AFS Corporate Member General Motors (Detroit) will power its casting operations in Bedford, Indiana, and Defiance, Ohio, with wind energy. The company is buying a total of 200 megawatts of wind energy from wind farms in Ohio and Illinois to power some facilities in Indiana and Ohio.
Albco Foundry (Lisbon, Ohio) has received ISO 9001:2015 certification from AMPLUS Global Associates.
“Becoming ISO 9001:2015 certified demonstrates our commitment to provide superior products and services that meet the requirements of our customers,” Joe Staffeld, owner, Albco Foundry, said according to BusinessJournalDaily.com. “As the industry and improvements in machinery and technology advance, it’s critical as an organization to be proactive and remain relevant through ISO 9001 standards.”
Trive Capital (Dallas), a private equity firm, through its affiliate WDC Acquisition LLC has acquired substantially all of the assets of Wellman Dynamics Corporation (Creston, Iowa) pursuant to Section 363 of the U.S. Bankruptcy Code. Wellman is an aerospace supplier that manufactures large scale, complex magnesium and aluminum castings for the defense and commercial aerospace markets and other industrial segments.
The sale closed May 7.
AFS Corporate Member Smith Foundry Company (Minneapolis) announced it will participate in the Industrial Manufacturing Technician (IMT) Apprenticeship program, an 18-month long, 3,000-hour program that will build a pipeline of highly qualified and diverse individuals prepared to enter middle- and high-skilled occupations within the manufacturing sector.
Hitchiner Manufacturing Co. Inc. announced plans to expand its New Hampshire operations with the construction of a new, 85,000-square-foot facility on the company’s Elm Street Campus.
The building represents a multi-phased $50 million capital investment and will house operations to support new growth in markets Hitchiner currently serves. The investment is contingent on securing financing and permits from the town and state.
Tooling & Equipment International (Livonia, Michigan) has won the AFS/Metal Casting Design & Purchasing Casting of the Year award for its motorcycle Cyclotron swingarm. TEI teamed with software company Autodesk to design and produce a casting that provides the ultimate performance characteristics with the minimum weight.
AFS Corporate Member McWane Inc. has purchased Waterman Industries (Exeter, California). Waterman manufactures water control products for water treatment, wastewater, agriculture, rural water delivery, hydro-power and flood control management.
Grupo Industrial Saltillo, S.A.B. de C.V., a Mexican multinational industrial conglomerate serving the automotive market, with a presence in the construction and housewares sectors, announced the consolidation of the three auto parts businesses – CIFUNSA, ACE and INFUN – into one unit named Draxton.
Shiloh Industries Inc., a global supplier of lightweighting, noise and vibration solutions, completed its acquisition of its Brabant Alucast Italy and Brabant Alucast Netherlands.
The company will double production capacity for magnesium castings with this addition and says it will "become one of the leading global manufacturers of magnesium cross car beams as well as one of the largest automotive magnesium suppliers worldwide."
Accuride Corporation (Evansville, Indiana), a supplier of components to the North American and European commercial vehicle industries, announced that IndustryWeek magazine selected its Rockford Operations wheel end manufacturing facility in Rockford, Illinois, as a winner of the 2017 IndustryWeek Best Plants competition. The annual program recognizes North American plants that are on the leading edge of efforts to increase competitiveness and customer satisfaction.