Weekly Update June 23, 2009
Hayes Lemmerz gains financing NovaCast sets up U.S. office Rapid prototyping speeds up.
| Weekly Update – June 23, 2009 |
| This Week's Metalcasting News Review |
| || Hayes Lemmerz Granted Access to DIP Financing |
The manufacturer of aluminum and steel wheels for cars and light trucks now has access to $100 million to use to fund its operations as it reorganizes in a pre-packaged bankruptcy reorganization. The financing is available also to the company's foreign subsidiaries, which are not covered by the Chapter 11 filing. Read more
| || Rapid Prototyping Speeds Up |
There are numerous processes that manufacturers may use to achieve direct manufacturing of metal parts, and various production systems for each process. One process is direct metal laser-sintering (DMLS), for which EOS GmbH offers the EOSINT M 270. This technology fuses metal powder into a solid part by melting it “locally” with a laser beam. Parts are formed layer by layer, without any tooling, but highly complex shapes can be created directly from 3D CAD data over a few hours. Read more
| || REB Blog: See you in court |
For all the idealistic talk about remaking itself and developing new business models, the auto industry today is spending an unfortunate amount of effort and energy keeping alive bits and pieces of the past. Read more
| || FM&T Hall of Honor |
The FOUNDRY Management & Technology 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. Help us identify the next metalcaster to join the FM&T Hall of Honor. Read more
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