This Next Billion-Dollar Startup Founder Is On A Mission To Revive American Manufacturing
Forbes Topline
Forbes
4.8 • 6 Ratings
🗓️ 28 January 2025
⏱️ 21 minutes
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| 0:00.0 | Hi everyone, I'm Maggie McGrath, senior editor at Forbes. Hadrian founder and CEO Chris |
| 0:09.3 | Power has raised $180 million to manufacture metal parts at his California factory. Now he's going |
| 0:18.4 | to build a network that will do this faster, better, and perhaps cheaper. |
| 0:22.6 | He was also named to the Forbes next billion dollar startup list in 2024. |
| 0:28.6 | He joins us now to give an update on the business. Chris, thanks so much for being here. |
| 0:33.6 | Well, thanks for having me. |
| 0:35.6 | So you made the Forbes' $2024 next billion startup list, which came out in August, so not quite six months ago, but a decent amount of time. |
| 0:46.3 | Let's start with any changes. What's been going on for you guys since we last spoke in August? |
| 0:51.3 | Mostly just Explorce It Rough and a lot of new people joining the mission, which is fantastic. |
| 0:59.0 | So we are over 300 people now bursting at the scenes in LA and rapidly planning out our |
| 1:07.0 | countrywide expansion for later this year. Rapidly planning countrywide expansion for later was here. |
| 1:16.3 | Rapidly planning countrywide expansion. So what does that expansion plan look like? |
| 1:18.8 | What states are you targeting and how many locations? |
| 1:25.9 | Yeah, so we will be launching a facility that's at least four times the size of the current one in LA in different states. |
| 1:29.9 | We will publicly announce where that state is going to be at the end of March. |
| 1:33.6 | We're just walking through the, there, there's a selection process there for the next couple of months. |
| 1:38.8 | We're really, I've grown so explosively. |
| 1:41.8 | We're very close to being, we're out of force pace. We're are very close to being we're out of force pace we're |
| 1:46.3 | definitely very close to being out of revenue capacity which is really exciting I think we are |
| 1:51.7 | by far the fastest growing manufacturer for both time in the US and yeah we will need to launch |
| 1:59.6 | two big new factories next year one for a custom project that's |
| 2:03.4 | highly confidential and one for all of our customers that would be four times the size of what |
... |
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