Foundry Daily News

GER- SHW Foundry Group, Caterpillar is interested in Kiel Foundry

Initial actions have begun in the insolvency case of the Wasseralfinger Foundry Group SHW Casting Technologies (CT): Kieler Caterpillar Motoren Gmbh will take over the Keil Foundry GmbH, which belongs to CT group on August 1st, 2013.

Caterpillar announced the transfer of essential resources of the foundry, located on the Baltic Sea, to  a newly established Caterpillar Castings Kiel GmbH. The foundry contained engine blocks and cylinder heads which are core components of engines used in boats, ships and construction equipment.


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