Weekly Update May 22, 2012

Private equity buying Waupaca Nano-tech in casting R&D Preventing workplace stress Turntable for induction hardening Additive manufacturing for reactive metals

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This Week’s Metalcasting News Review

Private Equity Group to Buy TK Waupaca

ThyssenKrupp AG is selling its gray and ductile iron foundry group to KPS Capital Partners, LP for an undisclosed price. TK Waupaca operates six plants in Wisconsin, Indiana, and Tennessee, with approximately 3,500 workers. The sale is expected to be final during 2Q 2012, but remains subject to ordinary closing conditions, according to a KPS statement. The company will be renamed Waupaca Foundry Inc., and its president and CEO Gary Gigante and the current management team will remain in place.

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R&D Project Adds Nano-Tech Expertise

Powdermet Inc., a developer of “nano-engineered metallic composites,” has joined the NIST-led research program announced more than two years ago to develop lighter aluminum and magnesium castings. The company’s primary focus is developing “nanocomposite aluminum alloys” that have higher ductility than high-strength aluminum alloys (like aluminum-lithium.)

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Featured This Week

Seven Steps to Stress Prevention

A 2011 study commissioned by the American Psychology Assn. indicated incidents of workplace stress are commonplace, with 36% of employees reporting feeling some degree of stress on a daily basis — and 20% feeling extremely stressed. The primary causes cited for this stress were lack of opportunities for growth and advancement (43%), heavy workload (43%), unrealistic job expectations (40%), and long hours (39%).

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Forums and Blogs

All debts public and private

Many of the same voices raised against the tactics of private equity investors have none of the same compunction about public equity investment.

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New Products

Turntable for Induction Hardening

FMT0522nl-GHIA.gif GH Induction Atmospheres has built an induction heating machine that hardens, tempers, and quenches automotive parts on a rotating turntable. The developer said an unidentified global manufacturer of components for automotive and other industrial markets plans to use the new machine to harden automotive ball studs — and achieve increased speed, economy, and consistency.

FULL ARTICLE


Additive Manufacturing for Reactive Metals

FMT0522nl_Renishaw.gifRENISHAW INC. offers a new laser melting additive-metal manufacturing process it reports will produce fully dense metal parts direct from 3D CAD data using a high-powered fiber laser. Parts are built in layers, in thicknesses ranging from 20 to 100 microns, using a range of fine metal powders that are fully melted in a tightly controlled atmosphere.

FULL ARTICLE


Upcoming Events

SME 2012 Annual Conference

June 3-5 — Cleveland

FULL ARTICLE


8th China Intl. Diecasting Conference & Exhibition

June 17-22 — Shanghai

FULL ARTICLE


ASM Aeromat 2012

June 18-20 — Charlotte

FULL ARTICLE


Design & Manufacturing Midwest

June 19-21 — Chicago

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NFFS Foundry Noise Exposure Training Seminar

June 20 — Montebello, CA

FULL ARTICLE


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