Industry News

Acme Alliance Named a 2021 National Metalworking Reshoring Award Winner swetzel Tue, 11/16/2021 - 17:39

Acme Alliance LLC, (Northbrook, Illinois) received the 2021 National Metalworking Reshoring Award in recognition of its success bringing manufacturing back home to the U.S. The award was presented at FABTECH on September 14.

The award is given annually in recognition of successful reshoring and honors companies that have effectively brought back to the U.S. products, parts or tooling made primarily by metal forming, fabricating, casting or machining, including additive manufacturing. Both OEMs and suppliers are eligible. 

Ermak Foundry & Machining acquires Patriot Foundry & Castings, RDS Dock Hardware

AFS Corporate Member Ermak Foundry & Machining (Chaska, Minnesota) has acquired Patriot Foundry & Castings and RDS Dock Hardware of Franklin, New Hamp-shire. Customers will benefit from the combined capabilities to produce nonferrous products from green sand molds, no-bake/air set, permanent mold/gravity-fed die-cast, and the associated services of machining, heat treating, precision grinding, painting, anodizing/plating, and assembly. 

TRM Equity acquires all assets of Elyria Foundry and Hodge Foundry

TRM Equity has acquired Elyria Foundry and Hodge Foundry (Elyria, Ohio), a company specializing in ductile iron castings up to 200,000 pounds and serving many markets including defense, oil and gas, construction equipment and mining. Elyria Foundry has operated since the early 1900s and has developed a strong technical and metallurgical team that drives its success. 

Kimura installs 4th furnace––with 1-ton capacity

A new Pillar Induction furnace with 1-ton melting capacity has been installed at AFS Corporate Member Kimura Foundry America, Inc. (Shelbyville, Indiana). The addition enables Kimura to meet customer demand for heavier casting parts, particularly in the construction, agricultural machinery, power generation, oil & gas, pump and compressor industries. The foundry also expects to improve pouring efficiency and casting turnaround thanks to the high-capacity furnace’s ability to pour multiple parts simultaneously.

Appalachian Cast Products poised for growth with new investment

Premier Engineered Products’ (PEP, Grand Rapids, Michigan), which owns Appalachian Cast Products (Abingdon, Virginia), has a new investor; Charter Growth Capital Fund (CGCF) has provided mezzanine debt in support of PEP’s recapitalization. Birmingham, Michigan-based Colfax Creek is the lead investor in the transaction. Colfax Creek and foundry veteran Mike Ryan, formed PEP in January 2019 to recapitalize Appalachian Cast Products (ACP) and integrate Premier Die Casting's production into its Abingdon facility.