No Longer Captive, The Foundry Is Set Free
In 1988, Cincinnati Milacron, Inc. restructured and reorganized the company, leading to the sale of the Met-Fab Division facility including the Oakley foundry. In the previous ten-year period Milacron had invested over $8 million in the 400,000-square-foot (37,000 m2) plant. The sale meant that the long history of the Foundry products operations (Cincinnati Milling Machine) came to a close - but - the modernized New Foundry would now be a metalcasting operation that supplies many companies and customers with a full range of gray and ductile iron castings. Named Cast-Fab Technologies, Inc., this foundry continues in operation today supplying castings for customers around the world.
As of the end of the year 2012, the entire 100-acre site once holding the Cincinnati Milling Machine Company has been cleared to bare ground.
Read more about this topic: Foundry Products Operations (Cincinnati Milling Machine)
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