Mining executive buys majority shares of Oberg Industries
Cliff Forrest III, left, owner of Rosebud Mining Co. of Kittanning, bought controlling interest in Oberg Industries on December 5, 2018.
After taking over Pittsburgh Brewing Co. at the start of this year, the owner of a local mining operation has expanded into precision manufacturing.
Cliff Forrest III, owner of Rosebud Mining Co. of Kittanning, bought controlling interest in Oberg Industries of Freeport, according to Ken Eck, a corporate communications manager for Oberg.
Forrest announced the news to Oberg employees in both Sarver and Freeport Tuesday.
The company will now operate as a partnership between Eric Oberg and Forrest with Oberg remaining as a minority shareholder. Oberg is the son of Don Oberg, the company's founder.
Read more about this story in Thursday's Butler Eagle.