Overton Chicago Gear

Overton Chicago Gear (OCG) has a rich history dating back to 1888 and has positioned itself as a leading manufacturer of large, high-precision gears. The company serves a diverse set of industries including oil and gas, minerals and mining, rail, renewable energy, power generation, and infrastructure. OCG is distinguished by its capacity to design and produce custom gears, including herringbone, bevel, helical, spur, and double enveloping worm gears, along with gearboxes. With over 200 employees across three manufacturing facilities in the Chicago area, the company has a strong operational base. In 2012, OCG was acquired by H-D Advanced Manufacturing Company (HDAM), a newly formed enterprise led by prominent manufacturing executives. The acquisition marked HDAM's strategic move into the severe heavy-duty, high precision-engineered industrial manufacturing sector with a specific focus on "mission critical" products and applications. The company's leadership, including Dale Mikus, former VP - CFO of Latrobe Specialty Metals, Copperweld Corporation, and Dresser, aims to propel HDAM into a $1.0 Billion + family of engineered products companies within the next 5 years. Overall, OCG, under the umbrella of HDAM, is well-positioned to expand its market presence and leverage the expertise and resources of HDAM to achieve accelerated growth and greater industry impact. For potential investors, OCG represents a solid investment opportunity in the niche market of high-precision gears and gearboxes.