Alpha Investment Casting, LLC
How we got $7.0M
Based on its 45 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 42 years (since 1984)
From public records and the company's website, not a statement that it's for sale.
What they do
Alpha Investment Casting is a foundry, since 1984, that produces investment castings in hundreds of different alloys with tight casting tolerances. It serves customers who want custom castings.
From the company's website. Industry: Other Nonferrous Metal Foundries (except Die-Casting).
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- EXPLORER PIPELINE COMPANY · Tulsa, 8 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 6 mi · $467.8M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 2 mi · $326.8M
- BKG INDUSTRIES, LLC · Stigler, 76 mi · $318.3M
- SUPERIOR MIDSTREAM, LLC · Tulsa, 2 mi · $315.1M
Estimated value over time
▲ 56% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ALPHA INVESTMENT CASTING, LLC this business | $18.1M | — |
| METAL DYNAMICS CORPORATION Tulsa · 22 employees | $5.8M | 1.5 mi |
| OZARK STEEL LLC Tulsa · 53 employees | $20.7M | 5.1 mi |
| CENTRIFUGAL CASTING MACHINE CO, INC Owasso · 3 employees | $1.8M | 9.1 mi |
| FORGED BY CREATION Broken Arrow · 8 employees | $2.8M | 11.5 mi |
| MACS ALUMINUM INC Sand Springs · 1 employees | $596K | 12.9 mi |
| T&L FOUNDRY, INC Glenpool · 60 employees | $19.6M | 14.3 mi |
The full calculation
| Employees reported to the SBA | 45 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $15.7M |
| Estimate: the two combined (geometric mean) | $18.1M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $1.5M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $7.0M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.7M – $9.6M |
| Revenue range | $11.9M – $20.7M |
| EBITDA range | $984K – $1.7M |
| Industry (NAICS) | Other Nonferrous Metal Foundries (except Die-Casting) (331529) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“After starting in 1984, Alpha Investment Casting quickly rose to become a trusted name in the foundry industry.”
Advisors
- BankingBancFirstPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $458K | 45 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Alpha Investment Casting, LLC
Alpha Investment Casting, LLC is an other nonferrous metal foundries (except die-casting) company in Tulsa, Oklahoma, in business since 1984. It is owned by Dell Frazier (Co-Owner). Its estimated annual revenue is about $18.1M, with roughly $1.5M of EBITDA. It has about 45 employees. Its estimated business value is $7.0M (likely range $3.7M–$9.6M).
Common questions
- Who owns Alpha Investment Casting, LLC?
- Alpha Investment Casting, LLC is owned by Dell Frazier (Co-Owner), according to public sources such as the company's website or filings.
- How much revenue does Alpha Investment Casting, LLC make?
- SeeBITDA estimates Alpha Investment Casting, LLC's annual revenue at about $18.1M (likely between $11.9M and $20.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Alpha Investment Casting, LLC worth?
- About $7.0M, roughly 4.7× its estimated EBITDA of $1.5M, typical for a other nonferrous metal foundries (except die-casting) company its size. Likely range: $3.7M–$9.6M.
- How many employees does Alpha Investment Casting, LLC have?
- About 45, as reported on its PPP loan.
- When was Alpha Investment Casting, LLC founded?
- Alpha Investment Casting, LLC has been in business since 1984.