Waupaca Foundry
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Waupaca Foundry
Waupaca Foundry, Inc., formerly known as ThyssenKrupp Waupaca, is among the world's largest independent iron foundries. 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 as well as plants in Marinette, Wisconsin, Tell City, Indiana, Effingham, Illinois, and Ironwood, Michigan, the foundry employs about 4,500 people. Previously owned by ThyssenKrupp, ThyssenKrupp Waupaca was purchased by New York-based private equity firm KPS Capital Partners. 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 ('' ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Ironwood, Michigan
Ironwood is a city in Gogebic County in the Upper Peninsula of the U.S. state of Michigan, about south of Lake Superior. The city is on US Highway 2 across the Montreal River from Hurley, Wisconsin. It is the westernmost city in Michigan, situated on the same line of longitude (90.2 degrees West) as Clinton, Iowa and St. Louis, Missouri. The population was 5,045 at the 2020 census, down from 5,387 at the 2010 census. The city is bordered by Ironwood Township to the north, but the two are administered automously. While originally an iron mining town, the area is now known for its downhill skiing resorts, including Big Powderhorn, Black River, Snow River, Mount Zion and Whitecap as well as its cross country skiing at the Wolverine Nordic Trail System and the ABR Nordic Center. Ironwood is home of the "World's Tallest Indian," a fiberglass statue of tribal leader Hiawatha. History Ironwood was settled in the spring of 1885. The town was incorporated as a village in 1887 ...
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Foundries In The United States
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 processed are aluminum and cast iron. However, other metals, such as bronze, brass, steel, magnesium, and zinc, are also used to produce castings in foundries. In this process, parts of desired shapes and sizes can be formed. Foundries are one of the largest contributors to the manufacturing recycling movement, melting and recasting millions of tons of scrap metal every year to create new durable goods. Moreover, many foundries use sand in their molding process. These foundries often use, recondition, and reuse sand, which is another form of recycling. Process In metalworking, casting involves pouring liquid metal into a mold, which contains a hollow cavity of the desired shape, and then allowing it to cool and solidify. The solidified pa ...
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1955 Establishments In Wisconsin
Events January * January 3 – José Ramón Guizado becomes president of Panama. * January 17 – , the first nuclear-powered submarine, puts to sea for the first time, from Groton, Connecticut. * January 18– 20 – Battle of Yijiangshan Islands: The Chinese Communist People's Liberation Army seizes the islands from the Republic of China (Taiwan). * January 22 – In the United States, The Pentagon announces a plan to develop intercontinental ballistic missiles (ICBMs), armed with nuclear weapons. * January 23 – The Sutton Coldfield rail crash kills 17, near Birmingham, England. * January 25 – The Presidium of the Supreme Soviet of the Soviet Union announces the end of the war between the USSR and Germany, which began during World War II in 1941. * January 28 – The United States Congress authorizes President Dwight D. Eisenhower to use force to protect Formosa from the People's Republic of China. February * February 10 – The United States Seventh Fleet helps t ...
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Thyssen AG
Thyssen was a major German steel producer founded by August Thyssen. The company merged with Friedrich Krupp AG Hoesch-Krupp to form ThyssenKrupp in 1999. History On 29 September 1891, August Thyssen and his brother Joseph Thyssen came to be in possession of all shares of ''Gewerkschaft Deutscher Kaiser'', a coal mining company. On 17 December 1891, the steelworks of the same company opened in Hamborn (today part of Duisburg). Subsequently, the plant was modernized and expanded by August Thyssen, becoming a vertically integrated company producing iron and steel and manufacturing ships, machines etc. After the First World War came the occupation of the Ruhr and the loss of many foreign interests; however the company remained viable. On 4 April 1926, August Thyssen died; his son, Fritz Thyssen became chairman of a new group ''Vereinigte Stahlwerke AG'' (United Steelworks) which was formed by a consortium of companies, with Thyssen representing 26% of the company's value. In ...
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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 Nissan Group, Nissan ''zaibatsu'' and later DKB Group and Fuyo Group of companies before DKB and Fuji Bank (the core Fuyo Group company) merged into the Mizuho Financial Group. As of 2020, Hitachi conducts business ranging from Information technology, IT, including Artificial intelligence, AI, the Internet of things, Internet of Things, and big data, to infrastructure. Hitachi is listed on the Tokyo Stock Exchange and Nagoya Stock Exchange and its Tokyo listing is a constituent of the Nikkei 225 and TOPIX Core30 indices. It is ranked 38th in the 2012 Fortune Global 500 and 129th in the 2012 Forbes Global 2000. History Hitachi was founded in 1910 by electrical engineer Namihei Odaira (1874–1951) in Ibaraki Prefecture. The company's firs ...
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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 Mid-Cap Fund ($1.02 billion). History The company was founded in 1991 by Eugene Keilin, Michael Psaros, and David Shapiro, hence the KPS name. KPS raised its first institutional fund in 1998. On May 6, 2019, KPS Capital Partners signed an agreement with Brunswick Corporation to purchase its fitness business valued at $490 million in an all cash transaction. In 2020, KPS completed five platform investments, including IKG (January 2020), Lufkin Industries (June 2020), Briggs & Stratton (September 2020), AM General (October 2020) and Hussey Copper (December 2020). In 2021, KPS announced the acquisition of the aluminum rolling business from Norsk Hydro and the EMEA food and consumer packaging business from Crown Holdings. Operations Th ...
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ThyssenKrupp
ThyssenKrupp AG (, ; stylized as thyssenkrupp) is a German industrial engineering and steel production multinational corporation, multinational Conglomerate (company), conglomerate. It is the result of the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg and Essen. The company claims to be one of the world's largest List of steel producers, steel producers, and it was ranked tenth-largest worldwide by revenue in 2015."The world's largest steel companies in 2015, based on revenue"
''Statista''
It is divided into 670 subsidiaries worldwide. The largest shareholders are Alfried Krupp von Bohlen und Halbach Foundation and Cevian Capital. ThyssenKrupp's products range from machines and indust ...
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Effingham, Illinois
Effingham is a city in and the county seat of Effingham County, Illinois, 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 city bills itself as "The Crossroads of Opportunity" because of its location at the intersection of two major Interstate highways: I-57 (IL), I-57 running from Chicago to Sikeston, Missouri, and I-70 (IL), I-70 running from Utah to Maryland. It is also served by U.S. Route 45, which runs from Ontonagon, Michigan to Mobile, Alabama, U.S. Route 40 in Illinois, U.S. Route 40, the historic National Road, which stretches from Atlantic City, New Jersey to Silver Summit, Utah, and Illinois Route 32, Illinois routes 32 and Illinois Route 33, 33 also run through the city. It is also a major railroad junction, the crossing of the Illinois Central main line from Chicago to Memphis with the Pennsylvania Railroad line from India ...
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Waupaca, Wisconsin
Waupaca is a city in and the county seat of Waupaca County, Wisconsin, Waupaca County in the U.S. state of Wisconsin. The population was 6,282 at the 2020 United States Census, 2020 census. The city is located mostly within the Waupaca (town), Wisconsin, Town of Waupaca, and it is politically independent of the town. A portion extends west into the adjacent Farmington, Waupaca County, Wisconsin, Town of Farmington, and there is also a noncontiguous area of the city in the Lind, Wisconsin, Town of Lind to the south. The city is divided into natural areas, city areas, and industrial areas. History Indigenous peoples of the Americas, Native American mound builder (people), mound builders lived in the area prior to European settlement. At one time there were 72 earthwork mounds in the area, some of them ancient prehistoric works. “Waupaca” is an Menominee word, Wāpahkoh, which means Place of Tomorrow Seen Clearly. For more than 10,000 years, the Menominee occupied about 10 m ...
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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 to a meeting in Cincinnati, Ohio, in November 1856. A group of Swiss-German immigrants met there to organize a society known as the "Swiss Colonization Society." Its purpose was to obtain affordable homesteads for mechanics, shopkeepers, factory workers and small farmers in a location where all could live in harmony. The Society decided to purchase a tract of land three miles (5 km) square to be surveyed into a city plot. The group sent out to purchase the land was told to keep in mind a healthful climate, fertile soil, good water, ample timber, and a location near a navigable river and a railroad, if possible. Purchase of such a site was made in July 1857. The tract, containing , was laid out in 392 town blocks with 7,328 building lo ...
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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 the city preserved as park. During the lumbering boom of the late 19th century, Marinette became the tenth-largest city in Wisconsin in 1900, reaching a peak population of 16,195. Marinette is the principal city of the Marinette, Wisconsin–Michigan Micropolitan Statistical Area, which includes all of Marinette County, Wisconsin and Menominee County, Michigan. The population was 10,968 at the 2010 census. Menominee, Michigan is across the river to the north, and the cities are connected by three bridges. Menominee and Marinette are sometimes described as the "twin cities" of the Menominee River. Name The town and county were named ''Marinette'' after Marie Antoinette Chevalier (1793, Langlade County, Wisconsin – 1865, Green Bay, Wisco ...
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