| Weekly Update – July 7, 2009 |
| This Week's Metalcasting News Review |
| || Grede Foundries Files for Bankruptcy |
Grede Foundries Inc. has declared bankruptcy and is offering itself for sale. The decision follows many months of downsizing by the foundry group, and Grede chairman Richard Koenings cited the impact of the recession on the company and its customers, particularly those in the automotive industry. Read more
| || FATA Aluminum Grants Piston-Casting License |
Michigan-based FATA Aluminum has issued a license for its piston casting technology to VF Process S.r.l., of Turin Italy. VF Process will be the exclusive worldwide licensee for the FATA Aluminum piston casting technology, except in North and South America, which remain the domain of FATA Aluminum’s Sterling Heights, MI, headquarters. Read more
| || DISA/Wheelabrator Combo Known Now as "Norican" |
The merger of DISA Group and the Wheelabrator Group is now complete, and the new company has named itself the Norican Group. It traces the name to Norican steel, a material produced in Noricum, an ancient Celtic Kingdom, and widely used in the Roman Empire. Read more
| || NADCA 2009 International Die Casting Competition Awards |
The North American Die Casting Assn. identifies the best designs and products of custom and captive diecasters. The competition provides participating companies a platform to showcase the detailed and outstanding diecasting designs they produce, and to acknowledge their ongoing contributions to manufacturing. Read more
Copyright© 2009 Penton Media, Inc. All rights reserved.
Thank you for reading FOUNDRY's Weekly Update. You are subscribed as #email#. To find out how to get your message in front of our qualified subscribers, please e-mail Jonathan Burger at [email protected].
To unsubscribe, please click here.
Foundry Management & Technology
The Penton Media Building
1300 E. 9th Street
Cleveland, OH 44114-1503
Fax: (216) 696-7932