Released on July 31, 2010

Dalian Huarui Heavy Industry Steel Casting Co. Ltd., Liaoning, China, plans to invest nearly $86 million to enhance its ductile iron casting, ship propeller manufacturing and forging facilities, according to a press release issued by the China Foundry Association.

The company’s iron casting production capacity will be expanded through the investment of $36.9 million. The ship propeller operation will receive $42.7 million, and the forging facility will be upgraded with $6.27 million.

According to the China Foundry Association release, Dalian’s large ductile iron casting plant, commissioned in November 2008, has reached full capacity at 40,000 tons per year. The company primarily makes castings for 1.5 MW, 2 MW and 3 MW wind turbines and would like to develop castings for higher powered turbines. Dalian expects the expansion to increase capacity by 100% and be completed in two years.

The company announced its ship propeller project is still in the initial stages. When the upgrade is completed, Dalian expects its ship propeller production capacity to reach 8,000 tons annually.