Weekly Update  November 11, 2008

Weekly Update November 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


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Upcoming Events

American Ceramics Society's Sintering 2008
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Hoboken, NJ — Nov. 18, 2008 Read more

FEF College Industry Conference
Chicago — Nov. 20-21, 2008 Read more

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