HMAC Merger w/Foundry Could Mean More Jobs in Effingham

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Published on February 20 2016 8:52 am
Last Updated on February 20 2016 8:52 am
Written by Greg Sapp

Waupaca Foundry, Inc. has announced it will merge with Hitachi Metals Automotive Components USA, LLC. 

The merger is part of a larger reorganization within Hitachi Metals Foundry America designe to position the integrated organization for growth and meet customer demand. 

Waupaca Foundry will assume the assets and liabilities of HMAC; both companies are currently subsidiaries of Hitachi Metals Foundry America. After the mergeer, HMAC will become a division of Waupaca Foundry, but will continue to operate under the HMAC name. Subject to customary conditions, the merger is expected to be complete on April 1.

As part of the merger, some of the workload in other operations in the system is expected to be transferred to the HMAC plant in Effingham, meaning more jobs locally.