Customers were thrilled but the competitors were suspicious. In 1993 Signicast Corp. a manufacturer of investment castings, opened its Module 1 manufacturing operation and reduced its production cycle from 30 days to 4.5. "Rumors from our competitors were that we were just stocking inventory and not actually manufacturing, so we opened up our facility and 88 competitors showed up," remembers Bob Schumann,…

To enrich the activities and create environment of grand insiders’ event, during the exhibition period, The 8th CHINA FOUNDRY ASSOCIATION CONGRESS was held in series of sessions and workshops, centering on the themes of “Foundry co-existence with harmonious environment”, “Sustainable Development of Foundry Industry”. The idea that the core value of a tradeshow is depending on how much it could meet the…

München/Augsburg - Führungswechsel beim Augsburger Automatisierungs-Spezialisten Kuka: Der Siemens- Topmanager Horst Kayser (47) wird zum 1. Oktober neuer Chef des börsennotierten Robotikund Anlagenbau-Unternehmens. Die Kuka AG ist in der Region mit zuletzt 2458 Mitarbeitern einer der größten industriellen und vor allem weiter wachsenden Arbeitgeber. Kayser folgt auf Gerhard Wiedemann (61), der dem…

CINNAMINSON (NJ) — A local company, along with help from business partners across the nation, will develop new equipment for troops in combat thanks to earmarked funds. Sea Box Inc., a container box company, has been subcontracted to help design a Tactical Metal Fabrication System -- TacFab for short -- for the U.S. Army. TacFab will be a mobile foundry enclosed in a modified container box. The product will…

Kolkata-based B D Castings and Bishan Dayal Goyal & Sons, part of the steelmaking Goyal group, is in discussions with financial institutions for private placement. Kailash Chand Goyal, one of the promoters, said that the company was looking to raise around Rs 150-200 crore through private placement. At present closely held, dilution of promoters stake would be to the tune of 25-30 per cent in each of the…

Over the 3 days, ALUMINIUM CHINA 2008 had attracted a total of 265 exhibiting companies from 24 nations and close to 7,000 professional visitors. Rebooking figures for ALUMINIUM CHINA 2009 were also very encouraging with 40% of the space sold onsite indicating an enthusiasm for the hugely anticipated event in Shanghai Next year. For our onsite donation for Wenchuan earthquake we’ve collected over RMB 4700…

Russia's Tractor Plants has clinched a deal to buy a 74% stake in the German foundry Luitpoldhutte AG from the auto component producer Farina. Tractor Plants financed the deal itself, but is not disclosing the sum. Mr Mikhail Bolotin president of Tractor Plants said the purchase will enable Russian producers to improve the quality of their products in a short time, letting such Russian engineering brands as…

Cookson Group has named Lee Plutshack as the president of its new Foundry business unit, which combines the global businesses of Foseco PLC and Cookson’s Vesuvius molten-metal products line. Vesuvius Group president and CEO Franois Wanecq stated that Plutshack would have responsibility for the new unit, and will be a member of the executive committee of the Vesuvius Group. Wanecq said the new Foundry…

Ottawa - Timminco Ltd. will shut a struggling magnesium foundry in Renfrew County, putting the last of 24 employees out of work. The combined plant and mine, which once employed several hundred, is a victim of the rising Canadian dollar and cheaper offshore sources of magnesium. It had been a mainstay of the Renfew County economy for generations, supplying light-weight metals used to make aircraft parts and…

MEXICO CITY - General Motors Corp. (GM) said Thursday it has increased its operations in the northern state of Coahuila with the opening of a new six-speed transmissions plant and expansion of an existing six-cylinder engines plant. The expansions, which will directly result in 875 new jobs, are the outcome of $1.36 billion that GM has invested in its complex in the city of Ramos Arizpe in the past year,…