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Miller Centrifugal Casting Company History

Centrifugal Castings | Bi-MetallicWilliam H. Miller founded Miller Centrifugal Casting Co., in 1958. A true entrepreneur, Mr. Miller started his company as a one-man operation and grew it to the 50-employee facility that it is today. It was Mr. Miller’s desire to eventually have a company that could produce the largest and broadest range of centrifugal castings in North America. He eventually fulfilled that desire and decided it was time to retire.

In 1998, Mr. Miller sold the company to Acutus Gladwin Industries of Coraopolis, PA. AGi, as they were referred to, was a steel mill repair and rebuilding company with locations in the US, Canada and Australia. AGi had a sincere interest in Miller Centrifugal’s ferrous casting division and had hoped to incorporate Miller’s mill rolls into their rebuilding and repair services. Unfortunately, with the declining steel industry in the United States, AGi was forced to seek bankruptcy protection by filing chapter 11 in December of 2001.

As part of AGi’s restructuring effort, Miller Centrifugal Casting was put up for auction in March 2002. Miller Centrifugal was purchased by MCC Holdings, LLC in April 2002.

MCC Holdings, LLC, is comprised of Birchmere Capital, LP of Wexford, PA and Wilder-Deem of NY, New York. Birchmere Capital LP is a private equity group that targets acquisitions in middle market manufacturing, distribution, service and financial companies. Wilder-Deem is a consulting and investment firm whose other steel related holding is Damascus Steel Castings, located in New Brighton, PA.

Birchmere’s managing principal, Dick Stover says, “We believe Miller Centrifugal has a promising future. It’s ability to process a diversity of high quality metal castings in a wide-size range, gives the company a competitive advantage within the marketplace”

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