Thursday, Jul 28, 2016
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Pennsylvania firm buys Wauseon plant assets

WAUSEON A Washington, Pa., steel firm has purchased half of the assets of a Wauseon steel plant and plans to move some equipment from Fulton County to facilities in Pennsylvania and Illinois.

Precision Marshall Steel acquired assets of Koncor Industries, a division of Latrobe Specialty Steel, last week. Koncor made precision ground products from tool, die, and high-speed steels, and its work will be consolidated into Precision s plants.

Reached yesterday, a plant spokesman could not say how many jobs would be lost, but said Latrobe s other local operations would remain.

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