Cfm Corporation
- Schott SprueillGeneral Manager · Company website
- Andy GinnManager – Purchasing & EHS · Company website
- Barclay LockeOffice Manager · Company website
- Chester PopeCustomer Service · Company website
How we got $5.8M
Based on its 43 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 61% 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.
What we know
Signs of a sale Likely to sell
- In business 51 years (since 1975)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
CFM Corporation is a gray and ductile iron foundry in Blackwell, OK that produces custom iron castings with low-volume runs and short lead times.
From the company's website. Industry: Iron Foundries.
Customers & suppliers
Suppliers & brands
- Palmer · brand it sells or installs
- Del Sol · brand it sells or installs
- BP · brand it sells or installs
- Inductotherm · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CFM CORPORATION this business | $14.8M | — |
| SOONER STATE PATTERN WORKS, INC. Blackwell · 8 employees | $3.3M | 0.3 mi |
| LOS ANGELES BOILER WORKS INC Blackwell · 29 employees | $35.3M | 0.7 mi |
| ASBURY MACHINE CORPORATION Tonkawa · 29 employees | $10.4M | 7.1 mi |
| A-LINE TDS, INC. Tonkawa · 92 employees | $22.0M | 7.4 mi |
| K & S ALUMINUM BOOMS INC Tonkawa · 8 employees | $4.3M | 8.5 mi |
| TPS ROCK BIT INC Tonkawa · 1 employees | $754K | 8.9 mi |
The full calculation
| Employees reported to the SBA | 43 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $14.6M |
| Estimate: the two combined (geometric mean) | $14.8M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $1.2M |
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 | $5.8M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.0M – $7.9M |
| Revenue range | $9.8M – $16.9M |
| EBITDA range | $806K – $1.4M |
| Industry (NAICS) | Iron Foundries (331511) |
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, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“In 1975, Kice Industries built a gray and ductile iron foundry in Blackwell, Oklahoma to provide the high-quality gray and ductile iron castings needed to satisfy the strict requirements of Kice Industries.”
Advisors
- BankingCommerce BankPPP / 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
| Commerce Bank PPP 2020 | All 113 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $582K | 43 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cfm Corporation
Cfm Corporation is an iron foundries company in Blackwell, Oklahoma, in business since 1975. It is owned by Kurt Eck (President). Its estimated annual revenue is about $14.8M, with roughly $1.2M of EBITDA. It has about 43 employees. Its estimated business value is $5.8M (likely range $3.0M–$7.9M).
Common questions
- Who owns Cfm Corporation?
- Cfm Corporation is owned by Kurt Eck (President), according to public sources such as the company's website or filings.
- How much revenue does Cfm Corporation make?
- SeeBITDA estimates Cfm Corporation's annual revenue at about $14.8M (likely between $9.8M and $16.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cfm Corporation worth?
- About $5.8M, roughly 4.7× its estimated EBITDA of $1.2M, typical for a iron foundries company its size. Likely range: $3.0M–$7.9M.
- How many employees does Cfm Corporation have?
- About 43, as reported on its PPP loan.
- When was Cfm Corporation founded?
- Cfm Corporation has been in business since 1975.
- Is Cfm Corporation for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 51 years (since 1975); no family successor named on its website.