Citation Corp. announced Thursday morning that it will close its Butler permanent and semi-permanent aluminum molding operations by the end of July.
It is transferring its production and equipment to foundries in Bristol, Ind., and Milwaukee, Wis., owned by Diversified Machining Inc.
“Exiting permanent and semi-permanent molding allows us to focus on the growing sectors of our foundry business,” Citation’s Chief Executive Officer Doug Grimm said in a written statement. “This strategic decision supports capital investments we’ve made in our ductile iron and die casting businesses and positions Citation to better support our customers served by these core business areas.”
Citation employs 138 people at its Butler facility, which manufactures permanent molded aluminum suspension and brake components for the automotive industry. Gradual reductions are planned to begin in May, the statement said.