Additional agreements with its main shareholder RHJ International S.A. (RHJI) and a lenders’ consortium enable Honsel AG to secure its future in an extremely challenging market environment. Honsel has used the standstill period, during which the payment of interest rates was put on hold and which is expiring by end of April 2009, to achieve major milestones in the restructuring process of its operations and…

Meschede, 25 October 2010 - Honsel AG has applied to the District Court in Arnsberg for insolvency proceedings to be initiated. At all Honsel locations, everything possible is being done to ensure that deliveries to customers continue. Despite intensive negotiations over the past weeks and months on a further, lasting restructuring concept for the company, the parties involved were unable to reach an…

also avaible in Honsel in the “Light Car - Open Source”: Aluminum components make the electric car lighter and safer Honsel is involved in the development and building of the electrically-powered concept vehicle “Light Car - Open Source”. The engineering service provider EDAG has built the car together with partner companies in the supplier industry and is presenting it at the Geneva Motor Show in March…

· MartinRea and Anchorage to acquire Honsel · Green light from Creditors’ Committee · All 4,300 employees keep their jobs · Integration promises growth potential Honsel AG will be getting new owners and investors with Canadian automotive supplier MartinRea International Inc. and the financial investor Anchorage. MartinRea will be acquiring the majority and with it industrial leadership. The Creditors’…

Press Photo “Proven 50 million times. Precise control parts from Honsel are providing high shifting comfort in automatic transmissions ” The precise control parts of Honsel support the high shifting comfort of the 8HP automatic transmission of ZF. In mid-January, Honsel shipped the 50 millionth control component for automatic transmissions. In 2010 alone, the automotive supplier produced 4 million of these…

Lifting equipment in the steel industry is subjected to the roughest conditions, especially extremely high and variable ambient temperatures, difficult and heavy loads, as well as ever-changing and grueling operations. Konecranes provides a wide range of reliable and versatile crane systems and other material handling solutions specially designed to operate under such extreme conditions. Konecranes’…

Dotson Iron Castings employees on Friday celebrated with ice cream and root beer in the break room while workers on the floor began pouring the first molten iron in the five weeks since a fire heavily damaged the plant. "It's nice to see," said employee Jacob Utzka. "It's been kind of slow, so it's good to get up and running." While Jean Bye is now president of the company, chairman Denny Dotson was on hand…

It was a pleasure for foundry-planet redactors to visit TCT Tesic in Iserlohn. It is a great Foundry Marketing & Services company. Since it was established by its owner Zoran Tesic, in 1993, TCT Tesic has focused its attention on achieving customer confidence and satisfaction through its competence and insistence on quality, which has established a sound reputation when working with both sellers and buyers…

What do you do when you need a replacement part for one of the rarest cars in the world? Just 3D print it out of metal. The technology of 3d metal printing is helping to save the rarest cars in the world. Restorers can reverse-engineer rare or nonexistent parts and then print them out of Inconel alloys, aluminum, stainless steel or titanium, allowing them to save and restore the rarest and most complicated…

The Italian foundry industry, renowned for its precision and craftsmanship, plays a crucial role in global supply chains. However, manufacturers face increasing pressure to meet growing customer demands: faster deliveries, smaller batch sizes, and customized solutions. At the same time, cast parts are becoming more complex and delicate, making them difficult and expensive to produce using traditional…