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Elecast was founded in 1988.
It is operated as an S corporation.
The company is a zinc and aluminum die caster and parts assembler with three primary specialties: a) Custom die cast aluminum parts manufacturing b) Proprietary line of conduit connector assemblies for motor manufacturers c) Manufacturer of parts for a stainless steel tubing company.
Die casting is a manufacturing process in which molten aluminum metal is injected, under pressure, into a hardened steel die or mold.
Elecast provides high-quality die cast aluminum, zinc, and silica glass parts to a variety of manufacturers across a broad spectrum of industries with a focus on short-run quick turnaround solutions.
The company's customers are national and global original equipment manufacturers.
Real Property Included
The business is located in Clarks Summit, PA near Scranton.
Scranton, PA is located approximately: 120 miles from New York City, Philadelphia, and Syracuse; 200 miles from Hartford, Albany, and Baltimore; 250 miles from Washington DC; and 290 miles from Boston, MA
Elecast occupies and owns a 9,500 square foot facility located on 3.5 acres. A Bank appraisal performed in March of 2021 established a market value of the real estate of $450,000. The real estate is included in the sale. A virtual tour of the facility is available upon signing a Confidentiality Agreement.
Elecast has enjoyed a strong, consistent, and profitable history for over 30 years.
The company's customers are well-recognized and long-tenured national and international companies.
Other family business interests
The owner currently runs one shift Monday thru Friday 6:00 AM to 2:00 PM
Plant employees are scheduled based on the manufacturing flow.
The Sellers will be available for 30 days to assist in the transition of ownership as part of the purchase price. The owner is also available for a mutually agreeable period of paid consulting for up to 3 months.
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