Background: After filing for insolvency in February 2025, business operations were stabilized under the insolvency administrator, attorney Nada Nasser. As part of an international bidding process, all of the company's assets were transferred to the Turkey-based Kutluk Döküm Group. The sale was successfully completed in April. The internationally active group is a Turkey-based foundry group with many years…

Dr. Markus Heering is a highly sought-after conversation partner these days. Not only because the Executive Director of the VDW (German Machine Tool Builders' Association), the organizer of EMO Hanover 2025, answered questions from many journalists, companies, exhibitors and industry representatives on his world tour across three continents, 27 countries and 35 cities. Cameras and microphones were also…

Each project reflects a strong commitment to precision, performance, and long-term reliability. The latest example: a custom-engineered triple-arm mixer now ready for shipment to KSB GIW, Inc. KSB GIW, Inc. , a global leader in slurry pump technology, has been delivering powerful solutions for over 130 years. With a strong presence in hard rock mining, mineral processing, and dredging, the company offers…

The proposed introduction of an industrial electricity price is seen by many as a solution to the crisis facing German industry. However, from the perspective of energy-intensive medium-sized enterprises like Siempelkamp Foundry in Krefeld, this hope is misleading. According to the company, the current plans to adapt the EU state aid framework (Clean Industry Deal State Aid Framework, CISAF) for an…

High energy prices: Though lower than during the 2022 peak, energy costs remain stubbornly high. Industrial electricity prices in the EU are twice as expensive as in the US and nearly 90% higher than in China. Natural gas, critical to automotive manufacturing, shows an even wider gap. This persistent cost disadvantage is squeezing Europe’s energy-intensive sectors. Bold action to bring industrial energy…

This development impacts key parts of the former Opel engineering center in Rüsselsheim and the nearby test track in Rodgau-Dudenhofen—both sites historically regarded as central pillars of German automotive development. The Dudenhofen proving ground, operational since the 1960s, has long been a symbol of integrated automotive testing infrastructure and development depth. For the foundry and supplier…

"We are consistently optimizing our production network in China to align with our long-term electric mobility strategy," a company spokesperson stated. The decision to close the plant is part of ongoing efficiency measures and a clear focus on future-oriented technologies. The Nanjing facility began operations in 2008 and reached an annual production capacity of approximately 300,000 vehicles by 2011. Most…

As part of the cooperation, SCANTEC is expanding its product portfolio with General Kinematics' high-performance vibration technology and now also offers highly specialized custom solutions beyond its existing range. In addition to classic conveyor troughs for sawmills, pellet plants, and board plants, the integration of GK technology also enables customized solutions for demanding conveying tasks. These…

The brand has recently been officially recognized by the Italian Ministry for Enterprises and Made in Italy (UIBM – Ufficio Italiano Brevetti e Marchi) as a “Marchio Storico di Interesse Nazionale” – Historical Trademark of National Interest. With this designation, SAVELLI joins an exclusive group of fewer than 900 companies across the country that have received this prestigious status. Established in 2019…

Despite global challenges and complex market conditions, there are still exciting developments in the foundry industry – especially in Mexico. An outstanding example of this is the impressive new greenfield project by the MAT Foundry Group , which demonstrates advanced technology, streamlined project management and the enduring strength of international cooperation. The project in Pachuca, Mexico , is an…