An affiliate of White Plains, New York-based Reich Brothers LLC bid $29.7 million Friday for the Columbus Castings’ assets, the Columbus (Ohio) Business Journal reported today. The bid bested an offer of $28.1 million by an entity named Columbus Operations LLC. The auction could mark the end of a swift revival and fall for the Parsons Avenue plant of Columbus Castings, which has counted a variety of owners and names over its decades but remained a constant presence on the southern edge of Columbus. The plant’s operators in April warned its nearly 800 employees that they could lose their jobs as the plant’s holding company prepared for chapter 11 bankruptcy reorganization, which it filed in May. A planned private sale for the plant fell through in June.
