Weekly Update  May 20, 2008

Weekly Update May 20, 2008

Metaldyne Closes Two Plants, Sales Office Overcapacity, Imports Cited in Hayes Lemmerz Plant Closing GM Defiance, UAW Finalize Labor Agreement

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FOUNDRY Management & Technology
Weekly UpdateMay 20, 2008
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This Week's Metalcasting News Review

Metaldyne Closes Two Plants, Sales Office
According to chairman and CEO Thomas Amato, "although these are difficult actions, it is important that we gear our capacity for the production levels we anticipate this fiscal year and going forward." Read more

Overcapacity, Imports Cited in Hayes Lemmerz Plant Closing
The company said the closing of the Gainesville, GA, aluminum wheel plant is a part of the company's strategy “to focus its business on the right products in the right geographic regions.” Read more

GM Defiance, UAW Finalize Labor Agreement
The four-year contract will be important to GM Powertrain Defiance as it seeks new production programs, according to local union officials. Read more

Featured This Week

“Superfinish” Increases Fatigue Life, Reduces Fuel Consumption, for Critical Parts
REM Chemicals Inc. has patented Isotropic Superfinish (ISF) technology to remove the 'peaks' on parts made from carbon steel, high-alloy steel, stainless steel, and titanium. Read more

Forums And Blogs

None of our business?
Without conceding the premise that "energy recovery" is not happening, I can think of several more immediate reasons why foundries and steelmakers don’t engage in more of it. Read more

Diecasting machinery?
We need help installing four 800-ton diecasting machines at a plant in Indiana. Read more

Upcoming Events

Gating & Feeding of Investment Castings, Schaumburg, IL
May 28-29, 2008 Read more

Metalworking Industry Annual Meeting & Gala, Sacramento, CA
May 29-30, 2008 Read more

Canadian Foundry Association Annual Meeting, Toronto, ON
May 30, 2008 Read more

Investment Casting Specialist Industry Certification Course, Pittsburg, KS
May 30- June 7, 2008 Read more

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