USA - Waupaca Foundry plant in Tioga County PA to permanently close
LAWRENCEVILLE, PA. (WENY) – Waupaca Foundry announced it will close its ductile iron foundry plant in Tioga County, Pennsylvania in early August 2020.
Officials say the closure is an “alignment of manufacturing operations in the United States and is a result of capacity that exceeds demand in supply chain”.
“It's critical that we stay in front of changing market conditions and customer demand for long-term sustainability,” said Waupaca Foundry President, COO and CEO Mike Nikolai. “Our ability to remain flexible in an evolving marketplace will continue to create opportunity for our employees and customers.”
Employees were notified on Wednesday. Officials say nearly 150 hourly and 50 salary positions will be eliminated.
“Waupaca Foundry explored multiple alternatives to closing the plant – none of which are viable,” said Vice President of Operations Rick Sutton. “The global pandemic heightened the need to find solutions to better serve our customers.”
The Lawrenceville plant creates automotive suspension products including steering knuckles, control arms and brackets for OEMs. Officials say parts products at the foundry will move to other plants and will also continue to be machined and assembled at the Effingham, Illinois location.
Waupaca Foundry is the leading supplier of cast and machined iron components for various industries including automotive, off-highway, commercial vehicles. It operates seven iron foundries with 1.5 million tons of capacity, as well as three machining and casting finishing operations in the United States.
Source: Weny News
- Iron Ore Faces Supply Problem in Brazil, Rising Demand in China
- SMC Power acquires Concast’s steel units in largest liquidation deal
- INTERNATIONAL METAL TECHNOLOGY INDONESIA (IMT) postponed to 18 – 20 March 2021
- China’s steel output hits new record high in May
- Ford restarts all its operations south of the border, FCA adds shifts
- OPINION: Brazil’s ‘dirty list’ is key to stopping slave labor. But it is being undermined
- WHB Automotive acquires SinterCast System 4000 process control technology
- FOSECO’S LATEST COATING INNOVATION: SEMCO FD – THE NEW FAST DRY WATERBASED COATING
- See all News