Founded as American Steel Foundries in 1902 via the combination of eight steel foundries in the East and Midwest United States, the company changed its name to Amsted Industries in 1962. At one time, Amsted dealt principally with railroad companies, producing a variety of cast-steel components. Today, the company’s product lineup includes a broad range of innovative solutions for rail, commercial vehicle, automotive, and construction applications.
Amsted has grown through product innovation and strategic acquisitions to become the leader in the industries we serve. In 1986, Amsted went private via an employee stock ownership buyout, establishing our Employee Stock Ownership Plan (ESOP) and by 1998 we became 100% employee-owned. At Amsted, we relish the responsibility bestowed upon us to provide reliable, well-made products for markets around the world, and are constantly striving to exceed even higher standards of success to make that happen.
