Consolidated Precision Products Corp. (Cleveland), a manufacturer of components and sub-assemblies primarily for the commercial aerospace and defense markets, announced it has reached an agreement to acquire Selmet Inc. (Albany, Oregon).
Selmet is a manufacturer of titanium castings and machined components for the aerospace and defense industries. Founded in 1983, Selmet operates an investment casting foundry.
Terves broke ground on a 12,000 sq. ft. expansion to its magnesium foundry.
AFS Corporate Member Betz Industries (Grand Rapids, Michigan) is planning to invest $3.5 million to add a new 41,280 sq. ft. facility in Walker, Michigan, that would offer machining services. The gray and ductile iron caster produces castings for multiple industries.
According to a report from MiBiz.com, the addition could add 15 new jobs and will allow the company to machine products instead of sub-contracting to other facilities.
AFS Corporate Member Waupaca Foundry (Waupaca, Wisconsin) was honored by Toyota Industrial Equipment Manufacturing with one of five available professional excellence awards. Waupaca is the first Tier II supplier to be honored with one of these awards.
Waupaca has supplied iron castings to TIEM since 2002. In 2017, Waupaca was contracted to produce 21 parts at its gray and ductile iron foundries in Waupaca and Marinette, Wisconsin, and Tell City, Indiana.
Consolidated Precision Products Corp. (Cleveland), a manufacturer of components and sub-assemblies primarily for the commercial aerospace and defense markets, announced it has reached an agreement to acquire Selmet Inc. (Albany, Oregon).
Selmet is a manufacturer of titanium castings and machined components for the aerospace and defense industries. Founded in 1983, Selmet operates an investment casting foundry.
ASTM International made two announcements related to standards that have implications in metalcasting.
Ryobi Die Casting (Shelbyville, Indiana), a supplier of aluminum diecastings was recognized with an Excellence in Quality Award from Honda at its Annual Supplier Conference.
AFS Corporate Member ATEK Metal Technologies (New Hampton, Iowa) is expanding its plant and technical capabilities to keep up with demand. The company has recently completed a significant expansion of its metal casting, heat treatment and finished machining capabilities.
The merger between AFS Corporate Members Unimin Corporation and Fairmount Santrol is complete, and the new name of the company is Covia Holdings Corporation (Chesterland, Ohio).