Company Description
Chicago Rivet & Machine Co. (NYSE American: CVR) is a manufacturing company in the fastener industry in North America. According to available information, the company operates in the iron and steel forging space and focuses on fasteners and related assembly equipment. It is based in Warrenville, Illinois, and its common stock trades on the NYSE American exchange under the symbol CVR.
Chicago Rivet & Machine Co. reports that it operates through two primary segments: fasteners and assembly equipment. The fastener segment consists of the manufacture and sale of rivets, cold-formed fasteners, parts, and screw machine products. The assembly equipment segment consists mainly of the manufacture of automatic rivet setting machines, automatic assembly equipment, and parts and tools for such machines. The company states that the majority of its revenue is derived from the fastener segment.
Business segments and operations
In its fastener segment, Chicago Rivet & Machine Co. manufactures and sells rivets and other cold-formed fasteners, as well as parts and screw machine products. These products are part of the broader fastener industry and are used where permanent or semi-permanent mechanical fastening is required. The company’s reporting emphasizes that this segment accounts for most of its net sales.
The assembly equipment segment focuses on automatic rivet setting machines and automatic assembly equipment, together with associated parts and tools for such machines. By producing both fasteners and the equipment used to install or assemble them, Chicago Rivet & Machine Co. positions itself as a supplier of fastener products and related machinery within its niche.
Financial reporting and performance snapshots
Chicago Rivet & Machine Co. periodically releases summaries of its consolidated results of operations. For example, it has reported quarterly net sales, income or loss before income taxes, and net income or loss per common share for the first, second, and third quarters of 2025. These releases show the company’s focus on net sales performance and profitability over three-month and year-to-date periods, with all figures subject to year-end audit.
The company’s public reports include metrics such as net sales, income (loss) before income taxes, net income (loss), and net income (loss) per common share, along with the average common shares outstanding. These disclosures provide investors with a view of how the fastener and assembly equipment operations contribute to overall financial results over time.
Dividends and capital return
Chicago Rivet & Machine Co. has announced quarterly cash dividends in multiple press releases. In 2025, its Board of Directors declared quarterly cash dividends of $0.03 per share, with payments scheduled for June, September, and December to shareholders of record on specified dates. The company states that, with respect to the payment of future dividends, the Board will continue to consider factors such as current profitability, the outlook for long-term profitability, known and potential cash requirements, and the overall financial condition of the company, and that any dividend declared will be solely at the discretion of the Board of Directors.
Industry and sector classification
According to the provided classification, Chicago Rivet & Machine Co. operates in the iron and steel forging industry within the manufacturing sector. Its activities in the fastener industry and its production of rivets, cold-formed fasteners, screw machine products, and automatic rivet setting and assembly equipment place it in a specialized manufacturing niche focused on mechanical fastening solutions and related machinery.
Stock information
Chicago Rivet & Machine Co. is listed on the NYSE American exchange under the ticker symbol CVR. Public disclosures such as quarterly earnings releases and dividend announcements are distributed via newswire services, providing shareholders and potential investors with information about the company’s operating results, dividend decisions, and other corporate updates.
Risk and outlook considerations
In its public statements accompanying dividend announcements, the company notes that the Board of Directors evaluates future dividends in light of profitability, long-term outlook, cash requirements, and financial condition. The company also references factors that can affect its business, such as sales with major customers, export-related risks, the price and availability of raw materials, supply chain disruptions, labor relations issues, potential losses related to product liability, warranty and recall claims, costs relating to environmental laws and regulations, information systems disruptions, and the loss of services of key employees. These factors are cited as considerations that may influence future performance and decisions.
Use of Chicago Rivet & Machine Co. information for investors
Investors reviewing Chicago Rivet & Machine Co. typically focus on its segment structure (fasteners and assembly equipment), its net sales and profitability trends as reported in quarterly results, and its dividend history and Board policy regarding future dividends. Because the company operates in a defined manufacturing niche, its disclosures about segment performance and risk factors provide context for understanding how changes in demand, input costs, and operational conditions may affect its results.