| Weekly Update – October 27, 2009 |
| This Week's Metalcasting News Review |
| || Powertrain-Focused Company Formed from Metaldyne Assets |
MD Investors Corp. has completed its $465-million purchase of the Metaldyne Corp. assets, including Metaldyne’s Sintered Products, Vibration Controls Products, European Forging Products and Powertrain Products groups, along with some assets related to chassis manufacturing. The new organization is known as Metaldyne L.L.C. Read more
| || Ladish Adopts Takeover Defense Plan |
Directors of Ladish Co., Inc. have adopted a shareholder rights program intended to protect the Wisconsin-based forging, investment casting, and machining group and its shareholders from “potentially coercive” or hostile takeover bids. The company in a statements said the agreement is not intended to deter fully priced offers or others that are in the best interest of the company’s shareholders. Read more
| || Integrated Diecaster Recognized by Boeing |
Integra-Cast Inc. has earned the Boeing Co.’s D1-4426 rating, certifying that its processes, raw material production, and selected parts procurement standards are performed according to contractually established engineering specifications, drawings, and quality requirements, including AS9100. Read more
| || REB Blog: Too late to change? |
"… we'll look long and hard, and possibly futilely, before we find anything that supports so many different organizations and people as fully as the transportation sector." Read more
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