Industry News

AFS Corporate Member Badger Mining Corporation (BMC) was recognized as the 401(k) Plan Sponsor of the Year at an awards banquet in New York City at the end of March. This national honor, awarded by PLANSPONSOR Magazine, recognizes companies that best “show commitment to their participants’ financial health and retirement success.” As one of four finalists in the asset category of $50 million to $100 million, a representative of BMC was in attendance at the awards dinner, not knowing if the company would take home the top honor.

The conversion of the compact utility tractor component from an 11-piece steel weldment to a single ductile iron casting was the result of a collaboration between companies with different backgrounds but common goals.

The Weir Group (Glasgow, Scotland) is investing an additional $15 million in its Newton, Mississippi, manufacturing facility, as part of a total $50 million plan supporting an additional 150 jobs at the plant.

There will be over 400 employees at the facility after the investment is complete.

Burleigh Jacobs, a former chairman of Grede Foundries Inc. and the oldest living past-president of AFS, died March 8, 2019. He was 99.

Born Feb. 3, 1920, in Milwaukee, Jacobs graduated from the University of Wisconsin-Madison in 1942. During World War II he served in the U.S. Navy and rose to the rank of lieutenant commander. In 1945 he joined Grede as a trainee. He held positions of assistant vice president, president, and eventually became chairman and CEO.

Bruschi USA is establishing a zinc diecasting plant in Milwaukee.  

According to reports, the Italian company Bruschi (Milan, Italy) bought two pieces of land for $1.1 million.

On its website, Bruschi said it is starting North American production to “bring into the U.S. our vacuum technology in zinc diecasting, our co-design service and innovative surface treatment, integrated in a vertical approach.”

AFS Corporate Member Waupaca Foundry Inc. (Waupaca Wisconsin), a Hitachi Metals company, announced it has entered into separate manufacturing agreements with fellow Corporate Members Dotson Iron Castings (Mankato, Minnesota) and Kohler Industrial Castings (Kohler, Wisconsin).

Per the announcement, Waupaca Foundry customers requesting horizontal molding will access Kohler’s and Dotson’s capabilities with a supply chain managed by Waupaca Foundry.

AFS Corporate Member Eagle Alloy Inc. (Muskegon, Michigan) was recognized by John Deere as a 2018 partner-level supplier. In a news release, Eagle said the partner-level status is Deere & Company’s highest supplier rating.

"Eagle Alloy was selected for the honor in recognition of our dedication to providing products and services of outstanding quality as well as our commitment to continuous improvement," the company said in a release.

Eagle employees Mark Hollenbeck and Nic Tarzwell accepted the honor on February 13th in Bettendorf, Iowa.

Toyota announced investment plans of nearly $750 million at five of its plants as part of a pledge to invest $13 billion in its U.S. operations by 2021. AFS Corporate Member Bodine Aluminum’s Troy, Missouri, foundry is set to receive $62 million and its Jackson, Tennessee, foundry to receive $50 million.

James M. Proctor II, senior vice president and general counsel for AFS Corporate Member McWane Inc. testified before the U.S. House Committee on Transportation and Infrastructure on Feb. 26.

The special hearing was on “Examining How Federal Infrastructure Policy Could Help Mitigate and Adapt to Climate Change.”

Signicast (Charlotte, North Carolina), a Form Technologies company, announced it has signed an agreement to acquire CIREX, a European investment casting specialist based in the Netherlands from Amsterdam-based companies Convent and Nedvest.