Zug, Switzerland-based Partners Group, a global private markets investment manager, has signed an agreement to acquire a controlling stake in Dynacast International, Charlotte, N.C., on behalf of its clients. The transaction has an overall enterprise value of $1.1 billion and is expected to close in February 2015. Founded nearly 80 […]
Monthly Archives: January 2015
Dongfeng Commercial Vehicle Co., Ltd., one of China’s leading truck brands and China’s largest heavy duty truckmaker, has entered into a technology supply agreement with process control specialist SinterCast, Stockholm, for compacted graphite iron (CGI) product development. Under the terms of the agreement, a SinterCast Mini-System 3000 will be installed […]
Dongfeng Trucks Installs SinterCast Process Control
Birmingham, Ala.-based U.S. Pipe and Foundry Co. has completed its acquisition of Metalfit Inc., Monterrey, Mexico. Metalfit manufactures waterworks fittings and industrial castings, and like U.S. Pipe, primarily serves the water and wastewater industries. “With the addition of Metalfit, we can offer our customers a broader range of products and […]
U.S. Pipe and Foundry Acquires Metalfit
Shiloh Industries Inc., Valley City, Ohio, has opened an aluminum diecasting plant in Clarksville, Tenn. The lightweighting, noise and vibration products supplier bought the site in August 2013. The company estimates it will invest more than $20 million and add 150 jobs at the plant during the next five years. […]
Shiloh Industries Opens Aluminum Diecasting Facility in Tennessee
Alcoa, New York, plans to further expand its global aerospace business through a definitive agreement to acquire privately held TITAL, Bestwig, Germany. The acquisition will strengthen Alcoa’s global position to capture increasing demand for advanced jet engine components made of titanium. TITAL produces titanium and aluminum structural castings for aircraft […]
Alcoa to Acquire TITAL, Expand in Titanium Aerospace Components
Italy-based Brembo will build a metalcasting facility and new production plant for aluminum calipers in Escobedo, Nuevo Leon, just outside of Monterrey, Mexico. The plant is expected to commence initial production in 2016 and be fully operational by the end of 2018. Brembo’s total investment in the facility from 2015 […]
Brembo to Invest $39 Million for New Plant in Mexico
Indometal 2014 brought together 296 prominent companies from 26 countries including five national pavilions and groups. Held over three days from Dec. 11-13 at the Jakarta International Expo Kemayoran, Indometal was well-received by the industry together with the synergistic concurrent seminars, reflecting its strategic position as the country’s only dedicated […]
Indometal 2014: Proven Platform for Indonesia’s Metal and Steel Industries
In late autumn 2014, MAGMA hosted its biannual International MAGMA User Meeting in Potsdam, situated in the heart of the Berlin/Brandenburg Metropolitan Region. More than 250 MAGMASOFT users from different industries and research institutes from all over the world joined the two-day event to learn more about casting process simulation […]
International MAGMA Users Exchanged Their Experiences With Casting Process Simulation
FATA Aluminum LLC, Auburn Hills, Mich., with companies in the U.S., Italy and Mexico, supplies the global market with automated casting systems for cylinder heads, blocks, pistons and sand regeneration. It has launched a cooperation with Eco Sand, a leading company in the Brazilian market for nobake systems, sand handling […]
FATA Aluminum Signs Brazil Cooperation Agreement
If you have never been in the middle of Jutland in Denmark before, it is exciting to meet friends, CEOs and engineers from leading foundries around the globe. DISA arranged a convenient and challenging program in the middle of Jutland, Denmark for CEOs and engineers from leading foundries around the […]