Private equity firm, Oakland Standard Company, announced Damascus Steel Casting Company has joined Temperform and The C.A. Lawton Co. in its specialty metals platform.
Damascus Steel, founded in 1906, supplies high-performance steel castings to a variety of industries. The company proves low to medium volume shell mold castings from concept to finished product, which “aligns with the engineered castings approach of the platform,” according to a press release.
AFS Corporate Member Benton Foundry (Benton, Pennsylvania) will be expanding its iron casting operations over the next three years, creating at least 40 new jobs, according to an announcement from Pennsylvania Governor Tom Wolf. Roughly 80,000 sq.ft. of manufacturing space will either be added, replaced or repurposed in the $21 million investment.
Tesla has filed another patent applicaiton to do with a metalcasting invention, this time for aluminum diecasting alloys. Last summer, it was published that the company had filed a patent application for a "multidirectional unibody casting machine for a vehicle frame and associated methods."
Mitsui Kinzoku Die-Casting Technology America is building a $20 million facility in Griffin, Georgia. The project is expected to create 30 jobs, with the potential for more as the plant expands.
“We are honored to locate our U.S. manufacturing site in the beautiful city of Griffin,” said Hiroyuki Nakazawa, president, Mitsui Kinzoku Die-Casting Technology Co. “MKDA will strive to be a company that is rooted in the local community.”
Precision Castparts Corp. announced Mason, Ohio, will house a concept research and development integration center for its PCC Aerostructures division and a manufacturing innovation center for its SPS Technologies business.
PCC will invest $128 million in two facilities on 31 acres. The new campus is expected to bring 190 new employees to the city.
AFS Corporate Member Mercury Marine (Fond Du Lac, Wisconsin) received the Sustainable Process Award from the Wisconsin Sustainable Business Council.
The award recognized Mercury Marine for sustainability in the company’s manufacturing of aluminum outboard marine engine blocks.
The company uses recycled sources of aluminum, which saves energy. They also use less energy when melting metal.
AFS Corporate Member The C.A. Lawton Company (De Pere, Wisconsin) has merged with Temperform (Novi, Michigan) as part of a long-term acquisition and expansion strategy.
Day-to-day operations will remain the same at both Temperform and The C.A. Lawton Co. The companies said in a news release they are “creating a new specialty metals platform that will better position both companies for growth in the industry.” This merger will allow each company access to the other’s products and enhance value-added offerings across their customer bases.
AFS Corporate Member St. Paul Foundry (St. Paul, Minnesota) announced the successful completion of its annual AS9100(D) and ISO 9001:2015 surveillance audit.
“Our auditor said that our progress over the past year was some of the best he has seen in his career. He said the growth and maturity of our systems was exceptional. There were zero findings from the audit,” said David Hartigan, Quality Engineering Manager.
Kent Foundry (Greenville, Michigan) is set to begin work on a $3.5 million expansion project that would bring 30 new employees to the metalcaster.
Kent is a manufacturer of gray and ductile iron castings, and its parent company Canerector Inc. (Toronto) announced the plans in July of last year.
According to local reports, Brinco (Wilmington, Delaware) is planning to open a steel casting plant in Bristol, Indiana.
The Elkhart Truth reported Brinco will invest almost $35 million and is planning to hire 250 workers. The plant would produce rail parts.