Weekly Update November 25, 2008

Nov. 25, 2008
Ashland Completes Takeover Precision Castparts Buys Forging Operation Automotive Foundry Adopts RFID for Plant Logistics
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FOUNDRY Management & Technology
Weekly UpdateNovember 25, 2008
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Featured Advertiser
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This Week's Metalcasting News Review
Ashland Completes Hercules Takeover
Ashland Inc. finalized its $3.3-billion acquisition of Hercules Inc., creating a wider global specialty chemicals group organized as five business units, focusing on three global market segments: paper and water technologies; specialty resins; and specialty additives and functional ingredients. Read more
Pyrotek, IGC to Market Powered Fluxes
The strategic alliance was formed to market powdered fluxes to North American aluminum producers. Read more
Precision Castparts to Buy Forging Operation
"The acquisition of Hackney Ladish significantly broadens our role as a supplier of critical components to energy markets worldwide," stated PCC chairman and CEO Mark Donegan. Read more
Featured This Week
Automotive Foundry Uses RFID to Manage Plant Logistics “We had to introduce new technology to improve on our manual processes, and to keep up with the growth,” explains Bernd Williams-Boock, CEO. “I had to know how many finished parts of each type vermicular iron had, and where to find them, so we could meet the customer shipment deadlines.” Read more
Forums And Blogs
REB Blog: Let's see the money
The core of every global economic problem today is the absence of investment capital, and the scarcity of credit created by that absence. Unless the federal government is preparing to adopt a direct-ownership policy for the domestic automotive industry, sovereign wealth funds will be the only bailout available. 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 Permanent Molding: Aluminum Tilt-Pour
Muskegon Heights, MI — Dec. 2-4, 2008 Read more
CMI Induction Melted Cast Iron Processing
Pittsburg, KS — Dec. 9-11, 2008 Read more
SFSA National T&O Conference
Chicago — Dec. 10-13, 2008 Read more
OCMA Winter 2009 Meeting
Columbus — Jan. 21, 2009 Read more
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