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Wm. J. Grede purchased Liberty Foundry in Wauwatosa, Wisconsin, beginning a successful foundry career.
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Grede Foundries celebrates 25th Anniversary.
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After World War II gray iron production was expanding and Grede opened Iron Mountain Foundry in Kingsford, Michigan.
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Grede expanded again, with the purchase of a small gray iron foundry in Reedsburg, Wisconsin. Reedsburg Foundry was quickly changed to ductile iron production.
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Burleigh Jacobs, the second generation to run the Company, became President. He continued its growth and stability by expanding marketing expertise.
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Wichita Foundry, in Wichita, Kansas, was acquired. The purchase of this foundry opened new ductile markets for industries in the southwestern part of the United States and provided new markets for existing gray iron and steel operations.
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Les Woehlke, son of Oscar Woehlke who was plant supervisor when the Liberty Foundry was purchased in 1920 became president of Grede Foundries, Inc.
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Grede acquired Greenwood Foundry, Greenwood, South Carolina, which expanded Grede's capacity to produce gray iron castings.
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Grede acquired Vassar Foundry in Vassar, Michigan, a shell mold foundry for precision castings.
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In 1987, Bruce Jacobs, third generation to assume leadership of Grede Foundries, reinforced the Company's commitment to the original Guiding Principles and in the pattern of expansion that has brought the Company success in recent years.
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The acquisition of New Castle Foundry, in central Indiana provided substantial new capacity to serve ductile iron customers.
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Formerly operating as a steel foundry, St. Cloud Foundry in Minnesota, was purchased and converted to ductile iron production.
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In continuing the founding family's commitment to Grede Foundries, W. Stewart Davis, a grandson of founder William J. Grede, was appointed Chairman of the Board. Burleigh E. Jacobs became Chairman Emeritus.
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