| This Week's Metalcasting News Review |
| || Georg Fischer Scaling Back Casting Operations |
According to a company statement, “Georg Fischer reacted swiftly and has adjusted production volume to the change in conditions." The move was made in anticipation of declining demand from automakers and machine-tool manufactures. Read more
| || General Dynamics Buying AxleTech Intl. |
General Dynamics is buying AxleTech International, an axle and axle components manufacturer, from The Carlyle Group for an undisclosed price. Prior to the announcement, AxleTech acquired U.S. Grear, a designer and manufacturer of specialized differential gears. Read more
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