Grede Holdings LLC said Monday it would buy two foundries in Mexico, its first operations outside the United States. Based in Southfield, Mich., Grede operates the former Citation foundry in Brewton.

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Late last year, Michigan-based Grede LLC told workers at its 50-year-old foundry in Brewton, Alabama, that the company planned to shutter all manufacturing operations by the end of 2025. On April 1, ...

A nearly 50-year-old manufacturing plant in Alabama will be shutting down its operations in the coming month. Grede LLC, a metal casting company that manufactures automotive, commercial truck, and ...

, which acquired control after Citation filed for bankruptcy in 2007. The new firm will be 65 percent owned by Minnesota-based Wayzata, a $5 billion investment manager, and 35 percent owned by New ...

Grede Holdings, owner of a 250-employee foundry in Brewton, said Thursday that it has acquired a third machining operation. The company bought GTL Precision Patterns, which is near a Grede foundry in ...

Two ferrous foundry groups, Citation Corp. and Grede LLC, have completed a merger of their holdings, leading to the establishment of a new company, Grede Holdings LLC. The new organization will be ...

Grede LLC's Brewton, Alabama, manufacturing plant, operating since 1976, will close by year's end. The closure, impacting 220 employees, is attributed to the facility's inability to regain pre-COVID ...