Weekly Update  October 20, 2009

Weekly Update October 20, 2009

Accuride files Ch.11 Thresher adding permanent mold casting Wear-resistant shakeout screens

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Weekly UpdateOctober 20, 2009
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This Week's Metalcasting News Review

Auto Parts Maker Accuride Files for Bankruptcy
Chairman Bill Lasky explained that the goal of the debt restructuring is "to create a sustainable capital structure that will support greater profitability and solidify the company's position as the market leader in its product categories." Read more

Thresher Adding Self-Pouring Machine
"With the addition of this machine we will expand our market. A machine of this size allows Thresher Industries the ability to cast product from less than one pound to larger than 50 pounds, opening markets we could not approach prior to this," stated Thresher CEO Tom Flessner. Read more

Selected Metaldyne Assets Will Comprise "Powertrain" Group
"These Metaldyne operations have solid product portfolios, advanced technologies, and an experienced workforce," explained an investor spokesman. "We have created a powertrain-focused company that will be a stable supplier to the global automotive industry, which we believe will benefit Metaldyne's customers and other stakeholders." Read more

Featured This Week

Wear-resistant shakeout screens for recycling sand
A combination of steel materials promotes longer service life in recycling foundry sand, as well as provide financial and environmental benefits. Read more

Forums And Blogs

REB Blog: Bottom dollar
It seems clear that the Treasury and the rest of the Administration are committed to structuring the economy on the foundation of an export-driven manufacturing sector: how else to understand their unwillingness to stabilize currency values, by slowing federal spending, or cutting taxes in order to encourage consumer spending? Read more

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Upcoming Events

MS&T 2009
Pittsburgh — October 25-29, 2009 Read more

CMI's Cupola Melting for Operators
Schaumburg, IL — October 27-29, 2009 Read more

NADCA's Machine Maintenance: Hydraulics
Wheeling, IL — November 2-4, 2009 Read more

CMI's Analysis & Reduction of Casting Defects
Schaumburg, IL — November 3-5, 2009 Read more



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