Industry News

New family owners at Tonkawa Foundry

The sibling owners of Tonkawa Foundry, Inc., (TFI) Tonkawa, Oklahoma, have sold their family business to Mauricio and Alhena Torres, who assumed ownership January 1. The couple has relocated from Dallas with their four-year-old daughter, Paloma.

Having operated the foundry for over 40 years, Sandy Salisbury Linton and Jim Salisbury said they’re pleased the company will remain a family-owned business. 

Grede rolls out e-mobility emphasis to grow automotive, industrial market share

AFS Corporate Member Grede Holdings LLC (Southfield, MI) announced a sharpened focus on e-mobility to leverage electric vehicle opportunities for the light vehicle, commercial vehicle, and industrial markets. Developing and quoting millions of dollars in cast iron solutions for the electrification market, the company said its increasing commitment aligns with a growing e-mobility market they expect will rapidly accelerate from 2025 to 2030.

Canekast, Inc. buys Cushman Foundry

Cushman Foundry, Blue Ash, Ohio, was acquired in January by AFS Corporate Member CaneKast. Cushman Foundry’s history stretches back over 30 years as an independent producer of high-quality aluminum castings for many industries, including the fire suppression, industrial fan, and control markets. Before that, Cushman Foundry was a captive facility for one of the current company’s largest customers. 

Linamar acquires full ownership of joint venture casting facility

Linamar Corporation has acquired GF Casting Solutions’ 50% interest in the two companies’ 2015 joint venture, GF Linamar LLC (GFL) located in Mills River, North Carolina––as a result, Linamar will assume 100% ownership and operational control of the business. GF Casting Solutions (GF) is a division of Georg Fischer AG.

Combining expertise in high-pressure diecasting and machining to provide lightweight solutions for automotive and commercial vehicle customers, GFL manufactures structural and powertrain components in aluminum and magnesium.

Gränges’ Tennessee investment to enable near-zero carbon solutions

Gränges will invest $52 million to expand its recycling and casting operations in Huntingdon, Tennessee, enabling its market launch of near-zero carbon aluminum solutions in 2024 aimed at meeting growing demand for sustainable products in North America. The new center will be powered via renewable electricity as part of the Tennessee Valley Authority (TVA) Green Invest program.

Kimura Foundry America expands capacity with fourth 3D sand printer

AFS Corporate Member Kimura Foundry America, Inc. (Shelbyville, Indiana) will install a new ExOne S-Max 3D sand printer this quarter to increase capacity and meet diverse market demands for high quality castings with quick turnaround times. It becomes the fourth sand mold and core printer for the foundry’s U.S. location; the company also operates six at its headquarters in Japan.

Volvo purchases two megacasting cells

The Swedish premium car brand Volvo Cars has purchased two Carat 840 die-casting cells for its factory in Torslanda, Sweden. The Carat 840, along with Carat 920, Bühler’s largest die-casting solutions, were launched in 2021. 

In October 2021, Bühler launched the Carat 840 and the Carat 920 with locking forces of up to 92,000 kilonewtons (kN). With these machines, Volvo can produce structural castings for automotive body in white assemblies, known as megacastings.