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Hitachi Metals Inc.
19 Aug 2014
Hitachi Metals Ltd. (5486) will pursue more mergers and acquisitions after unveiling plans to pay $1.3 billion for Wisconsin-based Waupaca Foundry Inc., the largest-ever purchase for the Japanese specialty metals producer. Read More
Hitachi Metals buys Waupaca Foundry, Inc.Aug 19 2014
A Japanese automotive supplier is buying Waupaca Foundry, Inc., the world’s largest producer of ductile iron and gray iron castings which operates a foundry in Etowah, Tenn. Hitachi Metals, Ltd. said today it has signed an agreement to acquire Waupaca from its current owner, KPS Capital Partners, LP (KPS),...
CALHOUN, Tenn. — Resolute Forest Products today launched a $105 million expansion of its pulp and paper mill that officials said positions the McMinn County factory for the future. Richard Garneau, chief executive of the Montreal, Canada-based company that took over the former Bowater plant here, said the work...
Waupaca Being Sold to HitachiAug 19 2014
WAUPACA, Wis. - Waupaca Foundry, Inc., announced today that Hitachi Metals, Ltd., has signed an agreement to buy the company, including its Etowah plant, from its current owner, KPS Capital Partners, a New York-based private-equity firm. The Wall Street Journal reports Hitachi is paying $1.3 billion in cash for the...