Chicago Rivet & Machine Co Overview
Pro stress-test →Chicago Rivet & Machine Co operates in the fastener industry in North America through two segments: Fasteners and Assembly Equipment. The Fastener segment manufactures and sells rivets, cold-formed fasteners and parts, and screw machine products; the Assembly Equipment segment manufactures and sells automatic rivet setting machines, parts and tools for related machines. The company sells its products to the automotive industry through independent sales representatives.
Strategic Profile
Pro stress-test →Chicago Rivet reported a 2025 net loss of $1.1 million, a substantial improvement from the $5.6 million loss in 2024, as gross profit rose to $4.1 million and selling and administrative expenses declined. Net sales were $27,890,260 in 2025, up modestly from $26,986,627 in 2024. However, recurring operating losses, negative operating cash flow and reduced liquidity led management and auditors to conclude there is substantial doubt about the company's ability to continue as a going concern.
Competitive Landscape
Pro stress-test →Chicago Rivet serves the automotive industry through independent sales representatives. The company competes in the fastener manufacturing sector, where scale, cost efficiency, and automotive OEM relationships are critical competitive factors. Primary competitors in the industrial fastener space include larger diversified manufacturers and specialized fastener suppliers, though the company's niche focus on rivets and specialty fasteners with integrated assembly equipment offers some differentiation.
Industry Context
Chicago Rivet & Machine Co operates in Industrial Fasteners & Assembly Equipment Manufacturing.
Key facts
Founded: 1920 · Headquarters: Warrenville, Illinois, US · Revenue: $27.9M · Market cap: $9.3M