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2014-08-19 04:21:04

NEW YORK, Aug. 19, 2014 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it signed a definitive agreement, through an affiliate, to sell its portfolio company Waupaca Foundry, Inc. ("Waupaca" or the "Company") to Hitachi Metals, Ltd. ("Hitachi Metals", TSE: 5486) for $1.3 billion in cash. Waupaca is the largest iron foundry company in the world, producing gray and ductile iron castings using state-of-the-art technology. The Company is North America's leading...


Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.