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Weekly Update May 19, 2009

May 19, 2009
Hayes Lemmerz in pre-negotiated bankruptcy Cummins to close engine plant, temporarily "Why do CMMS projects fail?"
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This Week's Metalcasting News Review
Hayes Lemmerz in Pre-Negotiated Bankruptcy
Hayes Lemmerz says its goal is to reduce its corporate debt. A certain number of the creditors are supplying debtor-in-possession financing valued at $100 million, which will be converted to ownership stakes once the bankruptcy and reorganization are completed. Read more
Ward Corp. Files Bankruptcy Claim
Aluminum foundry and patternmaker has no plans to cut the workforce. Read more
Cummins to Close Turbo Diesel Plant, Temporarily
Cummins Inc. is closing its Columbus MidRange Engine Plant (CMEP) in Walesboro, IN, citing a decline in business following Chrysler Corp.’s decision to idle manufacturing operations during its bankruptcy reorganization. Read more
Featured This Week
Why do CMMS Projects Fail?…And What Can You do to Prevent it?
Start by determining if you need to upgrade your CMMS, or if the existing system can be applied more efficiently to deliver the benefits of an upgrade with no cost for additional software. Read more
Forums And Blogs
REB Blog: Time, money, talent
A lot of leaders in the metalcasting industry worry about finding enough talented people to lead their organizations in the coming years. But, are they doing everything to ensure that talent remains involved in the industry? Read more
Announcements
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.
VIDEO OF THE WEEKEcono-Pour Automatic Pouring Unit The Roberts Sinto Econo-Pour systems have only one objective… to reduce your pouring costs by improvement in some or all of the following areas: The Roberts Sinto Econo-Pour system is a proven tool to help the foundry operator reduce costs in today's highly competitive environment. Have a company video? Want the metalcasting industry to view it?Register Now From the producers of Foundry Management & Technology - Watch videos about the metalcasting industries. You'll see technical developments; new equipment; coatings; new technologies that lower cycle times; automation systems; cleaning processes and new products.
FM&T Hall of Honor
The FOUNDRY Management & Technology Hall of Honor recognizes men and women whose technical and process innovations; organizational leadership; professional and industrial standards; and personal contributions and achievements have improved and enhanced metalcasting as a science, as an industry, and as a community. Help us identify the next metalcaster to join the FM&T Hall of Honor. Read more
Upcoming Events
CMI's Gating & Rising Design
Internet-based course — May 26- June 29, 2009 Read more
ICI's Investment Casting Specialist - Certification Program
Pittsburg, KS — May 27- June 4, 2009 Read more
World Magnesium Conference
San Francisco — May 31- June 2, 2009 Read more
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