Several specific industry policy decisions have been reached at a meeting between German Chancellor Angela Merkel and Hungary’s Prime Minister Viktor Orbán in Budapest on Monday, business news portal vs.hu has reported on Tuesday, citing local and German economic sources. Among other things, it is foreseen that BMW will build a plant in Hungary and Daimler will further increase its manufacturing capacities…

Central European economies have experienced a historically important event: after many decades of weak trade unions, Audi workers accomplished a successful strike in Győr. The stakes were high and the German company neglected to foresee the unusually high increase in demands. It isn’t usual for workers from multinational companies to strike. This recent event is the most significant of its kind in the last…

German industrial group Thyssenkrupp is investing 100 million euros ($110 million) to build a new engine and steering components plant in Hungary, the company said today. Thyssenkrupp said the move was necessary to help it fulfil large orders it had won from global carmakers in the past months. Thyssenkrupp already has a software development center for steering technology in Budapest and an assembly plant…

Facility to Double Production of Alcoa’s Aluminum Dura-Bright® EVO Surface-Treated Wheels NEW YORK & SZÉKESFEHÉRVÁR, Hungary Alcoa (NYSE:AA), the inventor and global leader of forged aluminum wheels, is investing US$13 million to expand its wheel manufacturing plant in Europe, to meet growing demand for its lightweight, durable, low-maintenance aluminum truck wheels. The expansion of the Székesfehérvár,…

Columbian foundry replaces 16 manual squeezers and reduces scrap from 22% to less than 9% with improved surface finishes Landers Foundry of Medellin, Columbia had replaced 16 manual squeezers with a single Hunter matchplate molding line, including fully automated mold handling. The company's expectation was a drastic reduction in sand scrap plus improved productivity in the operation, but problems arose.…

Bill Hunter assumes 100% ownership of pioneering company in automatic matchplate molding machinery for sand casting Hunter Automated Machinery today announced the completion of an asset buyout of the company and all its foreign subsidiaries by current President Bill Hunter. In his words, “We have successfully crossed the bridge of generational transition with this arrangement.” Mr. Hunter bought the assets…

Al Hunter Al Hunter passed peacefully on October 29, 2011 in Naples, Florida. A true giant in the world foundry market, Mr. Hunter changed the way sandcasting was done, by his invention of the Hunter matchplate molding machine in 1964 and various mold handling systems beginning in 1970. He built his first machine, helped by his son and current president of the company, Bill, for sale to Moline Corporation…

SMG Group announces the acquisition of Hunter Foundry Machinery Corporation, the world leader in matchplate molding machines, mold handling equipment and sand casting technology for the global foundry market. The acquisition was finalized on July 24, 2024 at Hunter headquarters in Schaumburg, Illinois (Chicago). Manny Gandhi, CEO of SMG Group, expressed his thoughts about this strategic move for his firm,…