What Olympic Foundry does

Olympic Foundry is a specialty metal casting foundry founded in Seattle in 1900, operating three production facilities in Seattle, Washington; Portland, Oregon; and Oklahoma City, Oklahoma. The company manufactures heavy-equipment steel castings up to approximately 50,000 pounds, with in-house finish machining and painting, and ships more than 300 tons of finished goods per day. Its product portfolio is split between two go-to-market lines: the OEM industrial casting business, serving heavy equipment, port and marine machinery, rail, and military customers, and the Specified Products Group (SPG), which supplies municipal, construction, and decorative castings.

The underlying production technology centers on specialty steel and alloy casting using heavy foundry equipment, integrated with pattern-making, heat treatment, finish machining, and industrial painting capabilities — a vertically integrated process chain that allows the company to deliver finished, ready-to-install components rather than raw castings. Olympic emphasizes team-oriented culture, second-generation employees, and a diverse workforce across its three plants, and operates under ISO quality management certification across its facilities.

The business model is direct B2B sales with no disclosed channel partners: OEM customers place industrial orders against engineered specifications, while SPG sells specified municipal and decorative products directly to construction and infrastructure buyers. The company is privately held with 101–250 employees, claims a global shipping reach, and references an "expanding pipeline of new products" and a "solid balance sheet" in its current positioning, though it discloses no revenue, headcount growth, or recent M&A activity.

Name

Olympic Foundry

Legal name

Olympic Foundry

Website

https://olympicfoundry.com

Company type

Private

Founded year

1900

Operating status

Operating

Headcount range

101–250 employees

Short description

Olympic Foundry is a 125-year-old privately held specialty steel casting manufacturer operating three U.S. foundries (Seattle, Portland, Oklahoma City) that produces heavy-equipment, port/marine, rail, and military castings, plus municipal and decorative products, shipping 300+ tons of finished goods daily.

Ownership category

akta.pro rank

Product category

Metal Castings and Foundry Manufacturing

NAICS

Foundries (3315), Iron Foundries (331511), Nonferrous Metal Foundries (33152)

SIC

Iron & Steel Foundries (3320), Nonferrous Foundries (Castings) (3360)

akta.pro primary industry

Steel Casting (Continuous Casting, Ingots, Semi-Finished Slabs/Billets/Blooms) (IMAKABAD)

akta.pro secondary industries

Aluminum Casting & Ingot/Billet/Slab Production (IMAKACAE), Industrial Furnaces, Kilns & Thermal Processing Equipment (IMAHAEAE)

Keywords

• Metal casting
• Heavy equipment castings
• Industrial foundry
• Finish machined castings
• Municipal castings

Headquarters

HQ city

Portland

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Casting Manufacturing and Sales: Olympic Foundry generates revenue through the manufacture and sale of metal castings, including production-ready finished goods that are finish machined and painted for industrial applications.

Distribution channels2 records

Marketing channels1 record

Core offering

Olympic Foundry is a specialty metal casting foundry that manufactures heavy equipment castings, finish machines them, finish paints them, and delivers production-ready castings to industrial OEMs. Through its Specified Products Group (SPG) division, it also produces municipal and decorative city/construction castings. The company routinely ships over 300 tons of finished goods per day from facilities in Seattle, Portland, and Oklahoma City.

Product overview

Olympic Foundry operates as a specialty metal casting company offering two distinct product lines: OEM Industrial Castings (finish machined, finish painted, production-ready heavy equipment castings) and the Specified Products Group (SPG) for municipal and decorative construction castings. The company ships over 300 tons of finished goods per day and has been a leader in the foundry industry for over a century.

Differentiator

Problem solved

Functional benefit

Products and services

• OEM - Industrial Castings
• Specified Products Group (SPG)

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Clow Valve Company: Manufacturer of iron and steel castings for waterworks, fire hydrants, and industrial valve products. Comparable municipal/infrastructure casting focus to Olympic's SPG division.
• East Jordan Iron Works: Manufacturer of iron castings for municipal infrastructure (manhole frames, drainage, construction castings) with a long operating history. Directly comparable to Olympic's Specified Products Group municipal castings line.
• Neenah Foundry: Long-established U.S. iron foundry producing municipal castings (manhole covers, grates, drainage) and industrial iron castings. Highly comparable given Olympic's SPG municipal castings business and heavy equipment OEM work.
• MetalTek International: Specialty metal casting company producing high-alloy and complex castings for industrial, defense, and heavy equipment applications. Comparable in offering high-spec, machined, production-ready castings to industrial customers.
• Waupaca Foundry: One of the largest independent iron foundries in North America, producing gray and ductile iron castings for automotive, heavy equipment, and industrial markets. Highly comparable in product, customer base, and business model to Olympic Foundry.
• Grede Holdings: Major producer of iron castings serving heavy truck, construction, agriculture, and industrial markets. Comparable scale and product mix (rough and finished iron castings) make it a direct competitor to Olympic in heavy equipment castings.
• Dotson Iron Castings: U.S. iron foundry producing industrial and heavy equipment castings. Similar mid-sized private foundry competing for OEM heavy equipment casting work.
• Benton Foundry: Family-owned U.S. iron and steel foundry producing heavy industrial castings with finish machining capabilities. Comparable vertically integrated model serving heavy industrial customers.

Broad incumbents

• Charlotte Pipe and Foundry: Large established U.S. foundry producing cast iron pipe, fittings, and related infrastructure products. Comparable long-standing U.S. foundry serving municipal/construction end markets, though larger and more diversified.

Emerging players

• Alloy Casting Industries: Specialty steel and alloy foundry producing high-spec castings for industrial and infrastructure markets. Comparable in capability range though smaller scale than Olympic.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Olympic Foundry