| Weekly Update – July 28, 2009 |
| This Week's Metalcasting News Review |
| || ArvinMeritor Venture to Supply Drivetrain Components in China |
ArvinMeritor Inc. signed a strategic partnership with Shanghai-based Yutong Group Co. Ltd. to supply drivetrain components for buses and coaches in China. The group will deliver non-drive and drive axles to Yutong, and will manufacture differential carriers and brake callipers at its Wuxi plant, to be applied to Yutong’s axles. Read more
| || Georg Fischer Expects “Worst Will Be Over” in ‘09 |
Georg Fischer Corp. reports that the restructuring program it started in May is “working effectively” to reduce overall costs by 350 million Swiss francs (est. $327.5 million) by 2012. The group, which includes ferrous and nonferrous metalcasting plants in its GF Automotive unit, said it expects to post an operating profit in 2010. Read more
| || New Company to Supply, Support Pouring Technology |
Viking Technologies will become the sole distributor of KOINS’ pourTECH Automatic Pouring Systems and Hercules Crushers in North and South America. The news was announced in a message to all Koins Corp. customers. The change takes effect on August 1. Read more
| || Automatic Grinding Advantage |
First, there was hand grinding, but parts weren’t uniform, production was slow, and injuries weren’t uncommon. Then, came robotic grinding, which was faster but also made it easy for mistakes to be duplicated. Then, automated finishing arrived. Read more
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