The Eraser Company

What The Eraser Company does

The Eraser Company, Inc. is a privately held US manufacturer founded in 1911 and headquartered in Syracuse, New York, specializing in industrial wire, cable, and tubing processing equipment. The company's product portfolio spans more than 200 SKUs covering cutting, stripping, twisting, heat shrinking, measuring, and dereeling operations across wire gauges from 6 AWG to 36 AWG and tubing up to 1-1/8 inch OD. Core technology platforms include the FybRglass fiberglass-wheel thermal stripper (developed in the 1940s for magnet and enamel wire), the DSP2 chemical stripping pot with feedback temperature control, the CS800 programmable benchtop cut-and-strip machine, the WC601 series of automated rotary-blade tubing cutters (with medical and aerospace variants achieving ±0.005 inch repeatability), and the M700 modular configurable processing system. The company serves manufacturers in electrical equipment, transformer and coil winding, medical device tubing, aerospace wire harness, electronics, and general industrial production.

The Eraser Company operates a dual go-to-market combining direct sales from its Syracuse factory with a global authorized distributor network. North American reach is anchored by McMaster-Carr as a major catalog distributor; East Asia distribution is handled by named partners in China (Double Bridge Technologies, ATS/Beijing Antais), Hong Kong (Easilymachine), Japan (Koeishoji), and South Korea (Korics Trading). Revenue is generated through hardware sales of processing equipment, recurring revenue from replacement parts and consumables (blades, bushings, belts, Dip Strip chemicals), and service revenue from the Eraser Certification Program (E.C.P.) for material testing, tune-up and repair services, and preventive maintenance. Pricing is not publicly disclosed and customers engage directly with the company's sales engineers for quotes. The company is ISO 9001:2015 certified (since February 1996), all products are manufactured in the USA, and it holds membership in The Transformer Association (TTA), Wire Harness Manufacturer's Association (WHMA), U.S. Chamber of Commerce, and NFIB. The company has 101-250 employees and has remained privately held and independent since incorporation in 1935, with no disclosed parent, venture capital, or external funding events.

Name

The Eraser Company

Legal name

The Eraser Company, Inc.

Website

https://eraser.com

Company type

Private

Founded year

1911

Operating status

Operating

Headcount range

101–250 employees

Short description

The Eraser Company is a privately held Syracuse, NY-based manufacturer founded in 1911 that produces more than 200 industrial machines for cutting, stripping, twisting, and processing wire, cable, and tubing, serving electrical, transformer, medical device, aerospace, and industrial manufacturing customers worldwide through direct sales and an East Asia distributor network.

Ownership category

akta.pro rank

Headquarters

HQ city

Syracuse

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Wire/Cable/Tube Processing Equipment Sales: Sale of automated and semi-automatic equipment for cutting, stripping, twisting, and processing wire, cable, and tubing materials. Products available in bench-mounted or portable configurations.
2. Replacement Parts and Consumables: Sale of replacement parts including blades, bushings, belts, fuses, and consumables like Dip Strip chemicals for the DSP stripping pots.
3. Service and Maintenance: Tune-up and repair services, preventive maintenance programs, and the Eraser Certification Program (E.C.P.) for material testing and product recommendation.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

The Eraser Company manufactures and sells a catalog of more than 200 industrial machines for processing wire, cable, and flexible tubing — including bench-mounted and portable cutters, rotary and chemical strippers, twisters, infrared heat-shrink equipment, measuring tools, and supporting dereelers/reelers. The company operates its own Syracuse, NY manufacturing facility and sells direct to OEM and industrial customers as well as through a global distributor network, complemented by a material-testing service called the Eraser Certification Program (E.C.P.).

Product overview

The Eraser Company offers a comprehensive portfolio of industrial wire, cable, and tube processing equipment spanning over 200 products. The core offering consists of programmable benchtop and portable machines for cutting, stripping, twisting, heat shrinking, and measuring wire and cable materials. Key product families include: the M700 Modular Series (configurable processing system), RT2S and DSP2 chemical/thermal wire strippers for magnet and enamel wire, CS800 Wire Cut & Strip (fully programmable cut-and-strip machine), the WC302/WC601A/WC601D series of automatic wire and tubing cutters, C100S/C200/C300 rotary wire strippers for production environments, specialized medical tubing cutters (WC601B/WC601D), coaxial cable strippers (824, 1256), and the DCFX series for magnet wire. These core processing machines are complemented by supporting equipment including the WS1 Wire Straightener, DE700/DE600/DE400/DE100 dereelers and winders for material feed, replacement parts, and services such as the Eraser Certification Program (E.C.P.) for material testing and validation. The company serves diverse industries including medical, aviation/aerospace, electronics manufacturing, and telecommunications.

Differentiator

Problem solved

Functional benefit

Products and services

• M700 Modular Series Modular wire processing system that can be customized with different modules for tubing cutting and other wire/cable/tubing processing applications, available in bench-mounted configurations for industrial users.
• RT2S Magnet Wire Stripper Magnet wire stripper that uses frictional heat generated by cone-shaped fiberglass wheels to remove film-type insulation from fine wires without chemicals or blades.
• DSP2 Stripping Pot

Quantifiable outcome

• Production time reduced 20% with wire cutter and stripper setup
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Ten partnerships are on record, tiered major, regional and minor.

• McMaster-Carr Supply CompanymajorChannel Partner/ Reseller/ DistributorIllinois-based industrial supply company that distributes Eraser products in the US market through their extensive catalog and distribution network.
• Double Bridge TechnologiesregionalChannel Partner/ Reseller/ DistributorDistributor based in Dongguan City, Guangdong Province, China representing Eraser products in mainland China.
• ATS/Beijing AntaisregionalChannel Partner/ Reseller/ DistributorBeijing-based distributor covering the Beijing region of China with sales contact John Han.
• Easilymachine (John Ho)regionalChannel Partner/ Reseller/ DistributorHong Kong-based distributor representing Eraser products in the Hong Kong market from their office in Tsuen Wan.
• Koeishoji Co., Ltd.regionalChannel Partner/ Reseller/ DistributorJapanese distributor based in Hyogo Prefecture (Amagasaki-city) representing Eraser products in Japan.
• Korics TradingregionalChannel Partner/ Reseller/ DistributorSeoul, South Korea-based distributor located in the Gumcheon-Gu district representing Eraser products in the Korean market.
• The Transformer Association (TTA)minorOthersNational industry association membership providing networking and industry advocacy for companies in the transformer manufacturing sector.
• Wire Harness Manufacturer's Association (WHMA)minorOthersIndustry association membership for wire harness manufacturers, providing standards development and industry representation.
• U.S. Chamber of CommerceminorOthersNational business association membership representing American businesses interests.
• National Federation of Independent Business (NFIB)minorOthersAdvocacy organization representing small and independent businesses in the United States.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Schleuniger: Swiss-headquartered global manufacturer of wire processing machines (cutting, stripping, crimping, sealing). Directly competes with Eraser across the same product categories for OEM wire harness, electrical equipment, and aerospace customers; part of the Metall Zug group.
• Komax Group: Swiss-listed global leader in automated wire processing. Same end customers (wire harness OEMs, automotive, industrial), overlapping product portfolio, and significantly larger scale make it the closest publicly benchmarked peer for Eraser.
• Artos Engineering Company: US-based long-standing manufacturer of wire processing equipment (cutters, strippers, twisters). Direct US competitor to Eraser serving overlapping wire harness and electrical OEM customers.
• Eubanks (Huestis Industrial): US manufacturer of wire and cable stripping machines under the Eubanks brand, owned by Huestis Industrial. Competes with Eraser's rotary/blade stripper lines for production-wire customers.
• Metzner: German maker of automatic cable processing machines (cutting, stripping, tubing processing). Directly comparable to Eraser's WC-series cutters and stripping equipment, serving similar European industrial customers.
• Schäfer Werkzeug- und Sondermaschinenbau: German builder of special-purpose wire processing machines and tooling. Competes with Eraser in specialty stripping, cutting, and custom automation for niche wire and cable applications.
• Pressmaster: Swedish manufacturer of crimping and wire processing tools and machines. Overlaps with Eraser in professional-grade wire preparation equipment used by harness makers and electrical OEMs.
• Wezag: German manufacturer of professional tools and machines for wire and cable processing. Comparable product positioning to Eraser in cutting, stripping, and crimping for industrial customers.

Broad incumbents

• TE Connectivity: Global electronics and connectivity giant that also markets wire processing equipment through its application tooling business. Far broader portfolio and scale than Eraser, but overlaps in wire preparation equipment for harness and electrical customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/erasercompany
• Facebookfacebook.com/EraserCompany
• LinkedInlinkedin.com/company/the-eraser-company-inc-

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 The Eraser Company