truck, filtration, fire and safety, furniture, and military/government markets with custom-engineered metal components and assemblies.

Product overview

Ice Industries is a diversified manufacturing company offering a comprehensive suite of metal forming and fabrication services. The core product portfolio centers on metal stamping (including deep draw technology), CNC machining, welding (TIG, MIG, resistance), and automated roll forming. These capabilities are complemented by value-added services such as assembly, powder coating, painting, and engineering support. The company operates an acquisitions arm to grow its footprint by acquiring and integrating metal forming businesses. Facilities span Ohio, Mississippi, Louisiana, and Mexico, serving markets including automotive, HVACR, alternative energy/solar, filtration, commercial trucking, fire and safety, furniture, and military/government.

Differentiator

Problem solved

Functional benefit

Products and services

• Metal Stamping
• CNC Machining
• Welding Services
• Roll Forming
• Value Added Services Additional manufacturing services including assembly, liquid painting, powder coating, zinc coating, copper coating, rust prevention, washing, and packaging. Services designed to simplify customer supply chains and improve processes.
• Engineering Services Product and process engineering with CAD design technology, tool room services, tool and die maintenance, process engineering, and custom equipment design and fabrication including conveyors, tables, slides, and quality measurement automation.

Quantifiable outcome

• Produced millions of compressor housings for air conditioning units
• +2 more outcomes

Named customers8 records

Segments10 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and supporting.

• Solar Energy Industries Association (SEIA)coreStrategic or Co-development Partner · 11 May 2023Ice Industries joined SEIA to support the association's goal for solar to achieve greatly increased US electricity generation. This membership reinforces the company's commitment to the alternative/green energy market and aligns with their new Bowling Green facility dedicated to supplying balance of systems components for photovoltaic module installations.
• Louisiana Economic Development (LED)supportingStrategic or Co-development PartnerLouisiana state economic development agency providing assistance including Quality Jobs Program, LED FastStart for recruiting and training, Economic Development Award Program, and Industrial Tax Exemption Program for Ice Industries Louisiana facility.
• Jefferson Davis Parish Economic DevelopmentsupportingStrategic or Co-development PartnerLocal economic development organization in Jefferson Davis Parish, Louisiana that supported Ice Industries facility location and development in Lacassine, Louisiana.
• One AcadianasupportingStrategic or Co-development PartnerRegional economic development organization in Louisiana that collaborated with Ice Industries on the Louisiana facility project.

Scale indicators11 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• BTD Manufacturing: Privately held Midwest contract metal stamper and fabricator of similar size and capability profile. Closely comparable to Ice Industries' scale, regional Midwest footprint, and broad OEM customer mix.
• TWB Company: Welding, blanking, and laser-welded tailored blanks supplier to the automotive industry. Comparable to Ice Industries in welding and stamping combination and Tier 1 automotive customer base.
• Multimatic: Privately held global manufacturer of automotive components, body closures, and engineered mechanisms. Comparable to Ice Industries in privately held structure, vertically integrated stamping-to-assembly model, and Tier 1 automotive customer relationships.
• Martinrea International: Canadian-headquartered Tier 1 metal stamping, assemblies, and fluid management supplier serving automotive and industrial customers. Highly comparable to Ice Industries in customer mix (automotive OEMs/Tier 1s), fabrication-heavy product portfolio, and multi-plant North American footprint.
• Anchor Manufacturing: US custom metal stamping and fabrication company serving HVAC, appliance, and industrial customers. Closely comparable to Ice Industries' deep draw stamping expertise and HVACR/appliance customer overlap.
• Tower International: Former public metal stamping and assemblies supplier to OEMs (now within Magna's Cosma group) historically comparable in product mix and customer overlap with Ice Industries' automotive and commercial truck businesses.
• Shiloh Industries: US-based metal forming and engineered solutions supplier serving automotive, commercial vehicle, and industrial markets — directly comparable mix of stamping, welding, and acoustic/lightweighting components with similar OEM-customer orientation.
• Gestamp: Global Tier 1 automotive metal forming specialist producing body-in-white, chassis, and mechanisms for OEMs. Comparable to Ice Industries in stamping-deep expertise, multi-region manufacturing model, and Tier 1 OEM customer base.
• Worthington Industries: Diversified metal processing and fabricated parts producer (pressure cylinders, automotive, construction products) with public disclosure of capital allocation. Comparable to Ice Industries in pressure vessel expertise and breadth of metal-forming end markets.

Broad incumbents

• Magna International (Cosma / Body & Chassis): Massive mobility Tier 1 whose Cosma division produces stamped and assembled body and chassis products. Comparable technology and end markets, but operates at vastly greater scale and across a complete system portfolio rather than specializing in contract stamping.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/iceindustrieshq
• Facebookfacebook.com/ice-industries-161243350560927

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries6 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 Ice Industries