Waupaca Foundry: Earns higher power award

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Inc. Magazine recognizes nation’s leading job creators

Waupaca, WI (Oct. 24 2013) – Waupaca Foundry is featured in the second annual Inc. Magazine Hire Power Awards, recognizing the private businesses that have generated the most jobs in the past 18 months. From January 1, 2012 to June 30, 2013, Waupaca Foundry generated 414 jobs placing first among Wisconsin honorees and ranking 29th among job creators nationally. Waupaca Foundry operates four plants in Wisconsin, one plant each in Tell City, Indiana and Etowah, Tennessee and employs more than 3,700 nationally.

Foundry leaders attribute steady job growth to strong demand from customers. “Manufacturers in markets we serve are realizing increased demand from their customers,” said Gary Gigante, President and CEO of Waupaca Foundry. “Their production increases have required us to expand our workforce in an industry that’s helping to lead the economic recovery. Waupaca Foundry added positions in electrical maintenance, mechanical engineering, quality control technicians, and other production related positions, “We offer skilled jobs at competitive wages and have one of the highest retention rates in the industry. We’re proud of our people and they make us the company we are,” Gigante said.

“For the second year in a row, we are pleased to recognize the employers who are putting Americans back to work,” said Eric Schurenberg, Editor-in-Chief of Inc. Magazine. “The Hire Power Awards pay tribute to company founders not just for their business prowess but also for their immense contribution to the welfare of U.S. workers and the vitality of the U.S. economy.”

The awards honor 100 private growth companies found across the country in 25 categories. Companies must have been founded in 2011 or earlier and have employed at least 10 full-time US-based employees as of December 31, 2012. An award ceremony, sponsored by Bank of America Merrill Lynch, will take place November 12, 2013 in San Francisco.

About Waupaca Foundry
Inc. Waupaca Foundry, Inc., the largest iron foundry company in the world, produces gray iron castings and ductile iron castings using state-of-the-art technology. Waupaca is North America’s leading supplier of iron castings to the automotive, commercial vehicle, agriculture, construction, and industrial markets. Headquartered in Waupaca, Wisconsin, the iron metal caster operates six manufacturing facilities, located in Waupaca, Wisconsin (3 individual sites), Marinette, Wisconsin, Tell City, Indiana, and Etowah, Tennessee. Waupaca employs approximately 3,700 people. For more information, visit www.waupacafoundry.com.

About Inc.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.

Eligibility: The Inc. Hire Power Awards is for US-based, private companies (both for profit and non-profit). Companies must have been founded in 2007 or earlier and have employed at least 50 full-time US-based employees as of December 31, 2011. All applicants must complete Inc.’s Employee Verification Report, signed by both the CEO and the company’s head of HR. Companies with 100 or more employees must also include their 2011 EEO Employer Information Report. Award categories include most jobs created in the U.S., most jobs created by state, most jobs created by industry, highest employee growth percentage, and highest employee growth by revenue category (under $2MM, $2-5MM , $5-10MM, $10-20MM, $20-50MM, $50-100MM, $100-250MM, $250-500MM $500MM-$1B, $1B+ ).