Grede completed the acquisition of the advanced cast products business of Neenah Enterprises.

Grede, a producer of highly engineered cast and machined iron components, completed the acquisition of the advanced cast products business of Neenah Enterprises, an independent foundry company. Financial terms were not disclosed. "We are pleased to have completed this sale, which is part of NEI's strategy to expand our Infrastructure business, invest in potential new lines, equipment, and upgrades, and maintain a more targeted Industrial business with customers in the agricultural, construction, defense, material handling, and mining industries," Tom Slabe, Neenah Enterprises President and CEO.