Smith Foundry Commits to Changing Operations by Spring 2025 in Response to Community Concerns

MINNEAPOLIS--(BUSINESS WIRE)--In response to community concerns and to enable the business, its employees and the community to move forward, Smith Foundry Company Inc. has committed to significantly alter its operations.

Smith Foundry is a portfolio company of Zynik Capital Corporation and has operated in Minneapolis, Minn., since 1923. The iron foundry manufactures castings, provides geometric design and other engineering services, and precise finishing work.

Smith Foundry will discontinue melting and pouring metal at its Minneapolis facility by June 3, 2025, but continue its other operations. The company will continue to dedicate its operations to serving its customers, focusing the operations at the facility to provide high-quality engineering and finishing services of castings produced at other foundries.

“This strategic initiative is aligned with our values as a company and we believe it will position Smith Foundry for sustained success and growth,” said Adolfo Quiroga, President of Smith Foundry and the Foundry Division of Zynik. “Zynik’s mission is to leave a lasting, positive impact – one company, one community, and one person at a time. We are wholeheartedly dedicated to making meaningful contributions that enhance each community we serve, and we remain committed to focusing our efforts on the communities where we operate. We look forward to continuing to provide our customers with the highest quality products and services for which Smith Foundry is known for.”

About Smith Foundry

Smith Foundry, founded in 1923, has continually evolved to meet the changing needs of its customers, its community and the world. From manufacturing pot belly stoves to becoming a leader in iron casting, the company has shown unwavering commitment to its employees and customers. Through strategic innovation and a focus on quality, Smith Foundry has adapted and thrived for over nine decades.