General Motors introduced new investments of almost $332 million for four of its GM Powertrain plants, and added $46 million to previously announced investment programs at two more operations.
Saving electricity costs is an ongoing effort for foundries that operate induction melting systems, and for their equipment and energy suppliers. Inductotherm and Powerit Solutions previously established a working arrangement to help induction melting foundries manage energy consumption using Powerit’s Spara DM™ “smart grid” technology (i.e., two-way digital communications) to control usage and take advantage of utilities’ incentive programs and rate structures....More
When it comes to scrap, quality is more important than ever, but with metal prices rising the risk of contaminated materials entering the supply chain is rising too....More
Refractory products are a direct indicator of industrial demand the consumption of refractories correlates directly to the volumes of metal that is melted, handled, and processed....More
Platinum Equity combined its Diversified Machine Inc. and SMW Automotive LLC holdings to form Chassix, a $1.2-billion enterprise with 3,600 employees at 25 plants in eight countries....More
Alupress AG, an aluminum diecaster, plans to install melting and casting capacity in Laurens County, SC, to support a high-volume machining operation it purchased there recently....More
There’s an element of art in every casting, but it’s often overlooked that there is an impressive degree of technical proficiency at work in the numerous fine-art foundries....More
The popular understanding of 3-D printing is focused on using plastics for modeling and rapid prototyping. But, more direct industrial applications using metals powders and alloys to produce component parts have been growing increasingly sophisticated in labs and factories during the past decade. It’s a mission to bring new tools to the tooling industry....More