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Weekly Update March 24, 2009

March 24, 2009
PBGC assumes four Intermet pension plans Compass buys Citation diecasting, machining units Design Considerations for Cleaning Castings
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Case Studies / Whitepapers Sponsored case studies from the Foundry Management & Technology collection provide real-world accounts of what's happening in the foundry industry. They chronicle the events faced by business owners and managers who had to deal with changes in the competitive environment, and plots the owners' or managers' response which usually involves a change in their business strategy. Latest case studies added to the Foundry M&T collection:
Intelligent Demand ResponseImpact Markers Support Manufacturing's Desire to Apply Green Manufacturing TechniquesFor Foundries, Necessity is the Mother of InventionClick Here or on the links above to start reading.
This Week's Metalcasting News Review
PBGC Assumes Four Intermet Pension Plans
Four pension plans covering 4,500 workers and retirees of Intermet Corp. have been assumed by The Pension Benefit Guaranty Corp. — an independent federal agency that promotes continuation and maintenance of voluntary private defined benefit pension plans. Intermet is in the process of a bankruptcy reorganization. Read more
Compass Buys Citation's Diecasting, Machining Business
Compass Automotive Group, a holding company for several aluminum and magnesium casting operations, agreed to buy Citation Corp.’s aluminum diecasting and machining operations in Grand Rapids and Lowell, MI. Citation now says its "business transformation" is complete. Read more
NovaCast Merges Two Subsidiaries Marketing to Foundries
NovaCast Technologies AB is combining two subsidiaries, NovaCast Foundry Solutions AB (NFS) and Graphyte AB, in a bid to broaden its range of products and services to foundries worldwide. Read more
Featured This Week
Design Considerations for Cleaning Castings Different foundries have different needs. Shakeout and cleaning processes are a standard operation, but improving performance demands various approaches with new products and maintenance and operating strategies. Read more
Forums And Blogs
REB Blog: Bigger problems
Rather than speeding these organizations through a broad financial crisis, the White House's Auto Industry Task Force is slowly searching for big solutions. And, they’re building their own supply chain of power and influence. Read more
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
CMI Foundry Sand Test Procedures Workshop
Cincinnati — March 30 - April 2, 2009 Read more
NADCA's Train the Trainer course
Wheeling, IL — March 31 - April 1, 2009 Read more
Metalricicolo 2009
Montichiari, Brescia. Italy — April 2-4, 2009 Read more
AFS/NADCA 113th Metalcasting Congress
Las Vegas — April 7-10, 2009 Read more
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