This Week's Metalcasting News Review
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Back to Bankruptcy for Intermet
Intermet Corp. has filed a petition for creditor protection with the
U.S. Bankruptcy Court in Delaware – the company's second resort to
Chapter 11 reorganization in less than four years.
Read more
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Diecaster Implementing Companywide
Layoffs
Spartan Light Metal Products is reducing the size of its workforce
with a round of layoffs it attributes to "overall weakness in the U.S.
economy, higher gasoline prices and lower consumer spending have caused
Spartan's customers to make dramatic changes in their order patterns."
Read more
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REB blog: Safety in numbers?
A research report last week speculated that about 30% of all North
American auto parts suppliers may be on the brink of bankruptcy because
of declining vehicle sales (especially trucks) and increasing commodity
costs. At least one metalcaster is already there.
Read more
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Foundry Management & Technology announces launch of Foundry
Theater. Watch videos about foundry and diecasting industries.
You'll see technical developments; new equipment; finishing
technologies; automation systems; quality instruments and new products.
You'll see how to reduce cycle times and increase productivity
Watch Videos
Now
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