Reshoring and foreign direct investment (FDI) job announcements in 2022 were at the highest rate ever recorded, according to the Reshoring Initiative’s 2022 Data Report. The report said fourth-quarter announcements accelerated even more than anticipated due to the Chips and Infrastructure legislation and deglobalization trends.
Pending certain approvals, A.Y. McDonald Mfg. Co. will begin construction this year on a state-of-the-art brass foundry on a 100-acre parcel in the Southwest Wisconsin town of Dickeyville, which will be the largest project in the company’s 167-year history.
“In a time when most companies go where the best incentive packages take them, we made the commitment early on to build our next foundry where our current foundry co-workers live, and that is right here in the tri-state area,” said Rob McDonald, CEO of A.Y. McDonald Mfg. Co.
Modern Casting and Casting Source received two writing awards from the American Society of Business Publication Editors (ASBPE) at the Upper Midwest Region awards banquet in Chicago on April 13. Called the “AZBEES,” the awards recognize excellence in journalistic reporting for business-to-business and trade publications.
AFS Corporate Member Waupaca Foundry has expanded production capabilities at Plant 1 located in Waupaca, Wisconsin, adding horizontal molding to existing vertical molding capabilities. Installation on the new line began in February. To mark its new capabilities, the foundry held a “first pour” event on April 18.
The Federal Metal Co., a provider of copper-based cast alloys, is expanding its footprint into North Little Rock, Arkansas, where the company is building a new manufacturing facility to recycle post-consumer aluminum copper radiators. The company will invest approximately $17.8 million in its first Arkansas facility and create 40 new jobs within four years.
On March 30, Victaulic, a manufacturer of mechanical pipe joining, fire protection and flow control solutions, acquired Horizon Metals Inc., located in Nephi, Utah. Victaulic stated the addition of the 1.4-million sq.-ft. foundry increases its capacity for large-diameter piping solutions and is aligned with the strategy to manufacture these products in the U.S.
Embrace Software Inc., a provider of business software solutions, has acquired Guardian Software Systems, Inc. (“Guardian”), a developer of ERP and MES software tailored for the metalcasting and foundry industry. This acquisition will expand Embrace’s product offerings and strengthen its position in the manufacturing software market.
Pending certain approvals, A.Y. McDonald Mfg. Co. will begin construction this year on a state-of-the-art brass foundry on a 100-acre parcel in the Southwest Wisconsin town of Dickeyville, which will be the largest project in the company’s 167-year history.
“In a time when most companies go where the best incentive packages take them, we made the commitment early on to build our next foundry where our current foundry co-workers live, and that is right here in the tri-state area,” said Rob McDonald, CEO of A.Y. McDonald Mfg. Co.
General Motors recognized Ryobi Die Casting (USA), Inc. as a 2022 Supplier of the Year, which recognizes global suppliers that distinguish themselves by exceeding the automaker’s requirements and enabling it to providing customers with innovative technologies and high quality products. GM celebrated this fourth-time winner and all its honorees at its 31st annual Supplier of the Year event in San Antonio, Texas.
AFS Corporate Member Waupaca Foundry has expanded production capabilities at Plant 1 located in Waupaca, Wisconsin, adding horizontal molding to existing vertical molding capabilities. Installation on the new line began in February. To mark its new capabilities, the foundry held a “first pour” event on April 18.