(Waupaca, WI) Oct. 29, 2013—Waupaca Foundry is featured in the second annual Inc. magazine Hire Power Awards, recognizing the private businesses that have generated the most jobs in the past 18 months. From January 1, 2012 to June 30, 2013, Waupaca Foundry generated 414 jobs placing first among Wisconsin honorees and ranking 29th among job creators nationally. Waupaca Foundry produces gray iron and ductile iron castings. It operates four iron foundry plants in Wisconsin, one plant each in Tell City, Indiana and Etowah, Tennessee and employs more than 3,700 nationally.
Foundry leaders attribute steady job growth to strong demand from customers. “Manufacturers in markets we serve are realizing increased demand from their customers,” said Gary Gigante, President and CEO of Waupaca Foundry. “Their production increases have required us to expand our workforce in an industry that’s helping to lead the economic recovery." Waupaca Foundry added positions in electrical maintenance, mechanical engineering, quality control technicians, and other production related positions, “We offer skilled jobs at competitive wages and have one of the highest retention rates in the industry. We’re proud of our people and they make us the company we are,” Gigante said.
“For the second year in a row, we are pleased to recognize the employers who are putting Americans back to work,” said Eric Schurenberg, Editor-in-Chief of Inc. Magazine. “The Hire Power Awards pay tribute to company founders not just for their business prowess but also for their immense contribution to the welfare of U.S. workers and the vitality of the U.S. economy.”
The awards honor 100 private growth companies found across the country in 25 categories. Companies must have been founded in 2011 or earlier and have employed at least 10 full-time US-based employees as of December 31, 2012. An award ceremony, sponsored by Bank of America Merrill Lynch, will take place November 12, 2013 in San Francisco.