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30-year wait to underground utility lines is nearly over | Historic Asian American bookshop closing

Pacific Steel Casting

Posted inCrime & Safety

Pair arrested on suspicion of copper wire theft at Pacific Steel Casting

Avatar photo by Emilie Raguso Jan. 28, 2020, 11:58 a.m.August 4, 2022

Berkeley police officers arrested a man and woman Monday morning after catching them stripping copper wire at Pacific Steel Casting, authorities report.

Posted inCity

Buyers of Pacific Steel Casting ‘looted’ its assets, made ‘insider deals,’ according to bankruptcy trustee

Avatar photo by Frances Dinkelspiel Nov. 07, 2019, 1:11 p.m.August 4, 2022

The Speyside Fund and Speyside Equity, among others, should return the $14.5 million it took in distributions so the money can go to pay worker pension funds and other debts, a legal filing contends.

Posted inHousing & Development

A vision for Berkeley’s old Pacific Steel Casting site: A hub for industrial innovation

Avatar photo by Frances Dinkelspiel March 06, 2019, 3:34 p.m.August 4, 2022

Dozens gathered to discuss what should be done with the 8.3-acre site near Second Street. Most said it must be preserved for manufacturing uses to keep Berkeley a diverse place in which to live.

bankruptcy court hearing with people standing and sitting around a table
Posted inBusiness

Pacific Steel Casting Company finances revealed during bankruptcy hearing

Avatar photo by Frances Dinkelspiel March 05, 2019, 10:00 a.m.August 4, 2022

The equity firm that bought the company in 2014 only put $2.5 million of its own funds into the business, but took out $11.25 million in distributions, according to Pacific Steel Casting’s vice-president of finance.

Posted inBusiness

Pacific Steel Casting files for bankruptcy. Top executives get paid, but workers don’t get severance

Avatar photo by Frances Dinkelspiel Feb. 04, 2019, 2:30 p.m.August 4, 2022

The 84-year old company said as early as 2017 that it had to shut down because of financial issues. It repaid the equity firm that bought it $3.8M in 2018, but none of the workers got severance pay.

Posted inBusiness

Berkeley’s shuttered Pacific Steel owes around $1M in severance pay to workers

Avatar photo by Frances Dinkelspiel Nov. 21, 2018, 10:51 a.m.October 4, 2022

The company did reach a settlement to pay off hundreds of thousands of dollars it owed to workers’ health and pension funds.

Posted inBusiness

Berkeley wants input on Pacific Steel Casting plant’s future

Avatar photo by Frances Dinkelspiel Nov. 08, 2018, 12:00 p.m.August 4, 2022

The land is zoned for manufacturing and the city wants to hear ideas about how to convert it from heavy industrial use. That will also make it easier to sell.

Posted inBusiness

End of an era: Berkeley’s Pacific Steel Casting shuts down after 84 years

Avatar photo by Frances Dinkelspiel Sept. 06, 2018, 11:00 a.m.August 4, 2022

The closure of the city’s last big “smokestack” factory means the end of well-paid union jobs. But it also means neighbors will no longer be bothered by a ‘burnt pot handle’ smell.

Posted inBusiness

Temporary reprieve for workers: Pacific Steel Casting to remain open through March

Avatar photo by Frances Dinkelspiel Dec. 12, 2017, 3:30 p.m.October 4, 2022

Business has picked up at the 83-year-old company, one of Berkeley’s last remaining heavy industrial plants.

Posted inBusiness

As Pacific Steel in Berkeley plans shut-down, union sues for unpaid benefits

Avatar photo by Frances Dinkelspiel Nov. 02, 2017, 2:30 p.m.August 4, 2022

The union representing the workers at Pacific Steel Casting, which is closing after 83 years in business, says the company is late on pension and health payments.

Posted inBusiness

Berkeley’s Pacific Steel Casting to close after 83 years in business

Avatar photo by Frances Dinkelspiel Oct. 17, 2017, 4:45 p.m.August 4, 2022

The company has been operating in West Berkeley since 1934 and once employed more than 400 people.

Posted inOpinion

Op-ed: Concerned about health risks posed by Berkeley’s Pacific Steel Casting? Deadline for voicing them is Jan. 19

by Janice Schroeder Jan. 14, 2017, 1:01 p.m.August 4, 2022

The facility emits “tens of tons of harmful air pollutants each year, including sulphur oxide, nitrogen oxide, carbon monoxide, and particulate matter, commonly known as soot.”

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