Weekly Update - July 22, 2008

Weekly Update - July 22, 2008

Leggett & Platt Earns $300 Million in Sale of Diecasting Plants Equity Group Buys Kurdziel Industries Composite Casting Technique Cuts Lead Times for Stamping Dies

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FOUNDRY Management & Technology
Weekly UpdateJuly 22, 2008
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Turkcast 2008 Foundry Products Trade Fair
TURKCAST is an international exhibition that focuses on the business interests of Casting Suppliers and Casting Buyers.
TURKCAST offers an unparalleled opportunity for Castings producers to showcase their products that have been specifically designed to meet the needs of Castings Buyers. To learn more: Click Here.

This Week's Metalcasting News Review

Leggett & Platt Earns $300 Million in Sale of Diecasting Plants
Leggett & Platt earned $300 million, along with a subordinated note and preferred stock, from the sale of its aluminum diecasting operations. The organization — Pace Industries — will remain headquartered in Fayetteville, AR. It has plants in eight other states, and in Mexico. Read more

Equity Group Buys Kurdziel Industries
Private-equity group Monomoy Capital Partners L.P. has bought Muskegon, MI-based Kurdziel Industries Inc., for an unreported price. The producer of gray and ductile iron castings will be renamed Carlton Creek Ironworks Inc. Read more

Sd-Chemie Buys More Capacity for Foundry Chemical Products
Sd-Chemie AG has agreed to buy a chemical plant in Hart, Bavaria, that manufactures products for metalcasting. Most of the plant’s products are specialty chemicals for iron foundries, specifically automotive castings, according to a release. Read more

Metaltek Intl. Buys British Foundry
MetalTek International, a foundry holding company based in Waukesha, WI, reports it acquired Meighs Castings Ltd., an English foundry serving defense industries and other markets in need of casting for “demanding, highly corrosive applications.” Read more

Featured This Week

Composite Casting Technique Cuts Lead Times for Stamping Dies
The patented technology involves casting iron and steel together in the same mold, an approach that eliminates the need for an insert assembly during die manufacturing. Read more

Forums And Blogs

Metal emissions in air sampling
"… For over a year, we were bothered by high levels of Cadmium in the air sampling done by our industrial hygiene people. At first, they picked up a sample of our metal and had it analyzed and found no Cadmium. We went crazy searching high and low for the source of the Cadmium. …" Read more

REB Blog: Coming attractions
Video is becoming a effective way for suppliers to demonstrate their capabilities. And we're glad to help. Read more

Upcoming Events

Ductile Iron Metallurgy
Internet-based course; July 28- August 24, 2008 Read more

Workplace Emergency Planning / Electric Safety-Arc Flash
Los Angeles; July-29-30, 2008 Read more

Permanent Mold Coating Fundamentals - Aluminum
Schaumburg, IL; August 5-6, 2008 Read more

Designing & Building Metal Stamping Dies
Cincinnati, OH; August 13-14, 2008 Read more

Metallurgy of Gray and Ductile Iron
Cleveland, OH; August 12-15, 2008 Read more

Free On-Line Event


Simufact: Simulating Manufacturing for Profitability

In a recent survey of US Metal Forming Companies, three out of four respondents say that their primary competitive advantage globally is to become a technology leader, including developing new value-added processes and services. Next comes leveraging overseas production, followed closely by focusing on reducing lead times to better serve the customers.


This Forging Magazine webinar sponsored by Simufact-Americas will show how simulation of your manufacturing processes can provide an answer to all your questions. By attending this free webinar, you will also learn technical and business aspects addressed through actual case studies.
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FOUNDRY Digital Edition

Now Every Edition Of FOUNDRY Can Be Delivered Directly To Your Email
We are always looking for ways to serve our audience better. This digital sample of FOUNDRY is delivered in an interactive format. Digital editions allow you to page through articles, click through hotlinks directly to advertiser websites, send emails to authors and other contacts, zoom, print, or send to a friend. All of this and no downloading required. Click here to check out and subscribe to our digital edition. Read more



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