The private equity firm KPS Capital Partners LP, New York City, has completed the acquisition of ThyssenKrupp Waupaca Inc. from ThyssenKrupp Budd Co. through its newly formed, wholly owned affiliate. Following the acquisition, KPS has renamed the foundry group Waupaca Foundry Inc.
KPS says Waupaca Foundry Inc. is the largest iron foundry company in the world. The foundry produces gray and ductile iron castings. KPS adds that Waupaca is North America's leading supplier of iron castings to the automotive, truck, agriculture, construction, hydraulics and commercial vehicle markets. The company operates three manufacturing facilities in Waupaca, Wis., one foundry in Marinette, Wis., a foundry in Tell City, Ind., and a foundry in Etowah, Tenn.
Latest from Recycling Today
- AISI, Aluminum Association cite USMCA triangular trading concerns
- Nucor names new president
- DOE rare earths funding is open to recyclers
- Design for Recycling Resolution introduced
- PetStar PET recycling plant expands
- Iron Bull addresses scrap handling needs with custom hoppers
- REgroup, CP Group to build advanced MRF in Nova Scotia
- Oregon county expands options for hard-to-recycling items
