General Motors Co. and Lithium Americas Corp. plan to jointly develop the Thacker Pass mine in Nevada, the largest known source of lithium in the U.S. and the third largest in the world. Under their agreement, GM will make a $650 million equity investment in Lithium Americas—the largest-ever investment by an automaker to produce battery raw materials.
Articles: Industry News
02.28.23: Calderys becomes standalone company
Calderys, a provider of refractory products and services for the casting industry, has become an independent company following its acquisition by U.S.-based Platinum Equity. Paris-based Calderys will encompass the full scope of the High Temperature Solutions business area formerly under Imerys.
Calderys comprises a global network of experts and 36 industrial sites in 16 countries.
A Missouri University of Science and Technology research team was recently awarded a $2 million grant from the U.S. Department of Energy to research technologies to improve the operating efficiency of electric arc furnaces (EAFs) used for steelmaking.
Godfrey & Wing, which manufactures and supplies equipment, sealants, and services to seal porous materials, has expanded vacuum impregnation production capacity at its North American service centers. The focus of this growth is to help manufacturers ensure part performance and build their business profitability in 2023 and the future.
AFS Corporate Member Le Sueur Inc. (LSI), a supplier of complex and pressure-tight aluminum castings and plastic injection molding components based in Le Sueur, Minnesota, has been acquired by Delos Capital and The Silverfern Group.
The international quartet of metal fairs GIFA, METEC, THERMPROCESS and NEWCAST will take place June 12-16, but exhibitors can register online now for booth space, the events company Messe Düsseldorf announced.
AFS Corporate Member General Motors Co. plans to invest $918 million in four U.S. manufacturing sites for V-8 engine production and electric vehicle (EV) components, the company said on January 20, which includes $55 million for casting operations. The announcement brings GM’s U.S.
Dakota Foundry, an Anderson Industries Company located in Webster, South Dakota, has acquired the MAGMASOFT Autonomous Engineering tools to further advance its innovation and support production of complex, high-quality iron castings.
AFS Corporate Member The Lawton Standard Co. has recently added American Iron & Alloys, LLC (AIA), located in Waukesha, Wisconsin, to the Lawton Standard family as part of its expansion strategy. AIA processes and distributes continuous cast iron, bronze bar, tubing, and other metal components. It also provides metal finishing and other services to the North American market. AIA primarily focuses on ductile and gray iron in round, square, and rectangular bars under the well-known Versa-Bar brand. The bars can be processed into cut-length, tubed, milled, or slit to plate configurations.
Amsted Global Solutions (AGS), part of AFS Corporate Member Amsted Rail, announced an agreement October 27 by which it has become the exclusive distributor for all manganese steel wear products made by the Frog, Switch & Manufacturing Company (Frog Switch). Chicago-based AGS is a supplier of large, highly complex castings, springs, and components for industrial applications.