US-based aluminum and copper-based alloy caster, Wisconsin Aluminum Foundry (WAF) is expanding production through its acquisition of Wabash Castings assets in Wabash, Indiana.
Wabash is a producer of high-volume, complex castings, and will supplement the aluminum foundry’s existing scope of production lines, WAF said in a news release on Mar 31.
The acquisition is anticipated to fast-track WAF’s electric vehicle and consumer goods markets, the company indicated. The Wabash Castings brand name will remain and WAF management plans to extend retirement along with other benefits for the former’s employees, while also developing solid relationships in the local area.
The recent development follows the company’s prior expansion in Manitowoc near the end of 2020. In December, WAF revealed plans to hire approximately 25 employees for its finishing and foundry divisions and machine shop affiliate due to growing demand for aluminum products.
The operation has close to 400 employees at its Manitowoc site while the Wabash facility had near 100 workers with further growth plans.
Family-owned Wisconsin Aluminum Foundry provides for several industries since 1909 by delivering high-quality aluminum and copper-based alloy castings.