. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . inDustrY neWs
Etobicoke Casting: Chrysler’s Latest Metalcasting Investment Chrysler Group LLC, Auburn Hills,
Mich., recently announced it will invest $27.2 million in its Etobicoke Casting Plant in Toronto. The investment in metalcasting
is the third Chrysler has made since May, when it announced it would spend $43 million on new equipment
and tooling to expand the Kokomo Casting and Kokomo Transmission manufacturing plants. In June, the carmaker announced it would invest another $300 million in its facilities in Kokomo for the production of a new transmission. The company said the investment
in Etobicoke will prepare the plant to produce front and rear crossmembers (structural components in vehicle suspension systems that transfer and filter road loads from control arms to vehicle bodies) for future Chrysler vehicles starting in the third quarter 2011. The money will be used to secure new tooling and equipment and bring in new technologies to improve the quality, testing and in- spection processes. The Etobicoke plant currently pro-
duces aluminum die castings and pis- tons for a variety of Chrysler vehicles. “We welcome this investment in the Etobicoke Casting Plant,” said Michael Butz, Etobicoke plant manager. “Be- ing able to expand our part portfolio better aligns with Chrysler’s long-term product strategy, which ensures the future for this facility.” Etobicoke is a nearly 300,000-sq.-ft. diecasting plant. As part of the invest- ment, 280 jobs will be retained. METAL
Plumbing Supplier IPS Buys American Brass & Aluminum Foundry
IPS Corp., Compton, Calif., an-
nounced it has acquired American Brass & Aluminum Foundry (AB&A), Commerce, Calif., which the com- pany says fits its existing plumbing product offerings. American Brass produces and
markets a line of bath wastes, plastic, cast iron and brass plumbing drains and fittings, cleanouts and associated accessories. IPS manufactures indus- trial and commercial solvent cements, primers, sealants, plumbing and roof- ing products, as well as structural and assembly adhesives. “This acquisition strengthens IPS’s
market position by broadening our product offerings for the North Ameri- can plumbing wholesaler and contrac- tor markets,” said IPS Plumbing Divi- sion President Nick Cassella. “[Ameri- can Brass] will immediately become a key brand and product area for IPS, as we continue to offer bundled solutions and a more streamlined process for our customers.”
METAL 10 Metal Casting Design & PurChasing sePteMber/OCtOber 2010
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