Swiss foundries want to grow

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St. Gallen - Swiss foundry industry grew again in 2007. Due to innovative technology foundries want to grow further.

"High quality and good financial conditions make Swiss foundries increasingly attractive on the european market", said Eric von Ballmoos, President of Swiss Foundry Association (GVS) at the conference on 18.June.

Total turnover growth in swiss foundries was 7,3% in average. Record-braking steel casting turnover rose by 43,5% to 2.161 tonnes. Foundry Association forecasts positive outlook and expects 10% growth for the current year.