Weekly Update February 3, 2009

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FOUNDRY Management & Technology
Weekly Update – February 3, 2009
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This Week's Metalcasting News Review

Citation Buys Foseco Lost-Foam Pattern Plant
Citation’s CEO Doug Grimm stated that “the acquisition of Foseco-Morval strengthens our position as the technology and market leader for lost-foam castings and will help create new business opportunities.” Read more

Closing Set for Navistar Foundry, Engine Plant
Navistar International will close its Indianapolis engine plant and Indianapolis Casting Corp. subsidiary by July 31. The decision is a consequence of a recent settlement with Ford Motor Co., which ended a legal dispute as well as a 30-year supplier arrangement between the automaker and the engine manufacturer. Read more

J.L. French Downsizing Due to “Rapid Decline”
Aluminum diecaster J.L. French Automotive Casting is laying off nearly 500 workers at its plants in Sheboygan, WI, and Glasgow, KY, citing “the unforeseen rapid decline of orders” for its decision to make permanent an extended holiday shutdown. Read more

Featured This Week

New Hunter Molding Machine, Handling System Installed
The new installations at AKWA includes Hunter’s XL2430 automatic molding machine, to produce 24x30 in. molds (610x762 mm) molds, with a 12-in. (305-mm) cope and a 11-in. (280-mm) drag. Read more

Forums And Blogs

REB Blog: Is there a plan here?
Is it possible Ford might sell its foundry and engine complex to some company that will operate it and supply the automaker on a long-term basis? 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

NASF Management Conference
Palm Beach, Aruba — Feb. 8-12, 2009 Read more

OSHA 10-Hour General Industry Training
Nashville, TN — Feb. 9-10, 2009 Read more

TMS 2009
San Francisco, CA — Feb. 15-19, 2009 Read more

Cast Shop Session on EH&S
San Francisco, CA — Feb. 17, 2009 Read more

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Foundry Management & Technology
The Penton Media Building
1300 E. 9th Street
Cleveland, OH 44114-1503
(216) 931-9504
Fax: (216) 696-7932

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