Released on August 25, 2010

Chicago Aluminum Castings Co., Chicago, has reopened under new ownership, less than one month after confirming its closing.

Richard Wagner, owner of Wagner Foundry, Chicago, purchased the metalcasting facility and its assets, including its equipment and customer list, in late July and is now operating the business as usual.

“It is back to normal,” Wagner said.

Chicago Aluminum’s previous owner and president, Harold Horton, said in early July he was closing the business after 100 years of operation and that he would be seeking a buyer in the coming weeks.

Chicago Aluminum provides components up to 120 lbs. to a variety of end-use markets, including food processing, machine tool manufacture and scientific instrument manufacture. The company pours castings in multiple aluminum alloys out of a 14,000-sq.-ft. metalcasting facility operating both manual and automatic green sand molding lines. The company offers heat treating and machining and specializes in mold inserts.