Weekly Update  November 17, 2009

Weekly Update November 17, 2009

Intermet Columbus sold to DMI Grede has a bidder ICI Casting Contest honorees.

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Weekly UpdateNovember 17, 2009
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This Week's Metalcasting News Review

Intermet Columbus Sold to DMI
Intermet Corp.’s Columbus, GA, ductile iron foundry reportedly has been bought by a Carlyle Group holding, Diversified Machine Inc. The sale closed on November 3, according to the Columbus Ledger-Enquirer, at an undisclosed price. Read more

Grede Has a Bidder, Purchase Agreement
“Additional parties have expressed a strong interest in purchasing our company, and our request to the court is the next step in the process that we expect will lead to a sale of the company to the highest bidder before the year’s end,” stated Grede chairman Richard Koenings. Read more

Steel Foundry Starts New Melt Shop Equipment
McConway & Torley, a Kutztown, PA, ferrous foundry that produces railroad couplings and similar products, is operating a new ladle furnace and vacuum degasser, according to information from one supplier of the new installation. Read more

Featured This Week

Top Honors in ICI’s Annual Casting Contest
"We had more entries this year than ever before, and consequently, competition was very stiff,” said ICI’s executive director Michael Perry. “For the first time, two awards were given for defense. It was simply impossible to chose only one in this category.” Read more

Forums And Blogs

REB Blog: Good for them
Simply put, U.S. manufacturing costs are too high compared to global standards. The effort to help U.S. manufacturers compete globally is impeded, not supported, by federal government interventions and takeovers. Read more


Case Studies / Whitepapers
Sponsored case studies provide real-world accounts of what's happening in the machining 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 entails a change in their business strategy. Read More.

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Upcoming Events

CMI's Practical Green Sand Control Course
Schaumburg, IL — December 1-3, 2009 Read more

NADCA's Train the Trainer Course
Wheeling, IL — December 2-3, 2009 Read more

SFSA 63rd Technical & Operating Conference,
Chicago — December 9-12, 2009 Read more

NADCA Government Affairs Committee Meeting
Wheeling, IL — December 10, 2009 Read more

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