At a minimum, Malpass figures the additional orders should allow the recalled workers to remain on the job for two weeks,β¦. Waupaca spokesman Matt Rhodes said the foundry is converting from ductile castings to grey iron castings as the market for products changes.
Evansville-based Accuride Corp. Eva Schmitz, spokeswoman for Accuride, said the company wasn't ready to disclose details of the sale. However, she said, the financials do not include material. Accuride officials identified the buyerβ¦. Bussines Line reported that the CRI Pumps Private Ltd will soon manufacture and market steel valves. The company is setting up a tonne dedicated steel foundry and valves manufacturing unit.
Yash Birla Group has acquired per cent stake in joint venture Birla Perucchini. The stake is bought from Italy-based Fonderia Perucchini. The new company will be called Birla AccuCast. The ferrous foundry group was formed early in by the merger of Citation Corp. Grede Holdings LLC, Southfield, Mich.
The domestic casting giant will acquire the NovoCast and Teknik facilities, both located near Monterrey, Mexico, for an undisclosed sum.
The transaction is pending Mexican regulatory approval and is expected to close by the end of the first quarter. Perucchini's has developed some new full shell moulding foundry's.
