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Grede Completes Acquisition of Industrial Foundry

Grede Holdings LLC has completed the acquisition of the foundry and machining assets of Paxton-Mitchell Corporation, an industrial foundry and machining facility in Omaha, Nebraska. The facility will be called Grede Omaha LLC.

The facility currently employs 75 people and is expected to expand in 2012 as additional business is transferred into Omaha from other Grede foundries.

Source: Grede Holdings LLC

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