Waupaca Foundry, Inc., formerly known as ThyssenKrupp Waupaca, is among the world's largest independent
iron
Iron () is a chemical element with symbol Fe (from la, ferrum) and atomic number 26. It is a metal that belongs to the first transition series and group 8 of the periodic table. It is, by mass, the most common element on Earth, right in ...
foundries
A foundry is a factory that produces metal castings. Metals are cast into shapes by melting them into a liquid, pouring the metal into a mold, and removing the mold material after the metal has solidified as it cools. The most common metals pr ...
. The company produces gray, ductile, and compacted graphite iron castings. Global markets served include automotive and light truck, commercial vehicle, agriculture, construction, material handling, and other industrial sectors. With headquarters and three plants in
Waupaca, Wisconsin
Waupaca is a city in and the county seat of Waupaca County in the U.S. state of Wisconsin. The population was 6,282 at the 2020 census.
The city is located mostly within the Town of Waupaca, and it is politically independent of the town. A p ...
as well as plants in
Marinette, Wisconsin
Marinette is a city in and the county seat of Marinette County, Wisconsin, United States. It is located on the south bank of the Menominee River, at its mouth at Green Bay, part of Lake Michigan; to the north is Stephenson Island, part of th ...
,
Tell City, Indiana
Tell City is a city in Troy Township, Perry County, in the U.S. state of Indiana, along the Ohio River. The population was 7,272 at the 2010 census. The city is the county seat of Perry County.
History
Tell City traces its 150+ year old roots ...
,
Effingham, Illinois
Effingham is a city in and the county seat of Effingham County, Illinois, United States. It is in South Central Illinois. Its population was 12,252 at the 2020 census. The city is part of the Effingham, IL Micropolitan Statistical Area.
The c ...
, and
Ironwood, Michigan
Ironwood is a city in Gogebic County, Michigan, Gogebic County in the Upper Peninsula of the U.S. state of Michigan, about south of Lake Superior. The city is on U.S. Route 2 in Michigan, US Highway 2 across the Montreal River (Wisconsin-Michi ...
, the foundry employs about 4,500 people.
Previously owned by
ThyssenKrupp
ThyssenKrupp AG (, ; stylized as thyssenkrupp) is a German industrial engineering and steel production multinational conglomerate. It is the result of the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg and ...
, ThyssenKrupp Waupaca was purchased by New York-based private equity firm
KPS Capital Partners
KPS Capital Partners is an American investment company that manages KPS Special Situation Funds, a family of investment funds. KPS specifically invests out of two funds raised in October 2019: KPS Special Situations Fund V ($6.12 billion) and KPS ...
. The company has been officially renamed Waupaca Foundry, Inc. In 2014, Waupaca Foundry was acquired by
Hitachi
() is a Japanese multinational corporation, multinational Conglomerate (company), conglomerate corporation headquartered in Chiyoda, Tokyo, Japan. It is the parent company of the Hitachi Group (''Hitachi Gurūpu'') and had formed part of the Ni ...
Metals, becoming part of Hitachi Metals’ high-grade Functional Components Company.
References
External links
* {{official website, http://www.waupacafoundry.com
ThyssenKrupp
Thyssen AG
1955 establishments in Wisconsin
Foundries in the United States
Waupaca County, Wisconsin
Companies based in Wisconsin