Private equity firm, Oakland Standard Company, announced Damascus Steel Casting Com
Articles: Industry News
Annualized SinterCast CGI series production for the first two months of the year reached 3.1 million Engine Equivalents, providing a 5.4% year-on-year increase. The sampling volume at customer foundries remained stable at recent run-rates throughout February, providing a positive indication for foundry shipments into March, SinterCast AB reports.
03.23.20: Small foundries in all U.S. states eligible to apply for low-interest loans due to COVID-19
The Small Business Administration has created a comprehensive coronavirus page with all of its resources in one place. You can find that page here.
03.20.20: Bremen Castings now called BCI Solutions
Bremen Castings Inc. (Bremen, Indiana) unveiled March 17 on LinkedIn that it has a new name and website, BCI Solutions, www.bcisolutions.com.
AFS Corporate Member Benton Foundry (Benton, Pennsylvania) will be expanding its iron casting operations over the next three years, creating at least 40 new jobs, according to an announcement from Pennsylvania Governor Tom Wolf. Roughly 80,000 sq.ft. of manufacturing space will either be added, replaced or repurposed in the $21 million investment.
AFS Corporate Member ASK Chemicals (Dublin, Ohio) has partnered with Alfred University (Alfred, New York) to participate in a Lean Six Sigma project to improve efficiencies and promote operational safety compliance.
The manufacturing statistics class, instructed by Amanda Jadwin, toured ASK Chemicals as part of the focus on Lean Six Sigma and how it can benefit industry. The class partnered with ASK Chemicals to participate in a Lean Six Sigma project that is looking to improve efficiencies as well as safety.
02.24.20: Nemak finalist for PACE award
Nemak is a finalist for the upcoming PACE Awards, presented by Automotive News. Nemak was selected for its CPS casting process, and bringing "casting flexibilities to EVs." According to Automotive News, “Nemak is giving automakers greater design freedom to create electric drive units as more architectures go electric.
Tupy S.A., a Brazilian-based supplier of cast iron components, announced it agreed to purchase Fiat Chrysler’s global cast iron automotive components business, which is operated through FCA’s subsidiary Teksid S.p.A.
The transaction includes Teksid’s facilities in Brazil, Mexico, Poland and Portugal, plus Teksid’s interest in a joint venture in China, Teksid’s engineering office in Italy and the sales office in the U.S.
Tesla has filed another patent application to do with a metalcasting invention, this time for aluminum diecasting alloys. Last summer, the company had filed a patent application for a "multidirectional unibody casting machine for a vehicle frame and associated methods."
In this more recent application, Tesla claims to have invented new aluminum alloys with both high yield strength and conductivity as well as improved castability.
From the claim:
Mitsui Kinzoku Die-Casting Technology America is building a $20 million facility in Griffin, Georgia. The project is expected to create 30 jobs, with the potential for more as the plant expands.
“We are honored to locate our U.S. manufacturing site in the beautiful city of Griffin,” said Hiroyuki Nakazawa, president, Mitsui Kinzoku Die-Casting Technology Co. “MKDA will strive to be a company that is rooted in the local community.”
The facility will produce automotive products, focusing on ones for electric vehicles.