Industry News

McWane Ductile Ohio––part of the McWane, Inc. family of companies––has announced a $45 million total investment in its Coshocton County plant. Its investment has more than doubled since the initial $21.5-million collaboration was finalized with JobsOhio, the Ohio Department of Development, Ohio Southeast Economic Development (OhioSE) and the Coshocton County Port Authority, including a 1.372%, six-year Job Creation Tax Credit from the Ohio Tax Credit Authority. 

Potentia Manufacturing Group has purchased New England Foundry, LLC, formerly the Anbar division of Edson International. Located in Taunton, Massachusetts, New England Foundry—which specializes in sand casting of aluminum, brass, and bronze chiefly for the marine market, as well as aerospace and industrial markets—continues to manufacture its products in its updated Taunton facility.

The Lawton Standard Co. has recently added Northern Iron & Machine (NIM) located in St. Paul, Minn., to the Lawton Standard family as part of its expansion strategy. NIM produces and machines high-quality gray, ductile, and austempered iron castings up to 250 lbs. This adds to The Lawton Standard Co.’s offerings by both size and method. This will benefit both Lawton and NIM customers with expanded sourcing options.

Shinhwa Auto USA Corp. is adding a second auto parts manufacturing facility in Auburn, Alabama, as part of a $78 million growth project that will create 42 jobs over the next three years. The company will build a new 400,000-square-foot factory across from its existing location in Auburn Technology Park West. 

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. 

The Metal7 Inc. division of M7 Group, Sept-Îles, Quebec, has announced its acquisition of the assets of the Cast Corporation foundry (Hibbing, Minnesota), which specializes in the design and manufacture of high-performance castings for furnaces, as well as special alloy castings mainly for iron ore pelletizing plants. The newly formed entity is CAST7 LLC.

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.

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. 

AFS Corporate Member Wisconsin Aluminum Foundry (WAF, Manitowoc, Wisconsin) has acquired the assets of castings manufacturer DEE, Inc. in Crookston, Minnesota. The acquisition will expand WAF’s current operations while creating new opportunities with the increased capacity. 

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.