Industry News

US industrial supply chain poses defense risks according to new study

The U.S. defense industrial base has serious supply chain deficiencies, according to a report just issued by the Trump Administration. The 250 supply chain risks covered in the report include metal castings for military applications.

The study, “Assessing And Strengthening the Manufacturing and Defense Industrial Base and Supply Chain Resiliency of the United States,” warns that if the supply chain risks are not fixed quickly, the Pentagon faces “limited capabilities, insecurity of supply, lack of R&D, program delays, and an inability to surge in times of crisis”

Caterpillar placing facility in South Carolina

AFS Corporate Member Caterpillar Inc. announced it will locate a casting facility in Greenwood County, South Carolina. According to a news release, the company is investing $13.5 million and will create 85 new jobs.

Caterpillar has purchased an existing 103,000-square-foot building in Hodges, South Carolina, and the facility is expected to come online in early 2019. The plant will produce specialty castings used in a variety of engines and transmissions within the Caterpillar product line and will supplement the production of existing castings elsewhere in the company.

Investors buy Sivyer Steel

A group of investors bought Sivyer Steel (Bettendorf, Iowa) out of bankruptcy.

According to local reports, the group bought Sivyer for $6.5 million in July. Sivyer will continue to operate under a new name, Sivyer Steel Castings LLC, and the 325,000 sq. ft. facility will be renovated and updated.

Cadillac Casting pioneers cryotherapy as free employee benefit

AFS Corporate Member Cadillac Casting (Cadillac, Michigan) is believed to have become the first company in America known to provide cryotherapy as a free employee benefit, helping its staff recover from the physical demands of working in an iron foundry.

The company provides unlimited access to its 400 employees and their spouses to sessions in an Impact Cryotherapy Cryosauna that is operated by Pine Grove Athletic Club (Cadillac, Michigan).

Amsted Rail purchases AFC-Holcroft furnace line

AFS Corporate Member Amsted Rail (Chicago) a provider of fully integrated freight car systems for the heavy haul rail market, has added a new, complete AFC-Holcroft UBH line to meet a growing need for additional heat treatment capacity.

This purchase includes a batch style carburizing furnace, two expansion modules to increase endothermic generator gas output, a rotary hearth reheat furnace for press quenching, and a continuous integrated parts washer and temper furnace

AFS additive manufacturing conference kicks off with tour

As people toured the University of Louisville Rapid Prototyping Center, the murmurs and whispers were the same.
 
“They’ve got a pretty good layout here.”
 
“This is pretty nice.”
 
Monday’s tour was the unofficial beginning of the 2018 Additive Manufacturing For Metalcasting Conference, and the trip to the center began the week on an informative and cutting-edge no

Consolidated Precision Products acquiring Selmet

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.

With the acquisition of Selmet, CPP will expand its offering to include titanium castings.