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Weekly Update November 11, 2008

Nov. 11, 2008
Timken adds to aerospace portfolio ArvinMeritor to cut workforce 7% The "hot zone" of heat treating.
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FOUNDRY Management & Technology
Weekly UpdateNovember 11, 2008
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This Week's Metalcasting News Review
Timken Purchase Expands Aerospace Aftermarket Portfolio
The manufacture (which produces aerospace investment castings, among other things) acquired Extex Ltd., which designs replacement engine parts for the aerospace aftermarket. Timken is aiming for comprehensive fleet-support capacity. Read more
ArvinMeritor to Cut Workforce 7% to Save $125 million in 2009
The automotive components producer is “responding aggressively to weakness in global business conditions,” with comprehensive restructuring and cost-reduction plans. Read more
Citation Adds New Financial Chief
Louis Lavorata will be responsible for managing the metalcasting group’s finance, accounting, tax, and treasury functions, and for developing financial strategies and policies. Read more
Featured This Week
A Hot Zone Whatever else may be going on in the global economy, heat treating for metalcastings is a hot zone of activity, as manufacturers and processors recognize the value-adding potential — and frequently the necessity — of heat treating. From large-scale system designs to components and controls, heat treating is benefit. Read more
Forums And Blogs
REB Blog: When everything else fails …
The outraged voters that anti-free traders believe endorsed their positions on Tuesday are only voters once every few years. The rest of the time, they're consumers, and generally free to make different choices. Read more
Announcements
Foundry Management & Technology announces launch of Foundry Theater. Watch videos about foundry and diecasting industries. You'll see technical developments; new equipment; finishing technologies; automation systems; quality instruments and new products. You'll see how to reduce cycle times and increase productivity Watch Videos Now
Upcoming Events
American Ceramics Society's Sintering 2008
La Jolla, CA — Nov. 16-20, 2008 Read more
CMI's Foundry Leadership Skills Workshop
Columbia City, IN — Nov. 17-18, 2008 Read more
NACE Winter 2008 Corrosion Symposium
Hoboken, NJ — Nov. 18, 2008 Read more
FEF College Industry Conference
Chicago — Nov. 20-21, 2008 Read more
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