GOSHEN — A metal-forming startup that will reuse the former Chassix plant in Bristol plans to get started with a bond of up to $40 million.

Wilmington, Delaware-based Brinco plans to open a steel casting plant at 51650 C.R. 133, where an automotive parts maker once employed close to 600 people. The new company will recycle scrap metal to make steel castings needed for the production of rail parts.

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