Oil City Iron Works Revenue and Competitors

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Corsicana, TX USA

Location

N/A

Total Funding

Mining

Industry

Estimated Revenue & Valuation

  • Oil City Iron Works's estimated annual revenue is currently $14.6M per year.(i)
  • Oil City Iron Works's estimated revenue per employee is $220,500

Employee Data

  • Oil City Iron Works has 66 Employees.(i)
  • Oil City Iron Works grew their employee count by -1% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
N/A120N/AN/AN/A

The forerunner of Oil City Iron Works, Inc. was established in 1866 on its present site as a small machine shop and foundry. Its initial purpose was to make parts for the owner's cotton gin. In 1886, the operation was sold to three local businessmen and was renamed "The Corsicana Manufacturing Company." In 1898, the plant was leased to an individual who renamed it "The Oil City Iron Works" because the area was in the midst of an oil boom. In 1908 it was purchased by the tenant and subsequently incorporated in 1921. Oil City Iron Works, Inc. came under its current ownership in 1965. The early products of the company consisted primarily of parts for cotton gins, brick presses and castings for the building industry. During World War II, most production was oriented towards defense efforts. With the decline in importance of cotton following the war, Oil City Iron Works reoriented its operation toward providing castings for oilfield equipment. In 1960, it was pioneer in this area in introducing ductile and developing certain applications. Since 1985, Oil City Iron Works has expanded significantly and has diversified its products into lines such as valves, logging, construction and mining equipment, as well as general oilfield equipment. Oil City Iron Works, Inc. is 100% jobbing with over 5,800 active patterns.

keywords:N/A

N/A

Total Funding

66

Number of Employees

$14.6M

Revenue (est)

-1%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Oil City Iron Works News

2022-04-21 - UN chief to meet Putin next week; Russia declares intent to control Donbas and southern Ukraine

Oil exports are the Kremlin's main source of foreign currency and ... of Azovstal Iron and Steel Works during Ukraine-Russia conflict in the...

2022-04-20 - Margaret F. 'Marge' DiNardo, interior designer and founding ...

“She was quite a character and she ruled with an iron fist, but no one loves you like ... Mary Lou DiNardo, of Timonium and New York City.

2022-04-19 - Mass grave seen near Mariupol as Biden announces more aid ...

... resistance remains in the Azovstal Iron and Steel Works plant, ... But the situation in the city has been so dire that even the smallest...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
N/A10117%N/A
#2
$27.1M1086%N/A
#3
$53.4M1692%N/A
#4
$64.2M42819%N/A
#5
N/A48579%N/A