Ferroglobe PLC, a global producer of silicon metal and ferroalloys, and Coreshell, a U.S.-based battery technology company, have signed a memorandum of understanding for the purpose of producing the first battery-ready metallurgical silicon for the development of low-cost, high-range EV batteries in compliance with the U.S. Inflation Reduction Act.
Articles: Industry News
04.12.24: GE Aerospace to Invest Over $650 Million
GE Aerospace announced plans to invest $650 million in its manufacturing facilities and supply chain this year to increase production and strengthen quality to better support its commercial and defense customers.
The American Foundry Society has received a $4 million federal appropriation to conduct essential aluminum-casting performance research. The funding is part of the package approved by Congress in March and signed into law by the president.
The Aluminum Casting Performance Initiative will launch with three key research projects: (1) New aluminum alloy developments/approvals for Department of Defense applications, (2) Development of enhanced artificial intelligence tools, and (3) Development of simulation capability tool for quality enhancement.
AFS Corporate Member Expert Cores of Wisconsin in Milwaukee has completed a multiyear upgrade to its operating system. This includes sand recipe management, sand mixer upgrades to both of their mixers and a new monitoring system for their sand silo.
At the end of 2023, the company completed replacement of its barcode system used for recipe identification on the mixer with an advanced data management system. Engineering services, PLC, software development, and hardware solutions were provided by MT Systems, Inc.
AFS Corporate Member ASK Chemicals, Hilden, Germany, has achieved a significant reduction in waste and resource by utilizing production side streams as a raw material source to develop new product formulations.
Bodycote, a UK-based heat treatment and thermal processes company, has acquired Lake City Heat Treating in Warsaw, Indiana, a medical market provider of hot isostatic pressing (HIP) and vacuum heat treatment services, primarily supplying the orthopedic implant market as well as civil aerospace.
Lake City Heat Treating is forecast to have achieved 2023 full year revenues of about $14 million. The business revenue grew 30% in 2023 and looking ahead is expected to continue to deliver good progress.
03.07.24: Wisconsin Aluminum Invests $1.5 Million at Wabash Castings, Reduces Environmental Footprint
Wabash Castings Inc., Wabash, Indiana, has installed a new, $1.5 million JOEST Complete Shaker System that will improve operations and reduce landfill waste. The new shaker system allows the aluminum casting manufacturer to reclaim and reuse approximately 500 tons of sand per month, removing it from the landfill stream.
AFS Corporate Member Aalberts surface technologies, a global provider of specialized thermal processing, surface treatment, and material coating solutions, has made investments in its Canton, Ohio facility to add austempering capabilities that will provide a logistically favorable option to customers located in the Midwest, Eastern, and Northeastern U.S. markets. To balance the capacity available in the market with demand, the company will be closing its plant in Fort Smith, Arkansas.
AFS Corporate Member Metal Technologies Inc. (MTI) of Auburn, Indiana, has acquired Key 3 Casting LLC, which owns and operates two aluminum die and squeeze casting facilities as well as a ductile iron foundry.
The facilities involved in the sale include Jackson Die Casting LLC in Jackson, Tennessee; Minneapolis Die Casting LLC in Minneapolis; and Northern Foundry in Hibbing, Minnesota. The combined operations have approximately $74 million in annual sales and 300 employees.
Skuld LLC has purchased the site belonging to the former Champion Foundry in Piqua, Ohio. Champion Foundry a gray and iron foundry closed in March 2017.