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Reg A+TRL98.7–9.0Tier IIOpen

Ironbound Forge

Ironbound Forge Expansion Notes

A seventy-year-old forge with an ASME Section III stamp and a backlog it cannot currently fill.

The bottleneck in nuclear construction is rarely the reactor. It is large-diameter forgings, and there are very few shops in the country qualified to make them. Ironbound has been forging since 1954, holds an ASME Section III certificate, and turns away work. Proceeds buy a second ring forge. Revenue is contracted across six developers, so no single reactor program determines the outcome.

Ironbound Forge Works · Coatesville, PANot applicableEscrow: Meridian Trust, N.A.
TRL 9 of 9, band 8.7 to 9, signed by Dr. Samuel Adeyemi, PhD Nuclear Engineering; ASME Section III reviewer, on Jul 7, 2026.See the evidence it rests on

$9,408,000 committed of $32,000,000

$9,408,000 released · 29% subscribed

Released to the issuerCommitted, held in escrowRemaining
Minimum
$500

$100 per unit

Target coupon
6.25%

Annual, fixed

Term
6 yr
Investors
1,046

Closes February 28, 2027 · 168 days remaining

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Use of proceeds

  • 58%Ring forge and heat treatment capacity
  • 21%Machining and inspection equipment
  • 11%NQA-1 program expansion
  • 6%Working capital
  • 4%Offering expenses and platform fees

The issuer

Heavy forgings and nuclear-grade pressure vessel components. Seventy years old, ASME Section III certified, expanding capacity for the SMR order book.

Legal name
Ironbound Forge Industries, Inc.
Entity
Delaware C-corporation
Jurisdiction
Pennsylvania
Founded
1954

  • Walter CieslakPresident

    Third-generation forge operator. ASME Section III and NQA-1 quality programs.