The U.S. Small Business Administration offers a variety of programs to help entrepreneurs start, build and grow their businesses. But even if a business never requires extra help with capital or counseling they can still receive a boost in business from participation in some lesser known SBA programs. That has been the experience of O’Fallon Casting, a nonferrous investment casting company based in O’Fallon Missouri.
O’Fallon Casting produces a specialized foundry product for a relatively small international market. Purchased in 2003, O’Fallon Casting has evolved from being an above average foundry to a vibrant world class operation that more than doubled its annual revenue, from $10 million to $25 million, and added 70 additional jobs to the St. Louis economy. As it has grown the company also increased its focus on expanding technology and reaching out to the community.
Among the many initiatives implemented by the company was an increase in community involvement... Read More