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Caster Concepts

Caster Concepts manufactures and distributes caster wheels and conveyors for aerospace, automotive, warehousing and locomotive industries. Read more

William Dobbins's photo - President & CEO of Caster Concepts

President & CEO

William Dobbins

CEO Approval Rating

91/100

Founded:

1987

Status:

PrivateIndependent Company

CASTER CONCEPTS TOP COMPETITORS OR ALTERNATIVES

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Albioncasters is the biggest rival of Caster Concepts. Albioncasters is headquartered in Albion, Michigan, and was founded in 1947. Albioncasters is in the field. Albioncasters generates 13% the revenue of Caster Concepts.

Albion Allen is Caster Concepts's #2 competitor. Albion Allen is a Private company that was founded in Elk Grove Village, Illinois in null. Albion Allen is in the Logistics, Wholesalers & Retail Distributors industry. Albion Allen has 171 fewer employees vs. Caster Concepts.

Hamilton Caster has been one of Caster Concepts's top competitors. Hamilton Caster's headquarters is in Hamilton, Ohio, and was founded in null. Hamilton Caster competes in the field. Hamilton Caster generates 34% of Caster Concepts's revenue.

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Caster Concepts Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Aerol Co., Inc.

Nov 2020

Source »
undisclosed
Aerol is a manufacturer and distributor of aluminum castings and polyurethane wheels for the manufacturing industry.
Mitchell Golf Equipment Company

Dec 2016

Source »
undisclosed
Mitchell Golf is a manufacturer and supplier of golf club angle machines, repair tools and parts.
Albion Machine & Tool Co

Dec 2014

Source »
$500K
-

-

-

Jun 2012

Source »
$1.5M
-

These are all the companies that Caster Concepts has acquired. Caster Concepts has acquired 4 companies and its latest acquisition was Aerol Co., Inc. in Nov 2020. Aerol is a manufacturer and distributor of aluminum castings and polyurethane wheels for the manufacturing industry.

Caster Concepts Funding History

Since Caster Concepts was founded in 1987, it has participated in 1 round of funding. In total Caster Concepts has raised $1.0M. Caster Concepts' funding round was on Apr 2020 for a total of $1.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt - PPP (CARES Act)
Apr 2020
$1M - $2M

U.S. Small Business Administration.

Since Caster Concepts was founded in 1987, it has participated in 1 round of funding. In total Caster Concepts has raised $1.0M. Caster Concepts' funding round was on Apr 2020 for a total of $1.0M

Caster Concepts Investments

No recent investments found related to Caster Concepts

These are all the companies that Caster Concepts has invested in. Caster Concepts has invested 4 companies and its latest investment was Aerol Co., Inc. in Nov 2020. Aerol is a manufacturer and distributor of aluminum castings and polyurethane wheels for the manufacturing industry.

Caster Concepts News

November 23, 2020MiBiz

Albion-based Caster Concepts acquires Southern California casters manufacturer

ALBION - Caster Concepts Inc., which designs and builds industrial casters and wheels for a variety o... See more »
November 20, 2020Modern Materials Handling

Caster Concepts acquires Aerol Co., expanding its services to aerospace and defense

Caster Concepts' acquisition of Aerol adds strength as caster manufacturer for military, aerospace an... See more »
April 12, 2020Industrial Machinery Digest

Caster Concepts shifts production to produce COVID-19 medical supplies

Caster Concepts, a leading global manufacturer of industrial casters and wheels, now also makes headb... See more »
January 14, 2020The Business Journals: Jacksonville

Michigan-based manufacturing firm expands into Florida

Michigan-based Caster Concepts Inc. CEO Bill Dobbins decided to look at expanding into Florida, and J... See more »
January 16, 2018Industrial Machinery Digest

Caster Concepts Maintenance-Free Casters Reduce Replacement Costs and Injuries, Improve Manufacturing Efficiency Across Industries

When a major U.S. retailer was frustrated with the hundreds of hours and thousands of dollars it was ... See more »
November 9, 2017The Fabricator

Motor-powered caster comes ready to use

Caster Concepts Inc. has introduced two new Drive Caster motor-powered industrial steel drive caster ... See more »
April 3, 2017Modern Materials Handling

Caster Concepts Demonstrates New Ergonomic Rig and Accessories

During a press conference on Monday, Caster Concepts (Booth S2774) exhibited three additions to its E... See more »

Caster Concepts Blogs

May 25, 2016Caster Concepts Blog

Overexertion Costs Maintained

Its always good to break a negative trend, especially when that trend involves injuries and is very c... See more »
May 5, 2016Caster Concepts Blog

Whats a Dual Swivel Section Caster

We recently launched our dual swivel section caster, named the SoS, an acronym for Swivel on Swivel. ... See more »
April 13, 2016Caster Concepts Blog

Reduced Push Force Increases Battery Life

Lower Push Force Increases Battery Life A tour of a modern production facility can loosely be compa... See more »
April 5, 2016Caster Concepts Blog

MODEX 2016 Focus on Productivity

MODEX 2016 is off to a great start, the aisles of the gigantic Georgia World Congress Center were bus... See more »
January 19, 2016Caster Concepts Blog

Custom isn't Costly

While custom and costly are both 6 letter words that start with C, they are not intertwined. All too ... See more »
January 6, 2016Caster Concepts Blog

Modex 2016

Caster Concepts Product Guide for Modex 2016 We will be exhibiting at Modex 2016 at the Georgia World... See more »
December 14, 2015Caster Concepts Blog

What Makes Them Heavy Duty Caster Wheels?

Heavy Duty Caster Wheels The Merriam-Webster dictionary defines heavy duty as Designed to do difficul... See more »

Caster Concepts Press Releases

September 10, 2019My Social Good News

Caster Concepts Inc. Expands Its Commitment To Civic Engagement and Service

Announces Caster Cares to Coordinate Community Service Activities Press Release - September 10, 2019 ... See more »
April 5, 2019University Chronicle

Caster Concepts Manufactures Custom Caster Solutions for Numerous Industries

Casters are among some of the most important pieces of equipment in facilities across the country. Ev... See more »
December 2, 2016Blackbird

Leading Heavy Duty Industrial Caster Company, Caster Concepts, Launches New Website

Industry: Construction Caster Concepts, a leading supplier of light, medium, and heavy-duty industria... See more »
September 21, 2016Press Release Rocket

Caster Concepts Offers Conversion Drive Caster Options

Caster Concepts Offers Conversion Drive Caster Options | Get News Home Business Lifestyle Health & Me... See more »
September 6, 2016Press Release Rocket

Caster Concepts Offers Industry Leading Heavy Duty Caster Wheel Options for Industrial Applications

Caster Concepts Offers Industry Leading Heavy Duty Caster Wheel Options for Industrial Applications |... See more »

Caster Concepts Videos

Social Media

Caster Concepts Headquarters

16000 E. Michigan Avenue

Albion, Michigan49224

888-793-8453

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Caster Concepts Summary

ABOUT

Overview

Caster Concepts manufactures and distributes caster wheels and conveyors for aerospace, automotive, warehousing and locomotive industries. Caster Concepts was founded in 1987. Caster Concepts' headquarters is located in Albion, Michigan, USA 49224. It...

CEO

Caster Concepts's President & CEO, William Dobbins, currently has an approval rating of 91%. Caster Concepts's primary competitors are Albioncasters, Albion Allen & Hamilton Caster.

Frequently Asked Questions about Caster Concepts

  1. When was Caster Concepts founded?

    Caster Concepts was founded in 1987
  2. Who is Caster Concepts's CEO?

    Caster Concepts's CEO is William Dobbins
  3. How much revenue does Caster Concepts generate?

    Caster Concepts generates $70M in revenue
  4. How much funding does Caster Concepts have?

    Caster Concepts has historically raised $1M in funding
  1. Where is Caster Concepts's headquarters?

    Caster Concepts's headquarters is in Albion Michigan, USA
  2. How many employees does Caster Concepts have?

    Caster Concepts has 200 employees
  3. What sector does Caster Concepts operate in?

    Caster Concepts is in Industrial Machinery & Equipment
  4. Who are Caster Concepts's competitors?

    Caster Concepts's top competitors are Albioncasters, Albion Allen, Hamilton Caster