Industry News

Kimura Foundry America expands capacity with fourth 3D sand printer

AFS Corporate Member Kimura Foundry America, Inc. (Shelbyville, Indiana) will install a new ExOne S-Max 3D sand printer this quarter to increase capacity and meet diverse market demands for high quality castings with quick turnaround times. It becomes the fourth sand mold and core printer for the foundry’s U.S. location; the company also operates six at its headquarters in Japan.

Grede rolls out e-mobility emphasis to grow automotive, industrial market share

AFS Corporate Member Grede Holdings LLC (Southfield, MI) announced a sharpened focus on e-mobility to leverage electric vehicle opportunities for the light vehicle, commercial vehicle, and industrial markets. Developing and quoting millions of dollars in cast iron solutions for the electrification market, the company said its increasing commitment aligns with a growing e-mobility market they expect will rapidly accelerate from 2025 to 2030.

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. 

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.