Industry News

Canekast, Inc. buys Cushman Foundry

Cushman Foundry, Blue Ash, Ohio, was acquired in January by AFS Corporate Member CaneKast. Cushman Foundry’s history stretches back over 30 years as an independent producer of high-quality aluminum castings for many industries, including the fire suppression, industrial fan, and control markets. Before that, Cushman Foundry was a captive facility for one of the current company’s largest customers. 

Farrar invests in upgrades

AFS Corporate Member Farrar Corporation will be installing a new molding line this spring to increase capacity and improve efficiency at its ductile iron sand casting operation in Norwich, Kansas.

The $3.7 million investment also includes replacing the General Kinematics Vibradrum with a GK media drum. The new molding line is the FBO-IIIS 20 x 24 from Robert Sinto Corporation and will provide the foundry a faster mold cycle, deeper draw, and reduced maintenance costs. The investment is part of a phased approach to make more castings with tighter quality and process controls. 

New family owners at Tonkawa Foundry

The sibling owners of Tonkawa Foundry, Inc., (TFI) Tonkawa, Oklahoma, have sold their family business to Mauricio and Alhena Torres, who assumed ownership January 1. The couple has relocated from Dallas with their four-year-old daughter, Paloma.

Having operated the foundry for over 40 years, Sandy Salisbury Linton and Jim Salisbury said they’re pleased the company will remain a family-owned business. 

REFCOTEC, Inc. acquires EXOCHEM Corp., forms THERMOTECH with KML

AFS Corporate Member REFCOTEC, Inc. (Orrville, Ohio) has purchased the assets of EXOCHEM Corp, a supplier of riser sleeves and other consumable products to the foundry and steel industries since 1968. The ISO-certified company operates production facilities in Lorain, Ohio, and in East Palestine, Ohio. The acquisition follows REFCOTEC’s strategic goal of continuing to diversify within the foundry segment with a focus on high quality, efficient manufacturing.