Articles: Industry News

Television viewers nationwide will soon get a glimpse of the exciting world of metalcasting thanks to a fast-paced video from the American Foundry Society and the Foundry Educational Foundation (FEF). 

In July, Daedalus Investments LLC, parent company of Tech Cast Limited, announced it has purchased Oklahoma-based ClassIQ Manufacturing. ClassIQ provides additive manufacturing (AM) services in several markets, one of which is the investment casting industry.

Shinhwa Auto USA Corp. announced last month it will invest $114 million to expand its manufacturing operation in Auburn to support the production of electric vehicle parts.

The growth project will create 50 jobs and add a new 170,000 sq.-ft. production building on Shinhwa’s campus in Auburn Technology Park West. The expansion will be the South Korean company’s third since selecting the Alabama city as the site of its first U.S. plant in 2019.

Tyler Union, part of the McWane Inc. family of companies, broke ground on the expansion of its melting and molding operation. The new $24 million investment will add 54,000 sq.ft. to its existing footprint in Anniston, Alabama.

Modern Casting magazine has named AFS Corporate Member Benton Foundry its “Metalcaster of the Year.” Based in the mountains of central-eastern Pennsylvania, the iron metalcaster completed one of the largest expansions in its history last fall: The 70,000 sq. ft. of new and renovated space improved and enhanced its coremaking capabilities, increased capacity and efficiency, improved process control, and added 50 new jobs.

McWane Poles, part of AFS Corporate Member McWane Inc.’s family of companies, has opened its newest ductile iron utility poles facility in Provo, Utah. The $18.5 million investment complements McWane’s existing presence in the area and marks the second facility dedicated to poles.

MacLean Power Systems, (MPS) a manufacturer of products for transmission, distribution, substation, and communications infrastructure, has completed the purchase of AFS Corporate Member Dotson Iron Castings, a ductile iron foundry located in Mankato, Minnesota.

Pending certain approvals, A.Y. McDonald Mfg. Co. will begin construction this year on a state-of-the-art brass foundry in the Southwest Wisconsin town of Dickeyville, which be the largest project in the company’s 167-year history.

“Our new foundry will be built on a 100-acre parcel in a new industrial park being co-developed by A.Y. McDonald and Jeff Kaiser,” said Rob McDonald, CEO. “This large parcel will serve the growth needs of the company for generations to come.”  CS

Modern Casting and Casting Source received two writing awards from the American Society of Business Publication Editors (ASBPE) at the Upper Midwest Region awards banquet in Chicago on April 13. Called the “AZBEES,” the awards recognize excellence in journalistic reporting for business-to-business and trade publications.

On March 30, Victaulic, a manufacturer of mechanical pipe joining, fire protection and flow control solutions, acquired Horizon Metals Inc., located in Nephi, Utah. Victaulic stated the addition of the 1.4-million sq.-ft. foundry increases its capacity for large-diameter piping solutions and is aligned with the strategy to manufacture these products in the U.S.