Weekly Update – December 29, 2009
This Week's Metalcasting News Review
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Grede Sale to Finance Group Gets Court
Clearance
Grede Foundries’ agreement to sell six of its operating plants to
an affiliate of Wayzata Investment Partners L.L.C. of Minnesota has been
approved by the U.S. Bankruptcy Court overseeing its reorganization.
The plants involved are in Wauwatosa and Reedsburg, WI; St. Cloud, MN;
Wichita, KS; New Castle, IN; and Iron Mountain/Kingsford, KS.
Read more
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Hayes Lemmerz Exits Bankruptcy
Tier One automotive supplier Hayes Lemmerz International Inc.
reports that it has emerged from its Chapter 11 bankruptcy
reorganization — an effort that it initiated in May following
negotiation with its lenders and creditors. The producer of aluminum
and steel wheels for passenger cars and light trucks, and of steel
wheels for commercial trucks and trailers, said its creditors
“overwhelmingly” endorsed its strategy.
Read more
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Self-Serve Metrology Fulfills ESCO's QC
Expectations
Recently, ESCO’s Dimensional/Gage Dept. set out to streamline
quality control for new product development, based on metrology hardware
and software. The department hoped that the new tools could provide high
usability, portability, and ondemand inspection.
Read more
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REB Blog: The clock is ticking
… decades of cost cutting and productivity enhancements have
accomplished most of the improvements that can be expected for U.S.
manufacturers until sustained industrial and consumer demand restore
some vitality to the overall economy.
Read more
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Case Studies / Whitepapers
Sponsored case studies provide real-world accounts of what's happening
in the machining industry. They chronicle the events faced by business
owners and managers who had to deal with changes in the competitive
environment, and plots the owners' or managers' response which usually
entails a change in their business strategy.
Read More.
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IndustrialProductDemos.com is your home for
interactive manufacturing and industry product demos. You will find
animated tutorials that walk you through product features, parts,
applications, and accessories. Watch Now!
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