Madison-Kipp Corporation Expands Manufacturing Capacity to Richmond, Indiana

Apr 16, 2021

MADISON, Wis., April 16, 2021 /PRNewswire/ -- Madison-Kipp Corporation (MKC) (www.madison-kipp.com), a leading supplier of high pressure die cast aluminum parts announced on April 13, 2021 that it has acquired the assets of a Richmond, Indiana die cast facility, which expands the geographic footprint and allows the company to better serve its customers.

This recently consummated transaction is part of a program to enhance the company's manufacturing capabilities and combined with the recent addition of seasoned leaders in engineering and manufacturing, MKC will now have the capacity to remain as a highly reliable and technically sophisticated supplier of complex parts to new and current customers. This addition also brings the opportunity for supply chain optimization for certain customers. Tim Kaderabek, President and CEO stated, "We are excited to add the Richmond facility, which allows us to expand our die cast tonnage range, machining and assembly capacity at Madison-Kipp.  We have the personnel, technical competence, financial resources and production capacity to remain as a best-in-class supplier to our customers."

Under the direction and financial sponsorship of PineBridge Capital, and the leadership of Kaderabek, MKC is strategically positioned for growth while enjoying continued financial stability.

About Madison-Kipp Corporation
Established in 1898, Madison-Kipp Corporation is a leading producer of lightweight, high-pressure aluminum die castings, precision machined components, and system subassemblies for customers in the transportation, industrial, lawn and garden, and recreational OEM markets.  Madison-Kipp designs and manufactures a broad array of highly engineered components and assemblies with diverse applications for customers in various OEM markets.  

About PineBridge Investments
PineBridge Investments is a private, global asset manager focused on active, high-conviction investing. We draw on the collective power of our experts in each discipline, market, and region of the world through an open culture of collaboration designed to identify the best ideas. Our mission is to exceed clients' expectations on every level, every day. As of 31 December 2020, the firm managed US$126.3 billion across global asset classes for sophisticated investors around the world.  PineBridge's Private Capital group makes investments in senior debt and structured capital for middle market companies in a variety of industries.

Media Contact:
Stephanie Lauth
608-242-5244

[email protected]
 

SOURCE Madison-Kipp Corporation

More News

DFA urges delay in implementing P1.5K passport fee until 2028
Sep 18, 2026
DFA urges delay in implementing P1.5K passport fee until 2028

The printing agency responsible for producing Philippine passports is seeking a price increase, but Department of Foreign Affairs (DFA) Secretary Theresa Lazaro said the agency has been asked to defer the proposed hike until 2028.

UP Diliman body condemns ‘violent dispersal’ at rally vs Pax Silica
Sep 18, 2026
UP Diliman body condemns ‘violent dispersal’ at rally vs Pax Silica

MANILA, Philippines — A University of the Philippines (UP) Diliman committee condemned the alleged violent dispersal by the Philippine National Police (PNP) of a rally decrying Pax Silica. “We hold the Philippine government and the PNP to account for this blatant violation of the right to free assembly and speech,” the UP Diliman committee on

'Go die back home': Thai PM orders governors to speed up deportation of offending foreigners
Sep 18, 2026
'Go die back home': Thai PM orders governors to speed up deportation of offending foreigners

Thai Prime Minister and Interior Minister Anutin Charnvirakul has instructed provincial governors to use their legal authority to swiftly deport foreigners who exploit, threaten, or engage in unacceptable conduct toward Thai citizens.

For Aznar Shipping, going public means growth – and dodging third-gen curse
Sep 18, 2026
For Aznar Shipping, going public means growth – and dodging third-gen curse

'My main job is really to hand it over to the next gen,' the third-generation Aznar tells Rappler. 'Looking at the IPO process, the requirements, the standards that you are held to, it really coincided with my interest.'

Avoid sharing videos, unverified info on Banga School shooting, DICT warns
Sep 18, 2026
Avoid sharing videos, unverified info on Banga School shooting, DICT warns

The Department of Information and Communications Technology (DICT) on Friday called on the public not to share graphic videos and images, as well as unverified information on social media concerning the school shooting incident in Banga, South Cotabato.

Quezon priest urges DOE review of Atimonan coal plant project
Sep 18, 2026
Quezon priest urges DOE review of Atimonan coal plant project

LUCENA CITY — A Catholic priest and environmental advocate has urged the Department of Energy (DOE) to conduct a fresh, thorough review of the proposed 1,200-megawatt coal-fired power plant in Atimonan, Quezon, along the coast of Lamon Bay. Fr. Warren Puno, convenor of Quezon for Environment (QUEEN) and director of the Ministry of Ecology at

Child rights advocates raise concerns over online safety bill
Sep 18, 2026
Child rights advocates raise concerns over online safety bill

MANILA, Philippines — Children’s rights advocates on Thursday welcomed the House of Representatives’ approval of the substitute bill for the Children’s Social Media and Online Gaming Safety Act but raised concerns over provisions requiring parental consent for children to access social media and restricting short-form videos. The House Committee on Welfare of Children approved the

Najib's conditional pardon only applies to SRC International case - AG
Sep 18, 2026
Najib's conditional pardon only applies to SRC International case - AG

Ex-PM still facing several other criminal charges in court.

Dengue deaths reach 17 in Negros Occidental, Bacolod
Sep 18, 2026
Dengue deaths reach 17 in Negros Occidental, Bacolod

BACOLOD CITY — Seventeen people have died of dengue-related complications in Negros Occidental and Bacolod City this year, including 11 deaths reported by the Provincial Health Office (PHO) in the province and five in Bacolod City. The PHO report released Thursday did not yet include the death of an 11-year-old boy who succumbed to dengue

FACT CHECK: No evidence Romualdez has stage 4 cancer
Sep 18, 2026
FACT CHECK: No evidence Romualdez has stage 4 cancer

The lawmaker is reportedly suffering from illnesses such as sleep apnea, hypertension, diabetes, and major depressive disorder — not cancer

Ombudsman probes 'ghost internet' scheme in government
Sep 18, 2026
Ombudsman probes 'ghost internet' scheme in government

The Office of the Ombudsman is investigating a “ghost internet” scheme involving the government"s Information Technology (IT) system allegedly rigged with substandard, if not fake software, Assistant Ombudsman Mico Clavano said.

Baguio artist sets Guinness record with giant mandala
Sep 18, 2026
Baguio artist sets Guinness record with giant mandala

BAGUIO CITY — The Baguio migrant, who became celebrated for producing giant crocheted mandalas, has set a Guinness World Record.  Adelaida Guia was notified by email on Thursday that she had officially set the record for single-handedly crocheting a massive mandala with a total area of 29 square meters or about 6 meters in diameter.

YOUR NEWS, OUR NETWORK.

Do you have Great News you want to tell the world?

Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.

Voice of KL

We may be unheard, but things are different now. Voice of KL represents the voice of Malaysians who want you to discover the beautiful and developed city of Malaysia.