TUPY
- Company typePublic
- Founded1938
- HeadquartersJoinville, Brazil
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What TUPY does
Tupy S.A. is a Brazilian multinational iron foundry founded in 1938 in Joinville, Santa Catarina, now publicly traded on B3 under ticker TUPY3 and operating 20,000+ employees across Brazil, Mexico, Portugal, and sales offices in the United States, Germany, Italy, and the Netherlands. The company specializes in cast iron structural components - primarily engine blocks, cylinder heads, and engineering parts - for commercial vehicle, agricultural, construction, mining, and power generation OEMs. Its flagship metallurgical capability is large-scale production of Compacted Graphite Iron (CGI), which delivers 75% higher mechanical strength than gray cast iron and is supplied under long-term contracts to customers including Cummins, Caterpillar, Scania, Mercedes-Benz, Ford, Volkswagen, and Volvo.
Beyond structural castings, Tupy operates a precision machining business (240+ centers, 375+ special equipment), a hydraulics segment (malleable iron fittings and FUCO continuous cast iron profiles), and - following the 2022 acquisition of MWM do Brasil - engines and power generation for the aftermarket. The company is investing in adjacent verticals including hydrogen-ready engine components (via partnerships with Westport Fuel Systems and AVL), flexible hydrometallurgical lithium-ion battery recycling (with the University of São Paulo), and biogas/renewable fuel projects. Revenues are generated through direct enterprise B2B sales on multi-year manufacturing contracts with global OEMs, with products exported to approximately 40 countries and quarterly net revenue in 2025 ranging between R$2.16B and R$2.6B.
TUPY firmographics
Firmographics- Name
- TUPY
- Legal name
- Tupy S.A.
- Website
- https://tupy.com.br
- Company type
- Public
- Founded year
- 1938
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
TUPY industry classification
Industry- Product category
- Industrial Cast Iron Components Manufacturing
- NAICS
- Iron and Steel Mills and Ferroalloy Manufacturing (33111), Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (33121)
- SIC
- Iron & Steel Foundries (3320), Steel Pipe & Tubes (3317)
- akta.pro primary industry
- Electric Arc Furnace (EAF) Steelmaking (Incl. DRI/HBI-Based) (IMAKABAB)
- akta.pro secondary industries
- Ferrous Scrap Processing & Brokerage (Steel & Cast Iron) (IMAKAMAA), Direct Reduced Iron (DRI) & Hot Briquetted Iron (HBI) Production (IMAKABAC)
Keywords
Where TUPY is headquartered
LocationHeadquarters
- HQ city
- Joinville
- HQ country
- Brazil
- HQ region
- Latin America
Offices10 records
Markets served
TUPY business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Structural Components Manufacturing: Core business: manufacturing and sale of cast iron structural components including engine blocks, cylinder heads, and engineering parts for capital goods sector. Revenue generated through long-term manufacturing contracts with global OEMs.
- Machining Services: Fully machined parts including assembly of components, tightness tests, semi-machined parts, prototype machining. Services provided in-house with over 240 machining centers and 375+ special equipment in Brazil and Mexico.
- Hydraulic Components: Malleable iron pipe fittings and continuous cast iron profiles (FUCO brand) for construction, sanitation, irrigation, oil & gas, and industrial applications. Global market leadership position.
- MWM Engine Brand (Aftermarket): Engine brand MWM serves the replacement/aftermarket market with engines and components for various applications including agricultural, construction, and power generation equipment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Industrial B2B direct sales |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
TUPY product offering
Product offeringCore offering
Tupy is a global iron foundry and manufacturer that produces custom cast iron structural components (engine blocks and cylinder heads) in gray iron and Compacted Graphite Iron (CGI) for commercial vehicles, agricultural, construction, mining, and power generation OEMs. The company also operates precision machining services for cast iron components, manufactures malleable iron hydraulic fittings and continuous cast iron profiles (FUCO brand) for industrial and infrastructure applications, and through its MWM subsidiary supplies engines, generators, and bioplants for power generation and aftermarket replacement markets.
Product overview
Tupy is a Brazilian multinational foundry and manufacturing company specializing in cast iron components. The company operates a platform-based structure comprising three core product lines: Structural Components (engine blocks and cylinder heads in gray iron and compacted graphite iron), Machining services (precision CNC machining with traceability), and Hydraulics (malleable iron fittings and continuous cast iron profiles under the FUCO brand). The company acquired MWM for engines and generators, and runs ShiftT as a startup accelerator. Supporting these products are software tools like TupyCAD for AutoCAD integration, and an Open Innovation Portal for crowdsourcing solutions to technical challenges. Tupy exports to approximately 40 countries with manufacturing facilities in Brazil, Mexico, and Portugal.
Differentiator
Problem solved
Functional benefit
Brands
- MWM: Engine and power generation solutions brand, acquired in 2022, serving the replacement market and original equipment manufacturers
- ShiftT
- FUCO
- TupyBSP
- TupyNPT
- TupyPress
- TupyForged
- TupyGrooved
- TupyValves
Products and services
- Structural Components and Engineering Parts Custom-manufactured cast iron structural components including engine blocks and cylinder heads in gray iron and Compacted Graphite Iron (CGI), serving commercial vehicle, agricultural, construction, and power generation OEMs globally. Products include monoblock engines (4-8 cylinder configurations) and cylinder heads engineered to customer specifications.
- Machining Services Precision machining services for cast iron components including engine blocks and cylinder heads, with 240+ machining centers and 375+ special equipment across Brazil and Mexico. Includes fully machined parts, component assembly, tightness tests, semi-machined parts, prototype machining, and total product traceability.
- Hydraulic Pipe Fittings and Cast Iron Profiles Malleable iron fittings and continuous cast iron bars (FUCO brand) for industrial hydraulic applications, including TupyBSP, TupyNPT, TupyPress, TupyForged, TupyGrooved, and TupyValves connections plus square, round, and rectangular profiles for construction, sanitation, irrigation, oil and gas, and industrial machinery sectors.
- FUCO Continuous Cast Iron Profiles Proprietary continuous cast iron profiles available in gray and nodular iron grades in square, round, and rectangular shapes. Advantages include 65% reduction in machining time versus steel 1020, 25% cost reduction versus aluminum, 10% lower density than steel, better thermal conductivity, and greater vibration damping.
- MWM Engines and Generators Engines and generators brand offering gas-powered engines reducing up to 40% fuel costs versus diesel, marine generators, standby power generators for hospitals and data centers, and bioplants for renewable fuel and clean electricity production. Also serves the aftermarket replacement market for agricultural, construction, and power generation equipment.
- Thread Seal Tape Thread sealing tape for sealing threaded joints in steel, malleable iron, PVC, or CPVC installations for cold/hot water and compressed air applications, available in Extra and Classic variants with sizes from 18mmx10m to 24mmx50m.
- Open Innovation Portal Online platform for crowdsourcing solutions to Tupy's technical challenges in casting efficiency, mechanical finishing, purchasing process flows, zero defect journey, and circular economy, connecting the company with the broader innovation ecosystem.
Quantifiable outcome
- 75% increase in mechanical strength vs gray cast iron
- +6 more outcomes
Companies that use TUPY
Customer profileNamed customers19 records
Segments6 records
Ideal customer profiles4 records
TUPY technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
TUPY partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered major, core and strategic.
- YuchaimajorMWM (Tupy subsidiary) signed agreement with Yuchai, a global engine manufacturer, for engine supply partnership.
- University of São Paulo (USP)corePartnership with USP's Department of Chemical Engineering for lithium-ion battery recycling research using flexible hydrometallurgy technique. Project funded by FAPESP, FINEP, and EMBRAPII.
- FAPESP, FINEP, EMBRAPIIcoreResearch funding partners for battery recycling technology development project at Institute for Technological Research in São Paulo.
- Volkswagen Caminhões e ÔnibusmajorContract for production of cylinder heads for MAN D26 engines for Volkswagen commercial vehicles.
- Seara AlimentosstrategicContract for bioplanta (biogas plant) with Seara Alimentos for renewable fuel production.
- ComgásstrategicPartnership to enable transformation of buses to natural gas in Campinas, in collaboration with Tupy and MWM.
- PrimatostrategicContract for production of renewable fuel and clean electricity with Primato cooperative.
- MWM do BrasilcoreAcquisition of MWM do Brasil, entering new sectors including engines and power generation for aftermarket.
- Westport Fuel SystemscoreJoint partnership to develop pilot of more efficient internal combustion hydrogen engine. Westport provides fuel systems expertise combined with Tupy's casting capabilities.
- AVLcoreJoint partnership for hydrogen internal combustion engine development. AVL contributes engineering simulation and development expertise.
- Teksid (Fiat Chrysler Automobiles subsidiary)coreAcquisition of cast iron foundry operations from Teksid in Brazil and Portugal, expanding manufacturing capacity and market position.
- ShiftT (Startup Accelerator)strategicTupy's startup accelerator program that connects entrepreneurs with company resources. Received 51% more inscriptions in 3rd cycle. Promotes collaboration and mutual benefit for Tupy, startups, and ecosystem.
Scale indicators16 records
Recent moves8 records
Expansion highlights7 records
TUPY competitors and assessment
Company assessmentBroad incumbents
- Linamar Corporation: Canadian diversified manufacturer of automotive and industrial components including precision machining, iron castings, and powertrain assemblies. Overlapping capabilities in machining and iron casting for commercial vehicle, agriculture, and industrial customers similar to Tupy's segments.
- Bharat Forge: One of the largest forging and casting companies globally, supplying automotive, industrial, and aerospace components. Broader incumbent in metal forming with significant cast iron and steel capabilities, overlapping with Tupy's commercial vehicle and industrial OEM customer base.
Direct peers
- Endurance Technologies: Indian automotive component manufacturer specializing in aluminum castings, iron castings, and machined components for two-wheelers, passenger vehicles, and commercial vehicles. Comparable in product mix and end markets, particularly for automotive engine and transmission components.
- Grede Holdings: US-based iron and steel foundry producing castings for automotive, commercial vehicle, and industrial markets. Direct peer in iron casting operations, with similar customer overlap and end-market exposure to commercial vehicles and industrial machinery.
- Nemak: Mexican-based global manufacturer of aluminum and iron engine blocks, cylinder heads, and transmission components for major automotive OEMs. Direct competitor to Tupy in structural cast components, with overlapping customer base (Ford, GM, Cummins) and similar exposure to ICE-to-EV transition.
- SinterCast: Swedish technology company that developed and licenses Compacted Graphite Iron (CGI) production technology. Closest technology peer to Tupy, since Tupy is the world's first large-scale CGI producer and SinterCast licenses the process control IP that enables CGI production globally.
- Waupaca Foundry: One of the largest iron foundries in North America, producing gray, ductile, and CGI iron castings for automotive, commercial vehicle, agriculture, and construction customers. Direct competitor in iron casting components for similar end markets and customer types as Tupy.
- Aisin Takaoka: Japanese iron foundry specializing in cast iron engine components and brake parts, part of the Aisin Group. Direct peer in iron casting for automotive applications, with similar technology focus on CGI and high-strength cast iron for OEMs.
- Shiloh Industries (Coterie): US-based manufacturer specializing in lightweight castings and engineered solutions for automotive and commercial vehicle markets, including CGI and aluminum components. Direct competitor in cast iron and aluminum structural components for automotive OEMs.
- Teksid (Stellantis subsidiary): Italian iron and aluminum castings manufacturer, subsidiary of Stellantis. Tupy acquired Teksid's Brazilian and Portuguese iron casting operations in 2021; remaining Teksid operations remain a direct competitor in cast iron components for the automotive OEM market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
TUPY social profiles
Digital presenceTUPY compliance and trust
Trust signalCompliance11 records
TUPY financial estimates
Financial estimateRevenue estimate
Valuation estimate
TUPY leadership team
Management profileNumber of profiles
Profiles2 records
TUPY subsidiaries and ownership
Company hierarchySubsidiaries8 records
TUPY funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TUPY M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TUPY
What does TUPY do?
Tupy is a global iron foundry and manufacturer that produces custom cast iron structural components (engine blocks and cylinder heads) in gray iron and Compacted Graphite Iron (CGI) for commercial vehicles, agricultural, construction, mining, and power generation OEMs. The company also operates precision machining services for cast iron components, manufactures malleable iron hydraulic fittings and continuous cast iron profiles (FUCO brand) for industrial and infrastructure applications, and through its MWM subsidiary supplies engines, generators, and bioplants for power generation and aftermarket replacement markets.
Is TUPY a public or private company?
TUPY is a public company. It is classified as public and is currently operating.
When was TUPY founded?
TUPY was founded in 1938. It employs 5,001 to 10,000 people.
Where is TUPY based?
TUPY is headquartered in Joinville, Brazil, in the Latin America region.
How does TUPY make money?
Four revenue lines are on record. Structural Components Manufacturing is the primary driver. The others are machining Services, hydraulic Components and MWM Engine Brand (Aftermarket).
Who are TUPY's main competitors?
Broad incumbents on record are Linamar Corporation and Bharat Forge. Direct peers are Endurance Technologies, Grede Holdings, Nemak, SinterCast, Waupaca Foundry, Aisin Takaoka, Shiloh Industries (Coterie) and Teksid (Stellantis subsidiary).
Does TUPY have an API?
No public API is recorded for TUPY.
What industry is TUPY in?
TUPY's product category is Industrial Cast Iron Components Manufacturing. Its primary akta.pro industry code is IMAKABAB, Electric Arc Furnace (EAF) Steelmaking (Incl. DRI/HBI-Based), with a secondary code of IMAKAMAA, Ferrous Scrap Processing & Brokerage (Steel & Cast Iron). Its NAICS code is 33111 and its SIC code is 3320.