Grede Holdings LLC is an industry-leading manufacturer of gray and ductile iron castings. However, that wasn’t the case just a few years ago. In 2009, Grede Foundries Inc. and Citation Corp., the two companies that now make up Grede Holdings, were struggling through the recession. Douglas Grimm, who was CEO of Citation Corp. in 2008, saw potential in both companies and began considering combining forces to get through the downturn.

Source: Smart Business Network

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