Waupaca Foundry: A legacy of getting the job done
Production resumes at
foundry in Etowah, TN; adds 20,000 sq. ft. of manufacturing space for ductile iron production.
Private equity firm,
KPS Capital Partners
acquires ThyssenKrupp Waupaca. Upon closing, the Company was renamed Waupaca Foundry, Inc.
Waupaca Foundry is acquired by Hitachi Metals and joins its Functional Components division. The post-merger integration creates a global leader that is well-positioned to capitalize on favorable megatrends in the industry by bringing together complementary product offerings, outstanding development capabilities, and leading technology that serve high-growth areas.
President and COO, Mike Nikolai is named CEO. Thirty-five-year veteran, Gary Gigante retires.
Operations expand into Michigan’s Upper Peninsula with the opening of a new facility located in
Ironwood to process iron castings produced at its Waupaca, Wis. plants. Construction began in early 2019.