Visit MODERN CASTING’s late-breaking metalcasting news at
www.moderncasting.com Industry News Union Agreement Saves Navistar’s Indianapolis Casting
moderncasting.com Where It’s At
Wherever you fi nd
the cast metal Where It’s At sign (right) in this issue, access additional content on the web at
www.moderncasting.com:
• Table of Contents: Web-only article on how to best use breaker cores.
• “The Architecture of a Metalcasting Giant”: Audiocast with Doug Grimm, CEO of the new Grede.
• “Opening the Gate to Wrought Casting”: Presentation on Johnson Brass’s centrifugally cast “wrought” alloys.
Union employees of truck maker Navistar’s Indianapolis Casting Corp., Indianapolis, agreed to a new labor agreement that has stopped closure procedures that have been underway at the metalcasting facility for more than a year. The employees, represented by the United Auto Workers union, “voted to approve signifi cant fl exibility and cost improvements” as part of the agreement, according to a statement issued by Navistar. With the agreement in place, the metalcasting facility, which was set to close July 16, will now eventually resume production.
Neenah Secures Bankruptcy Exit Financing
Neenah Enterprises Inc., Neenah, Wis., announced it has secured fi nancing commitments for its exit from bankruptcy. The municipal and industrial market casting supplier said it expects its emergence from bankruptcy to continue on schedule, with a confi rmation hearing for its reorganization plan held on July 6 and closure on the fi nancing completed two weeks later. Neenah an- nounced in a statement that it will have reduced its debt by more than $270 million upon emergence.
,” . Product Innovations
Robotics Could Make Rapid Production of Large Parts Easier, Cheaper—Clinkenbeard, Rockford, Ill., partnered with the American Metalcasting Consortium to run a feasibility test on the use of robotic technology to rapidly produce sand molds and cores for large parts.
“We are going to focus on iron. Excessive diversifi cation has led to the demise of other companies.”—Todd Heavin, Grede Holdings LLC
Worth Repeating MODERN CASTING / August 2010 3 Seminars
Question of the Month The June web poll asked: Which of
the following non-monetary awards do you use to build employee morale?
Company Outings/ Lunches
Gifts for Achieving Goals
None Other
12.9% 22.6%
16.1% 41.9%
Motivational 6.5%
This month’s question is available at
www.moderncasting.com.
HOTLINE
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