KPS sold AmeriCast Technologies, Inc. to Castle Harlan, Inc., for $110 million in November 2006. Financial terms of the transaction were not disclosed.

Headquartered in Atchinson, Kansas, AmeriCast Technologies, Inc., (“AmeriCast”) is a world leader in the design, manufacture and supply of highly-engineered steel and iron sand castings, machined components and assemblies. AmeriCast casts large and difficult-to-manufacture parts and is a critical supplier to Fortune 50 manufacturers in the locomotive, mass transit, mining, construction and heavy-duty truck industries. With over 1,000 employees, AmeriCast operates four manufacturing facilities and one service organization across the country.


KPS Special Situations Fund II created AmeriCast to purchase certain operating assets of Atchison Casting Corporation, pursuant to a section 363 sale of assets in a Chapter 11 bankruptcy proceeding.

Very important to the success of the investment was the support of the United Steelworkers Union and the Glass, Molders and Pottery Workers Union.

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