Atchison Casting Corporation's Roll-Making Operations in England Put into Administration
September 10, 2003
(PRNewswire) Atchison Casting Corp., Atchison, Kan., a producer of iron, steel and nonferrous castings, announced that its U.K. subsidiaries (with the exception of Sheffield Forgemasters Engineering Ltd.) filed for administration on September 8, 2003. In England, administration proceedings allow an administrator to continue to operate the businesses while attempting to sell them in an orderly manner. PriceWaterhouseCoopers has been appointed as the administrator and is operating the cast roll-making operations of Sheffield Forgemasters Rolls while it markets these operations for sale in the proceeding. Atchison Casting intends to sell all of its U.K. operations (including Sheffield Forgemasters Engineering) for the highest value.