waupaca foundry news

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Waupaca operates seven iron foundries with 1.5 million tons of capacity, as well as three machining and casting finishing operations in the United States. Shares of Hitachi Metals have fallen 5.3% in Japanese trading this year, valuing the company at about $6.1 billion. (Updates share price of Hitachi Metals in sixth paragraph. "Waupaca Foundry confirms four employees received non-life threatening injuries during maintenance to its cupola at its Tell City, Indiana iron foundry today. Once the mold was sent to Waupaca Foundry, the melt team utilized a small hand ladle to fill the molds with molten gray iron, allowing to … The company’s expansion into the city of Ironwood is expected to generate an investment […] Hitachi Metals is talking to advisers about a potential divestment of the Wisconsin-based foundry unit, which could fetch about $1 billion, said the people, who asked not to be identified because the matter is private. The Lawrenceville plant produces automotive suspension components including steering knuckles, control arms, and brackets for OEMs. The accident occurred in the area of 91 South Main Street and East Main Street. “It’s critical that we stay in front of changing market conditions and customer demand for long-term sustainability,” Waupaca Foundry President, COO and CEO Mike Nikolai said. Foundry Corporate News - Foundry of the Week 15. At Waupaca Foundry, capacity is … We deliver on our daily commitment to quality and true capacity. Their castings are produced using a vertical green sand molding process and created by a workforce that puts generations of iron casting expertise to work for our customers every day. © 1998 - 2021 Nexstar Inc. | All Rights Reserved. Hitachi Metals’s foundry business has struggled, swinging to an operating loss in the latest financial year. This material may not be published, broadcast, rewritten, or redistributed. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Waupaca, WI news, breaking news, sports, and local stories. (Bloomberg) -- Hitachi Metals Ltd., the specialty steel producer mostly owned by Japanese conglomerate Hitachi Ltd., is exploring a sale of U.S.-based unit Waupaca Foundry Inc., people familiar with the matter said. Foundry to utilize in its melt department. The new plant will process iron castings produced at the company’s plants at Waupaca, Wis., about 150 miles away, west of Green Bay. Welcome to Waupaca Foundry. Additionally, forecasts for the rest of the year indicate automakers will have a significant production decrease compared to pre-pandemic levels. Waupaca Foundry, Inc., a Hitachi Metals group company with a location in Etowah, is the winner of the 2020 Green Foundry Sustainability Award presented by the America Foundry Society (AFS). ... 14 News … LANSING–Waupaca Foundry, a Hitachi Metals company, this week started operations in Ironwood in the far western Upper Peninsula. Hitachi Ltd. owns about 53% of Hitachi Metals, according to data compiled by Bloomberg. PERRY CO., Ind. Waupaca Foundry sent a statement Tuesday confirming four employees received injuries during maintenance to the iron foundry’s cupola. • Learn More . Waupaca Foundry announced it will close its ductile iron foundry plant in Tioga County, Pennsylvania in early August 2020. It has operations in Pennsylvania, Wisconsin, Tennessee and Indiana, according to the company’s website. LAWRENCEVILLE, Pa. (WETM) – Waupaca Foundry will close its ductile iron foundry in Lawrenceville, Pennsylvania in early August 2020 as “a result of capacity that exceeds demand in the supply chain,” according to a statement from the company. Jordan Christian Garris, 16, lost control of his vehicle while traveling at a "high rate of speed." Hitachi Metals Ltd., the specialty steel producer mostly owned by Japanese conglomerate Hitachi Ltd., is exploring a sale of U.S.-based unit Waupaca Foundry Inc., people familiar with the … The timing of a sale could be impacted by the coronavirus, which is hampering travel, business meetings and investor confidence. ETOWA - Waupaca Foundry, a Hitachi Metals company, recently awarded $36,000 in scholarships across the U.S. and $9,000 to Tennessee Valley area graduating high school seniors. “Our ability to remain flexible in an evolving marketplace will continue to create opportunity for our employees and customers,” he said. Serving a variety of businesses from cars to tractors, they make sure everyone has all the parts they need to keep running. MANSFIELD, PA (FNN) -Mansfield Borough Police and Mansfield University Campus Police responded to a two-vehicle accident on Wednesday, according to First News Now. The new Waupaca Foundry machining plant is located at 600 Industrial Drive, Waupaca, Wis., and will machine brake components for the commercial vehicle market. Waupaca Foundry is the largest producer of gray, ductile, austempered ductile, and compacted graphite iron in the world, melting more than 10,000 tons a day. We take pride in producing best-in-class iron castings. “The global pandemic heightened the need to find solutions to better serve our customers.”. Waupaca Foundry, a Hitachi Metals Group company, has a reputation as solid as the castings we create. Hitachi Metals Ltd, the specialty steel producer mostly owned by Japanese conglomerate Hitachi Ltd, is exploring a sale of US-based unit Waupaca Foundry … The employees were transported via air and ground to a regional burn center for treatment. Our company is the world's largest manufacturer of grey iron, ductile iron, compacted graphite, austempered and high-strength ductile iron castings. In a news release, Waupaca said “offering both horizontal and vertical molding capabilities provides casting buyers the flexibility to source suppliers to best suit their production needs.” Today is National # PetroleumDay which aims to increase awareness of how this key ingredient is found in things we use every day—including fuel to plastic, fertilizers and pesticides, detergent and makeup, and more. WAUPACA, Wis. (WBAY) - The City of Waupaca plans on making a lot of changes to its downtown in 2021. Both salaried and production team members were notified on May 27 and nearly 150 hourly and 50 salaried positions will be eliminated. The Waupaca County Post is the leading source of news and information for Waupaca, Weyauwega, Fremont, Iola, Scandinavia, and Manawa. Waupaca Foundry plant in Tioga County PA to permanently close - WENY News News Nov 10, 2014 KPS Capital Partners Announces Completion of Waupaca Foundry Sale. Company profile page for Waupaca Foundry Inc including stock price, company news, press releases, executives, board members, and contact information Deliberations are at an early stage and may not lead to a transaction, the people said. TELL CITY, Ind. What parts does the plant produce and what will happen to them? No matter where you are, Waupaca Foundry puts all the information you need at your fingertips. IOSHA also says Waupaca did … (WFRV) – The Waupaca Foundry is a well-known part of the community. Copyright 2021 Nexstar Inc. All rights reserved. Waupaca Foundry will close its ductile iron foundry in Lawrenceville, Pennsylvania in early August 2020 as "a result of capacity that exceeds demand in the … Waupaca has about 4,500 employees and is one of the world’s largest iron foundries, making castings for the automotive, construction and oil and gas industries. Retired foundry executive featured in Badger Bee. Aug 19, 2014 KPS Capital Partners to Sell Waupaca Foundry to Hitachi Metals for … IOSHA fined the Waupaca Foundry $5,000 and says the company did not maintain reasonably safe conditions for employees. “We’re getting new curb and gutter, utilities, lights, benches, receptacles, we’re implementing a sidewalk poetry program, we’re doing bike infrastructure, we’re doing murals, public art, flower planters. Waupaca Foundry is an equal opportunity employer.All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, gender identity, sexual orientation, age, status as a protected veteran, among other things, or status as a qualified individual with disability. They are the largest producer of gray, ductile, austempered ductile, and compacted graphite iron in the world, melting more than 9,500 tons a day. Parts produced at the Lawrenceville foundry will move to other Waupaca Foundry plants, and will continue to be machined and assembled at the Effingham, Illinois location. Winter outdoor opportunities. Did the pandemic factor into your decision to close? Waupaca Foundry Inc., headquartered in Waupaca, Wisconsin, produces iron castings largely from scrap metal for use in the transportation, construction, agriculture and industrial markets. Representatives for Waupaca couldn’t be reached for comment. Waupaca Foundry operates 35 vertical molding machines nationwide, while both Dotson and Kohler recently installed new horizontal molding capacity. American manufacturing has been severely impacted by the nation’s virtual shut down. Established in 1955, Waupaca Foundry produces gray iron, ductile iron, austempered ductile iron, and compacted graphite iron castings, focusing on transportation, construction, agriculture, and industrial markets worldwide. Follow The Waupaca County Post for news, photos, videos, and more. Browse your newsfeed, like and comment on posts, and even take notes on documents. Hitachi Metals Said to Mull $1 Billion Waupaca Foundry Sale. By WaupacaNow. We understand this is unfortunate for our team members at the Lawrenceville plant. June 2019 Foundry of the Week: Waupaca Foundry. Company profile page for Waupaca Foundry Holdings Inc including stock price, company news, press releases, executives, board members, and contact information ULSTER, Pa. (WETM) — A GoFundMe was created to help pay for the funeral of a high school student who passed away Wednesday in a multi-vehicle crash on Route 220 in Ulster Township. We will provide relocation benefits for people who accept positions outside of Pennsylvania. To remain flexible in an evolving marketplace will continue to create opportunity for our team members the. Nearly 150 hourly and 50 salaried positions will be consolidated at other Waupaca Foundry Sale and may not lead a... Positions outside of Pennsylvania did not maintain reasonably safe conditions for employees Foundry operates 35 vertical machines... “ the global pandemic heightened the need to find solutions to better our! `` continue Reading '' button for { 0 } hours ( Updates share price of Hitachi company! The Waupaca Foundry Monday morning Metals ’ s website is a well-known part of the.... Main Street and East Main Street the plant ’ s location results in increased costs! 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