Waupaca Foundry has supplied iron castings to Fiat-Chrysler since 1999 including crankshafts used in automotive powertrains. Waupaca has about 4500 employees and is one of the world's largest iron foundries, making castings for the automotive, construction and oil and gas industries. 81 Waupaca Foundry jobs available on Indeed.com. Aug 19, 2014. The average price of homes sold in Waupaca, WI is $ 185,000. (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. The timing of a sale could be impacted by the coronavirus, which is hampering travel, business meetings and investor confidence. Hitachi Ltd. owns about 53% of Hitachi Metals, according to data compiled by Bloomberg. Nav Menu 4. 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. Feb 07, 2013 The timing of a sale could be impacted by the coronavirus, which is hampering travel, business meetings and investor confidence. SELECT A CATEGORY CLOSE MENU. 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 preservation of its history is an important part of what makes up the Waupaca community. Toggle search bar. Waupaca real estate listings include condos, townhomes, and single family homes for sale. The company is North America’s leading supplier of iron castings to the automotive, commercial vehicle, agriculture, construction and industrial markets. Waupaca, Wisconsin, April 1st, 2016—Waupaca Foundry, Inc. announces that the merger with Hitachi Metals Automotive Components USA, LLC is finalized as of April 1, 2016. The tote bag is machine washable, available in three different sizes, and includes a black strap for easy carrying on your shoulder. Net income has fallen at Hitachi Metals in the last four financial years, and the company said January 30 that it expects a loss of ¥47 billion ($666 million) in the 12 months through March 2020. It's National Technology Day which, recognizes the way technology changes the world and looks to the future. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. It has operations in Pennsylvania, Wisconsin, Tennessee and Indiana, according to the company's website. Nav Menu 8. Aug 19, 2014 KPS Capital Partners to Sell Waupaca Foundry to Hitachi Metals for $1.3 Billion in Cash. Waupaca is the largest iron foundry company in the world, producing gray and ductile iron castings using state-of-the-art technology. Our daily reporting, in your inbox. Waupaca County is a friendly and comfortable place to live, conduct business and enjoy nature in the woods and waterways of Wisconsin. Japanese steelmaker Hitachi Metalscould sell its US-based business Waupaca Foundryfor around $1 billion, according to Bloomberg. Commercial properties are also available. Hitachi Metals Ltd, the specialty steel producer mostly owned by Japanese conglomerate Hitachi Ltd, is exploring a sale of US-based unit Waupaca Foundry … 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. View more property details, sales history and Zestimate data on Zillow. Waupaca Foundry was one of 73 global suppliers to receive this award out of more than 2,500 suppliers and was the only foundry recognized. It spans 220,000 square feet and employs 260 people. Missing BloombergQuint's WhatsApp service? We are proud of our schools and growing health care facilities. Approximately 54% of Waupaca homes are owned, compared to 35% rented, while 11% are vacant. Mike Nikolai, President and COO says “The merger positions Waupaca Foundry to meet evolving customer needs for cast, machined and assembled iron castings. Waupaca Foundry Inc. will be acquired by Hitachi Metals Ltd. according to a sale agreement, in a deal expected to close later this year. Shares of Hitachi Metals have fallen 5.3% in Japanese trading this year, valuing the company at about $6.1 billion. Nav Menu 6. The new plant will process iron castings produced at the company’s plants at Waupaca, Wis., about 150 miles away, west of Green Bay. Hitachi Ltd owns about 53 per cent of Hitachi Metals, according to data compiled by Bloomberg. 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. The King Veteran's home, a foundry and medical center provide employment opportunities for our residents. Hitachi Metals' foundry business has struggled, swinging to an operating loss in the latest financial year. It has operations in Pennsylvania, Wisconsin, Tennessee and Indiana, according to the company’s website. View details. In 2012, we recognized the transformation of the North American iron foundry market and the unrivaled importance of Waupaca to its customers and the end markets that it serves. , Ltd., a company based in Japan, is looking to take ownership global suppliers to this. To buy the unit, which is hampering travel, business meetings and investor confidence WBAY ) the... 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