Mat Staudinger Promoted to CEO

     
Leadership Announcement: Mat Staudinger Promoted to CEO

FOR IMMEDIATE RELEASE

Stainless Foundry & Engineering Promotes Mat Staudinger to Chief Executive Officer

Milwaukee, WI – August 7, 2025 – Stainless Foundry & Engineering (“SFE”), a leading manufacturer of complex castings and precision machined components, is pleased to announce the promotion of Mat Staudinger to Chief Executive Officer.

Mat joined SFE in 2024 as Vice President of Operations and was promoted to Chief Operating Officer in February 2025. Since joining the company, he has delivered substantial operational improvements across the business. Under his leadership, SFE has significantly increased on-time delivery rates, strengthened quality controls, enhanced production efficiencies, and streamlined communication across both internal teams and customer relationships.

“Mat has done an outstanding job improving the performance of the business where it matters most — on the shop floor and with our customers,” said Jim Lynch, Chairman of the Board of Stainless Foundry & Engineering. “His focus on driving accountability, improving on-time delivery, enhancing quality, and strengthening customer communication has transformed the day-to-day execution of the business. We’re confident that his leadership will continue to push SFE forward in all the right ways.”

As CEO, Mat will lead the company through its next phase of operational and strategic growth, building on the progress already achieved under his tenure.

About Stainless Foundry & Engineering
Founded in 1946, Stainless Foundry & Engineering is a leading manufacturer of sand and investment castings, with in-house machining capabilities and deep expertise in metallurgical engineering and complex geometries. The company serves demanding end markets including defense, oil & gas, power generation, chemical processing, and general industrial.

About Ashland Capital Partners
Ashland Capital Partners is a Chicago-based private investment firm focused on building lasting partnerships with entrepreneur- and family-owned industrial businesses in the lower middle market. Ashland provides long-term capital and operational support to help its portfolio companies grow with intention.

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