It has operations in Pennsylvania, Wisconsin, Tennessee and Indiana, according to the company’s website . An internal investigation is underway to determine the cause of the incident. The company’s expansion into the city of Ironwood is expected to generate an investment […] The plant’s location results in increased logistics costs in our customers’ supply chain. Copyright 2021 Nexstar Inc. All rights reserved. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. WAUPACA, Wis. (WBAY) - The City of Waupaca plans on making a lot of changes to its downtown in 2021. Although metal casting is an essential business, many of our customers have realized reduced demand for their products, which affects the supply chain. Representatives for Waupaca couldn’t be reached for comment. The employees were transported via air and ground to a regional burn center for treatment. Serving a variety of businesses from cars to tractors, they make sure everyone has all the parts they need to keep running. (WEHT) – Four employees were injured at Waupaca Foundry Monday morning. Company officials say the injuries happened during maintenance to a … December 24, 2020. IOSHA also says Waupaca did … 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. This material may not be published, broadcast, rewritten, or redistributed. The timing of a sale could be impacted by the coronavirus, which is hampering travel, business meetings and investor confidence. We will provide relocation benefits for people who accept positions outside of Pennsylvania. • Learn More . Deliberations are at an early stage and may not lead to a transaction, the people said. A spokesperson for Hitachi Metals declined to comment. 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 … Our castings are produced using our custom built vertical green sand molding machines and created by a workforce that puts Waupaca Foundry Inc., headquartered in Waupaca, Wisconsin, produces iron castings largely from scrap metal for use in the transportation, construction, agriculture and industrial markets. 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. Welcome to Waupaca Foundry. IOSHA fined the Waupaca Foundry $5,000 and says the company did not maintain reasonably safe conditions for employees. Hitachi Metals Said to Mull $1 Billion Waupaca Foundry Sale. “Waupaca Foundry explored multiple alternatives to closing the plant—none of which were viable,” said Vice President of Operations Rick Sutton. Our hope is any downturn in manufacturing will be short-lived, but any recovery will be gradual in scope. 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. Waupaca Foundry is in the news; here you will be able to download various clippings. Waupaca Foundry operates 35 vertical molding machines nationwide, while both Dotson and Kohler recently installed new horizontal molding capacity. "Waupaca Foundry confirms four employees received non-life threatening injuries during maintenance to its cupola at its Tell City, Indiana iron foundry today. June 2019 Foundry of the Week: Waupaca Foundry. The Japanese steelmaker bought Waupaca in 2014 for about $1.3 billion in cash from KPS Capital Partners LP, which had acquired the business two years earlier from Thyssenkrupp AG. Waupaca, WI news, breaking news, sports, and local stories. 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 … Media Resources. 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. All of these parts will be consolidated at other Waupaca Foundry locations in Tennessee, Indiana, and Wisconsin. (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. Show full articles without "Continue Reading" button for {0} hours. Winter outdoor opportunities. Finally, the facility would require a significant investment in advanced manufacturing processes to make it more efficient. News Articles Mar 23, 2015 KPS Capital Partners Receives Buyouts' "Deal of the Year" for Waupaca Foundry. TELL CITY, Ind. Retired foundry executive featured in Badger Bee. Under the agreements, Waupaca Foundry customers requesting horizontal molding will access Kohler’s and Dotson’s capabilities with a streamlined supply chain managed by Waupaca Foundry. Additionally, forecasts for the rest of the year indicate automakers will have a significant production decrease compared to pre-pandemic levels. Both salaried and production team members were notified on May 27 and nearly 150 hourly and 50 salaried positions will be eliminated. Foundry Corporate News - Foundry of the Week 15. PERRY CO., Ind. All qualified employees are encouraged to apply for open positions at other Waupaca Foundry facilities and other companies owned by Hitachi Metals group. The Lawrenceville plant produces automotive suspension components including steering knuckles, control arms, and brackets for OEMs. LAWRENCEVILLE, Pa. (WETM) – UPDATE: Waupaca Foundry President, COO and CEO Mike Nikolai issued the following statements concerning the closing of the Lawrenceville plant; Waupaca Foundry is streamlining our manufacturing footprint to make logistics more efficient for our customers. “Our ability to remain flexible in an evolving marketplace will continue to create opportunity for our employees and customers,” he said. ... 14 News … Waupaca Foundry – Lawrenceville produces automotive suspension components including steering knuckles, control arms, and brackets for OEMs. Two are children of Waupaca Foundry employees. LANSING–Waupaca Foundry, a Hitachi Metals company, this week started operations in Ironwood in the far western Upper Peninsula. Waupaca Foundry sent a statement Tuesday confirming four employees received injuries during maintenance to the iron foundry’s cupola. Waupaca Foundry has a reputation as solid as the castings we create. Waupaca Foundry announced it will close its ductile iron foundry plant in Tioga County, Pennsylvania in early August 2020. ‘Just want to say thank you’: First lady Jill Biden delivers cookies to National Guard troops, A year after Wuhan lockdown, a world still deep in crisis, Empire State Weekly COVID-19 Vaccine Shortages and State Budget Breakdown, In enemy territory: Chiefs backer bar in heart of Bills country ready for Sunday’s game, 26 Shirts releases special edition Bills t-shirt for a good cause, Buffalo Bills Report – AFC Championship preview, Forecast Discussion 1/23/21 AM: Single digit wind chills Saturday, Payments for Pandemic Unemployment Assistance to resume, Hank Aaron, defying racism in America’s favorite game, GoFundMe started to pay for local high school student’s funeral arrangements, Netflix series “Blown Away” Season Two Is Back, Extraditing made difficult due to COVID and bail reform, More than 150 National Guard in Washington for inauguration test positive for coronavirus, Forecast Discussion 1/22/21 PM: Below average temperatures for the weekend, Youth sports in New York can begin Feb. 1 with local health department approval, Benefits card stolen from pregnant mother in Elmira, police searching for suspects, Steuben County inmate charged with bringing drugs into the jail, Parking restrictions in Bath this weekend for Daryl Tombs funeral procession, Governor Wolf to nominate Alison Beam, his current Chief of Staff, to serve as Secretary of Health, Third stimulus check: GOP lawmaker wants $1,400 payment reserved for people who get COVID-19 vaccine, Oddsmakers set chances for New York Governor Andrew Cuomo to be elected President in 2024, COVID-19 vaccine available at select Elmira, Binghamton Weis Market pharmacies for eligible residents, Finger Lakes SPCA – A dog named Grizzly needs your help recovering from animal cruelty, COVID-19 mass vaccination site opens in Johnson City, Mega Millions Jackpot is at $865 million: How to play, where to watch, and where the money goes. Read More. "Waupaca Foundry confirms four employees received non-life threatening injuries during maintenance to its cupola at its Tell City, Indiana iron foundry today. We deliver on our daily commitment to quality and true capacity. Company profile page for Waupaca Foundry Inc including stock price, company news, press releases, executives, board members, and contact information Waupaca Foundry has entered into separate manufacturing alliances with Dotson Iron Castings (Dotson) and Kohler Industrial Castings (Kohler). Waupaca Foundry then partnered with Hoosier Pattern to create a 3D sand printing of the mold for Waupaca . 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 … 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. The facility has 50,000 square feet of manufacturing space and will initially employ 15 skilled workers who lead CNC machining of cast iron components produced at Waupaca Foundry. Waupaca Foundry has a reputation as solid as the castings we create. The new plant will process iron castings produced at the company’s plants at Waupaca, Wis., about 150 miles away, west of Green Bay. 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. Browse your newsfeed, like and comment on posts, and even take notes on documents. (Updates share price of Hitachi Metals in sixth paragraph. Hitachi Metals’s foundry business has struggled, swinging to an operating loss in the latest financial year. We take pride in producing best-in-class iron castings. The car crossed over the double yellow line into the northbound lane and was struck by a Ford F250 on the front end of the passenger side, just north of Millionaire Lane on Route 220. Waupaca Foundry is the leading supplier of cast and machined iron components for the automotive, off-highway, commercial vehicle, and other industrial markets. Net income has fallen at Hitachi Metals in the last four financial years, and the company said Jan. 30 that it expects a loss of 47 billion yen ($436 million) in the twelve months through March 2020. 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. Waupaca Foundry, a Hitachi Metals Group company, has a reputation as solid as the castings we create. Aug 19, 2014 KPS Capital Partners to Sell Waupaca Foundry to Hitachi Metals for … It has operations in Pennsylvania, Wisconsin, Tennessee and Indiana, according to the company’s website. LOUISVILLE, Ky. (WAVE/WFIE) - Three of four people injured at the Waupaca Foundry in Tell City, Indiana and transported to University Hospital for burns have been released. Foundry to utilize in its melt department. 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. American manufacturing has been severely impacted by the nation’s virtual shut down. Jordan Christian Garris, 16, lost control of his vehicle while traveling at a "high rate of speed." 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.” 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. Follow The Waupaca County Post for news, photos, videos, and more. At Waupaca Foundry, capacity is … 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. Did the pandemic factor into your decision to close? Nov 10, 2014 KPS Capital Partners Announces Completion of Waupaca Foundry Sale. The Waupaca County Post is the leading source of news and information for Waupaca, Weyauwega, Fremont, Iola, Scandinavia, and Manawa. Shares of Hitachi Metals have fallen 5.3% in Japanese trading this year, valuing the company at about $6.1 billion. Hitachi Ltd. owns about 53% of Hitachi Metals, according to data compiled by Bloomberg. ), To contact the reporters on this story: David Welch in Southfield at dwelch12@bloomberg.net;Manuel Baigorri in Hong Kong at mbaigorri@bloomberg.net, To contact the editors responsible for this story: Fion Li at fli59@bloomberg.net, ;Craig Trudell at ctrudell1@bloomberg.net, Michael Hytha, For more articles like this, please visit us at bloomberg.com, Like us on Facebook to see similar stories, Lawyer for the 'Q Shaman' who stormed the Capitol in a fur headdress with horns says his client feels 'duped' after Trump didn't pardon him, Sure Signs You've Already Had COVID, According to the CDC. Browse your newsfeed, like and comment on posts, and even take notes on documents. (WFRV) – The Waupaca Foundry is a well-known part of the community. MANSFIELD, PA (FNN) -Mansfield Borough Police and Mansfield University Campus Police responded to a two-vehicle accident on Wednesday, according to First News Now. © 1998 - 2021 Nexstar Inc. | All Rights Reserved. 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. 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. ‎No matter where you are, Waupaca Foundry puts all the information you need at your fingertips. “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 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. “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. What parts does the plant produce and what will happen to them? Waupaca Foundry plant in Tioga County PA to permanently close - WENY News News We understand this is unfortunate for our team members at the Lawrenceville plant. 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. Hitachi Metals Ltd, the specialty steel producer mostly owned by Japanese conglomerate Hitachi Ltd, is exploring a sale of US-based unit Waupaca Foundry … Waupaca Foundry is a proud supplier of iron castings flexing with the demands of the oil and gas industry, both on and off the oil field. Our company is the world's largest manufacturer of grey iron, ductile iron, compacted graphite, austempered and high-strength ductile iron castings. By WaupacaNow. Featured Waupaca News. Explore other functionality of the app, including the ability to: • Receive alerts regarding recent news, weather alerts… “The global pandemic heightened the need to find solutions to better serve our customers.”. It's National Technology Day which, recognizes the way technology changes the world and looks to the future. (WFIE) - The Indiana Occupational Safety and Health Administration (IOSHA) has fined Waupaca Foundry in Perry County $5,000 after four workers were injured back in February. The new Waupaca Foundry machining plant is located at 600 Industrial Drive, Waupaca, Wis., and will machine brake components for the commercial vehicle market. Company profile page for Waupaca Foundry Holdings Inc including stock price, company news, press releases, executives, board members, and contact information The accident occurred in the area of 91 South Main Street and East Main Street. No matter where you are, Waupaca Foundry puts all the information you need at your fingertips. 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