On April 1, 2016 the merger of Waupaca Foundry and Hitachi Metals Automotive Components USA (HMAC) was finalized. The merger solidifies Waupaca Foundry’s vision to increase revenue and profitability while maintaining diversity across markets and sectors.
Concurrent with the merger finalization, Waupaca Foundry also makes its three-year business plan public, which contains initiatives designed to accelerate global growth. The strategic initiatives are:
Produce 100% ductile iron castings at Waupaca Foundry, Etowah.
The Etowah, Tennessee foundry will exclusively produce ductile iron castings. Customer demand for ductile iron is growing—parts we can produce efficiently at Lawrenceville, PA, Marinette, WI, Tell City, IN and Etowah, TN.
Provide a machining solution and other value added services for strategic products.
Waupaca Foundry is developing partnerships to locate machining and assembly operations directly near our foundries to meet the needs of global customers who are requesting Tier 1 responsibilities from us.
Install a horizontal molding line in North America.
Waupaca Foundry has built a reputation on creating high quality, vertically-parted iron castings, but opportunities exist to grow with existing and new customers who want to simplify their supply chain. Plans are underway to locate a horizontal molding line at Waupaca Foundry Tell City (Indiana).
Locate a foundry in Mexico.
We are in the latter planning stages and intend to establish a footprint in Mexico to meet increasing demand. All options are open from new construction to brownfield or acquisition of an existing foundry.
Following our acquisition by Hitachi Metals Ltd., Waupaca Foundry and HMAC have been working to achieve synergies in North America to continuously improve and better serve our customers. This reorganization further unites Hitachi Metals' product design engineering expertise and materials development with Waupaca Foundry's manufacturing excellence. Our team is focused on delivering the most innovative products and technology to a growing base of global customers.
Together we are poised to supply the highest quality, cast and machined iron castings in the world and these changes present exciting opportunities not only for our customers, but for suppliers, and employees alike.