Renaissance Manufacturing Group was established as a company to create a manufacturing organization that will re-invest in People, Plant and Processes to create a long term legacy company that will better the quality of life for those associated.
We wish to grow organically with like-minded customers, fitting our processes with their needs – i.e. volumes, costing, requirements.
We will implement and communicate detailed operational and financial metrics throughout the operation. We will hire / engage managers who share and have these operational experiences.
On April 30, 2015 Navistar sold its Waukesha foundry operation to Renaissance Manufacturing Group. The sale reflects Navistar’s enterprise-wide focus on reducing fixed costs and returning Navistar to profitability.
“Over the past two years, we have taken numerous steps to strengthen our core North American truck business and position Navistar for long-term profitability,” said Bill Osborne, senior vice president, Global Manufacturing and Quality. “After a comprehensive review, we determined that while the Waukesha foundry is important, it is not core to our business. This action will help improve Navistar’s manufacturing capacity utilization, reduce our fixed costs, and position the company for a return to profitability.”
A small, privately owned company, Renaissance Manufacturing Group has retained most of the Waukesha workforce to continue producing ductile iron components for the commercial vehicle and engine industry.
The Waukesha facility has been an operating foundry since 1896 and was operated by the U.S. government during World War II. International Harvester acquired the operation in 1946 and it produced castings for IH assembly plants. It transitioned to ductile iron in 1981 to supply castings to Navistar, and in 2009, its name was formally changed to Pure Power Technologies and expanded its customer base to include other original equipment manufacturers (OEMs).