Faircast Inc., an iron foundry in Fairfield, Iowa, filed a Worker Adjustment and Retraining Notice (WARN) dated March 12 with the Iowa Department of Workforce Development, indicating that plans to close the operation. The foundry has made no statement on the filing nor its plans for closing.
Local news reports indicate 88 individuals’ positions will be eliminated.
The federal The Worker Adjustment and Retraining Notification (WARN) Act requires employers with 100 or more employees to give 60 calendar day written notice of plans to close or implement a large-scale reduction in their workforce.
The green sand casting foundry was launched in 1903 and operated under various names through the 20th century.
Faircast Inc. was established in 2017 following the reorganization of Fairfield Casting LLC, previously known as Dexter Foundry Inc. It listed a production capacity of 170,000 tons/year for parts ranging from 1 to 100 lbs., for pump housing, drums, agricultural machinery, construction equipment, railroad systems, and similar applications.