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Waupaca Foundry Announces Acquisition Agreement

Monomoy Agrees to Acquire Waupaca Foundry
Proterial, Ltd. (“Proterial”), a leading international producer of high-performance materials for mobility, industrial infrastructure, and electronics, today announced the signing of a definitive agreement for Monomoy Capital Partners (“Monomoy”) to acquire Waupaca Foundry, Inc. (“Waupaca Foundry” or the “Company”), North America’s leading supplier of cast and machined iron castings. Waupaca Foundry will continue to operate under its current management team, led by President, CEO, and COO Michael Nikolai. Financial terms of the private transaction were not disclosed.

Joint Media Statement From Waupaca Foundry And Stewart Industrial

JOINT MEDIA STATEMENT FROM WAUPACA FOUNDRY AND STEWART INDUSTRIAL
Representatives of Stewart Industrial and Waupaca Foundry are distressed by this weekend’s fatal incident at the Tell City, IN plant. Bobby E. Felty, 45, of Owensboro, Ky., was an employee of Stewart Industrial and died Saturday after a fall in the foundry.