Waupaca Foundry, Inc. is an American company founded in 1871 and incorporated in 1948, which is among the largest independent

iron Iron is a chemical element; it has symbol Fe () 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, forming much of Earth's o ...

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 ...

in the world. Formerly known as ''ThyssenKrupp Waupaca'', it produces gray, ductile, and compacted graphite iron castings. Based in

Waupaca, Wisconsin Waupaca ( ) is a city in and the county seat of Waupaca County, Wisconsin, United States. 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 po ...

, the firm has approximately 3,500 employees. In addition to maintaining three plants in its headquarters city, it has foundry units located 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 (Lake Michigan), Green Bay, part of Lake Michigan; to the north is Stephe ...

and

Tell City, Indiana Tell City is a city in and the county seat of Troy Township, Perry County, in the U.S. state of Indiana. It is located along the Ohio River. The population was 7,506 at the 2020 census. History Tell City traces its 150+ year old roots to a ...

. After being controlled by

ThyssenKrupp ThyssenKrupp AG (, ; stylized as thyssenkrupp) is a German industrial engineering and steel production multinational conglomerate. It resulted from the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg and E ...

and being called ThyssenKrupp Waupaca, it was purchased by

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

-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 ...

and renamed Waupaca Foundry. In 2014, it was acquired by

Hitachi () is a Japanese Multinational corporation, multinational Conglomerate (company), conglomerate founded in 1910 and headquartered in Chiyoda, Tokyo. The company is active in various industries, including digital systems, power and renewable ener ...

Metals, becoming part of Hitachi Metals’ high-grade Functional Components Company. On March 5, 2024, Monomoy Capital Partners announced that it had completed the acquisition of the company.

References

External links

* {{official website, http://www.waupacafoundry.com Thyssen AG 1955 establishments in Wisconsin Foundries in the United States Waupaca County, Wisconsin Companies based in Wisconsin 2024 mergers and acquisitions