An aluminum producer is expanding its plant in western Kentucky with an $8.3 million investment. Kentucky Gov. Matt Bevin's office says Audubon Metals is expanding its Henderson plant and creating an additional 39 jobs. The 21,000-square foot (1951-sq. meter) addition at Audubon will expand the facility to more than 333,000 square feet (30936.45 sq. meters). The expansion will house a new furnace for…

A strong North American auto sales market predicted for 2016 is prompting a Bowling Green manufacturer to step up production next month. Chris Guthrie, president of Trace Die Cast Inc. in Bowling Green, said Monday that production at the local plant will be increased in December to meet projections for the first quarter of 2016. Trace Die Cast offers technology-driven, high-pressure die casting solutions…

Citation said it plans to integrate the Foseco-Morval lost foam pattern-molding facility in Bessemer, Ala. and its more than 30 hourly and salaried workers into the capabilities of its lost foam facility in Columbiana, Ala. The new operation will operate as the Citation Lost Foam Patterns LLC division from the Bessemer location. The lost foam casting process provides up to a 25 percent cost savings and a…

On Monday Sakthi Automotive Group broke ground on a new $30 million facility as it continues to expand its operations in southwest Detroit DETROIT - An automotive supplier from India is making a major investment in Detroit. The company will pump $30 million into the southwest side and create hundreds of new jobs. It was a celebration in southwest Detroit on Monday. "It's a special day," Detroit Mayor Mike…

In a bow to inflationary pressures, automakers are working out new ways to increase prices paid to suppliers pounded by the soaring cost of raw materials . General Motors and others are using world price indexes to grant automatic price increases to suppliers whose commodities are becoming more expensive. The trend to pass-throughs is far from universal, and suppliers say it’s developing in patchwork…

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,…

A supplier to automakers will spend about $2.5 million to open a 25-employee facility in Lincoln County. Magna-Tech Manufacturing Corp. of Muncie, Ind., will heat-treat and seal automotive castings that are used in engines and transmissions. The facility will open this year in a Keith Corp. speculative building in the Lincoln County Industrial Park. Lincoln County is giving the company a total of $41,000 in…

Grimy oil covered the foundry's floors. Darkness ruled. Workers came and went before long. That was the way things were at Gunite, a semitrailer truck brake drum maker, when Jeff Clark — now director of production management — started working at the foundry 34 years ago. New hires would "come here for a day or two and say, 'What did I do?' " When Mark Bucey, senior product engineer, began working at the…

Berkshire Hathaway Inc. (“Berkshire”) (NYSE:BRK.A) (NYSE:BRK.B) and Precision Castparts Corp. (“PCC”) (NYSE:PCP) today announced the completion of the acquisition of PCC for $235 per share in an all-cash transaction. The transaction having been approved by PCC shareholders and having met all U.S. and non-U.S. regulatory filing requirements, is valued at approximately $37.2 billion, including outstanding PCC…

For years, Columbus Castings has been cited for environmental and workplace violations. The steel foundry based in Columbus dates back to the 1880's and is embroiled in federal bankruptcy proceedings in the Delaware district. It's not the first time that the company has filed for Chapter 11 relief. As a result of mounting debt levels and failing to comply with environmental regulations that come with fines…