Summary
Fostet Manufacturing
Founded in 1994
Description
Fostet specializes in precision machining of production components in small to large quantities. Over the years we have established ourselves as a excellent source for prototype components as well. Aside from precision machining, Fostet also has assembly capabilities including welding and Nitrogen fitting. Fostet's 14,000 sq. ft. facility is well equipped with 8 turning centres and 4 milling centres. Overhead cranes enable us to move maximum loads of 2 tons in the large portion of our shop. Our QA department is properly equipped to ensure only quality parts are being manufactured. Shipping and receiving is carried out with the aid of a rear entry loading dock as well as side loading applications where necessary.
Strengths
- Fostet Manufacturing has a strong market share in their industry
- Revenue generated per employee is greater than industry average
- Demonstrating revenue growth that is faster than the industry average
- The number of employees is growing faster than the industry average
- Revenue growth is more steady than the industry average
- Since Fostet Manufacturing was founded, the company has grown faster than the industry average
Annual Revenue
Fostet Manufacturing's annual revenue
$4543000
Based on Kona Equity data
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Revenue per employee
$454300
-
Variance of revenue growth
0.0
-
Annual revenue growth since founding
$163071
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Revenue growth rate from first known quarter to current
-4.9%
Employee Count
10 employees
-
Employee growth rate from first known quarter to current
-4.2%
Executives
John Ostetto
President
j**@fostet.comVy Krasowski-Nguyen
Electrician
v**@fostet.comBenjamin Canales
Shipper Receiver
b**@fostet.comBhargav Patel
CNC Machinist
b**@fostet.comShannon Ostetto
General Manager
s**@fostet.comGeoff Riddell
Cnc Programmer and Machinist
g**@fostet.comPhone Manufacturing
Chief Executive Officer & Founder
p**@fostet.comG Score - 6
The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.
- G1 Revenue is greater than the industry median.
- G2 Income per employee more than industry average.
- G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
- G4 Employee growth rate from the first known quarter to current is higher than the industry average.
- G5 Variance of revenue growth is less than the industry average
- G6 Annual revenue growth since founding is higher than the industry average.
Location
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Key Information
- Name: Fostet Manufacturing
- Category: Machinery
- Industry: Machine Shop
- SIC: 35
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Firmographic data G Score of 6 Founded in 1994 SIC: 35 #Industrial Machinery & Equipment #Manufacturing
Frequently Asked Questions
Fostet Manufacturing's headquarters are located at 60 Regal Rd Guelph, Ontario N1K 1B5.
Fostet Manufacturing's official website is fostet.com
Fostet Manufacturing's annual revenue is $4.5 M.
Fostet Manufacturing's SIC: 35
Fostet Manufacturing has 10 employees
Fostet Manufacturing is in the industry of Machinery.