GF has submitted its commitment letter to the Science Based Targets initiative (SBTi), a corporate climate action organization that enables companies worldwide to set emission reduction targets in line with the Paris Agreement goals. With this letter, GF is pledging to set and submit net-zero targets for Scope 1, 2 and 3 emissions across its four divisions within two years. The letter has been validated by…

GF Casting Solutions produces for a variety of market segments: Light vehicles, commercial and off-highway vehicles, aerospace and energy, and the company serves customers worldwide – most of which belong to the automotive industry. The four technologies used in production are high-pressure die-casting, precision casting, iron casting and additive manufacturing. GF Casting Solutions has 13 production sites…

By 2026, GF commits to reducing absolute scope 1 and 2 GHG emissions by 30%. The company also commits to reducing by 2030 scope 3 GHG emissions from purchased goods and services, and from the use of sold products by 34.6% per tonne of processed material, both targets measured against 2019 as a base year. These targets are fully aligned with the Paris Agreement to limit global warming to 1.5°C. "The SBTi…

The joint venture GF Linamar LLC commenced operations with a high-pressure die-casting facility located in Mills River, NC (US) in 2017. The company successfully acquired several large orders from European and US customers for the production of lightweight components. In 2021, the site generated sales of approximately USD 120 million and employed 450 people. However, the performance of the plant was…

GF Casting Solutions builds upon its expertise in bionic design to achieve even more weight reduction for its cast components. For commercial vehicles, this is a real challenge especially because of the tremendous forces that are exerted on the components. GF's bionic wheel hub shows that it is still possible to reduce weight by 13%. "With bionic design, we have found a way how we can design sophisticated…

The Schaffhausen-based artist, who used to live in Leipzig and now lives in Zeitz, has been connected with GF Casting Solutions in Leipzig for at least 10 years for a variety of projects. For his latest project, he maintained close cooperation with Matthias Heinrich (Managing Director of the GF site in Leipzig), Lukas Blumenauer (Head of Addivite Production) and the team. For the realization of the project,…

GF has raised CHF 200 million on the Swiss capital market. The new bond has a term of 9.5 years and a coupon of 0.95%. The bond was issued under the leadership of the lead banks Credit Suisse and Zürcher Kantonalbank at an issue price of 100.375%. With this issue, GF is taking advantage of the considerable improvement in capital market conditions that has occurred since April 2020. With the transaction, GF…

Solid performance in challenging times – building on new opportunities Sales at CHF 1'528 million (–14.0% organically), mainly affected by pandemic lockdowns globally Immediate measures ensured an operating result before one-offs of CHF 64 million (EBIT margin 4.2%) Strong liquidity and robust balance sheet maintained Business in China already back to previous year’s level Focus on digital innovations and…

GF Casting Solutions, a division of the Swiss industrial corporation GF, is one of the leading solution providers of lightweight components in the mobility and energy industry. The company is using AI to be able to faster optimize the production process during the ramp-up phase of a component to maximize quality while minimizing energy consumption and waste. GF Casting Solutions with its headquarters in…

Guy J. Ofek has spent over 16 years helping companies find the best manufacturing solutions throughout Asia. Nearly 11 years of those were in 3D Printing for Stratasys and other vendors. This has made him a seasoned veteran in the field. Guy now works for GF Machining Solutions, a leading provider of machine tools, solutions, and services that is bringing automation and integrated manufacturing to 3D…