Since 1936, Prospect Foundry is a market leading supplier of complex cored gray and ductile iron castings in low to medium volumes. We combine modern casting technologies, engineering expertise, and a focus on craftsmanship to produce high quality, complex pressure tight, porosity free castings. Prospect Foundry castings have been used by major OEM customers in the construction, mining, agricultural equipment, and industrial markets.

Business Philosophy

Our Business Philosophy Delivers Results

We are an 80-year-old business focused on longevity and results. Like our products, we are built to last. We do this by focusing on three key components:

CUSTOMER SATISFACTION
Customers experience award-winning delivery, quality, and communication.

PORTFOLIO DIVERSITY
Our portfolio diversity is spread over many non-automotive markets with no single customer larger than 15% of the company’s total sales.

CAPITAL INVESTMENT
We are continuously re-investing back into our facilities to maintain our competitive edge.

History

We have been producing a reputation for Quality, Reliability, and Service since 1936

Prospect Foundry was founded in 1936 by two brother’s Michael and Peter Sitarz. They were former iron casting molders with the William Brothers Boiler Manufacturing Company – a small gray iron foundry producing industrial parts including fire ports and grates. Prospect’s initial foundry facility was located near Prospect Park in southeast Minneapolis, Minnesota.

In the early 1950’s, the company expanded its focus and began manufacturing complex ductile iron castings for a variety of applications in the construction, mining, and industrial markets. During the subsequent years, Prospect began to establish its reputation as a high quality, reliable manufacturer of complex iron castings in low-to-medium volumes. By continuing its focus on developing technical design capabilities, flexible manufacturing, product quality, and reliable service, Prospect developed long-standing relationships with its major customers.

We are proud to be Family Owned & American Made!

Core Values

At Prospect Foundry we believe in:

• Getting the job done despite challenging circumstances.
• Loving what you do and the team that you’re a part of.
• Driving to make things better for our customers, employees, and community.
• Elevating the team to higher levels of performance through respect, responsibility, resources, and recognition.