Industry News

Forecast & Trends Report Available to AFS Corporate Members

AFS Corporate Members have received a complimentary 2025 Metalcasting Forecast and Trends Report. This economic report, compiled from numerous government and industry sources, is packed with information to help you navigate the dynamic metalcasting landscape. It includes strategic insights with current data that will help drive business intelligence and financial optimization throughout the year. 

The recent edition provides predictions on sales growth, including a projection of 4.2% increase in casting sales in 2025, reaching $50.1 billion.

MAGMA to expand into Mexico

AFS Corporate Member MAGMA Foundry Technologies Inc. has announced its expansion to the Monterrey, Mexico region, establishing a branch office to provide services to the Mexican metalcasting industry. 

Its newest location, located in San Pedro Garza Garcia, Mexico, is expected to open this quarter. Based on their growing business demands, MAGMA aims to accelerate growth in the Mexican market and strengthen communication by engaging in client initiatives, educating current customers, and building strategic partnerships. 

Bradken’s Specialty Products becomes Vulcan Metals

Bradken’s Specialty Products North America (SPNAM) business has been sold to Los Angeles-based investment firm TerraMar Capital. SPNAM manufactures highly-engineered, large, complex, mission critical castings for customers in defense, specialized industrial, rail and transit markets.

The locations in Tacoma Washington, Atchison Kansas, St. Joseph, Missouri, and London, Ontario are included in the acquisition. Due to the divesture from Bradken, they have taken the name Vulcan Metals Corp.

Waupaca Foundry Named a ‘Vets Ready Employer’

AFS Corporate Member Waupaca Foundry is one of 22 employers statewide recognized as a 2024 Vets Ready Employer by the Wisconsin Department of Workforce Development (DWD) and its Office of Veteran Employment Services (OVES). The annual award recognizes Wisconsin employers that have gone above and beyond to hire and support veterans and their families.

Approximately 10% of the foundry’s workforce are veterans of the armed services, and several team members have been employed while on active duty with the National Guard. The firm employs 3,500 people nationwide. 

McWane Ductile Wins OSHA Contest

AFS Corporate Member McWane Ductile of Phillipsburg, New Jersey, was among the winners of OSHA’s 2024 “Beat the Heat” contest. The annual contest highlights strong efforts to help protect workers from heat hazards.

This is the second consecutive year that one of McWane Ductile’s foundries have earned the recognition––in 2023, McWane Ductile Ohio in Coshocton won the award.

AFS Member Hosts Army War Game

Senior leaders from across the U.S. Army gathered early in December at AFS Corporate Member Rock Island Arsenals Joint Manufacturing and Technology Center for a two-day war game about advanced manufacturing.

The session focused on enhancing and synchronizing efforts so the Army can best leverage technology to achieve its modernization and readiness goals. Advanced manufacturing is viewed as a potential game-changer for how the Army designs, produces, delivers, and sustains materiel capabilities.