Weekly Update — July 13, 2010

FDRY_Foundry Management_: Grede to Supply Navistar Engine Components

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Weekly Update – July 13, 2010

Just Announced!!

Foundry M&T Launches its New & Improved Redesigned Buyers' Guide Website
This comprehensive directory contains information from companies/organizations that you can search by keyword to locate companies by the type of product (category search) or by the company name. Find everything from alloys to plant engineering, from heat treating to safety, from pouring to prototyping and so much more.
Click to start searching the directory.

Click Here to Download the Directory Entry Form (pdf).

If your company is not listed in the Foundry M&T Buyers Guide or you need to make a change, please contact Kathy Savage at kathy.savage@penton.com or (205) 669-7161.

This Week's Metalcasting News Review

Grede to Supply Navistar Engine Components
Grede Holdings LLC will supply engine components to Navistar Inc. for its 2010 MaxxForce 7 V-8 turbodiesel engines, according to a new multi-year contract. The value and length of the contract has not been detailed. Read more

Lufkin to Build New Plant in Romania
Lufkin Industries Inc. plans to construct a new manufacturing facility near Ploiesti, Romania, to produce components for its Oilfield and Power Transmission Divisions, with an initial focus on oilfield products. The project is budgeted at $126 million and will employ more than 300 when completed in 2012. Read more

PBGC Takes Over Grede Foundries Inc. Pensions
The underfunded pension plan relinquished by the former Grede Foundries Inc. organization and covering 4,800 former workers has been assumed by Pension Benefit Guaranty Corp. The Milwaukee-based ferrous foundry group declared bankruptcy in June 2009, and its assets were acquired by a new company, Grede Holdings LLC, in January 2010. Read more

Featured This Week

Manufacturers Can Emerge from Recession as Lean, Mean, Fighting Machines
Under today’s conditions of stagnant demand and tight credit, many mid-market manufacturers face intense competition for dwindling markets and increasing pressure on their bottom line. With recovery still “around the corner,” how can they continue to thrive, let alone survive? Read more

Announcements

Last Call: FM&T Hall of Honor
Nominations will close on July 15. Please help select the next member of the FOUNDRY Management & Technology Hall of Honor.

The Hall of Honor recognizes men and women whose technical and process innovations; organizational leadership; professional and industrial standards; and personal contributions and achievements have improved and enhanced metalcasting as a science, as an industry, and as a community. Read more

Upcoming Events

CMI's Lean Manufacturing for Metalcasters Course
Williamsport, PA — July 28-29, 2010 Read more

CMI's Chemically Bonded Molding & Coremaking Course
Schaumburg, IL — August 3-5, 2010 Read more

ASME International Heat Transfer Conference
Washington, DC — August 8-13, 2010 Read more

CMI's Analysis & Reduction of Investment Casting Defects Course
Schaumburg, IL — August 17-18, 2010 Read more

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