. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . inDusTry neWs
General Motors (GM), Detroit, an-
GM Puts Another $12 Million in Defiance Casting Plant “This investment is essential in
nounced it will make a $163.2-million investment in three manufacturing plants, including $12.2 million in the Defiance, Ohio, metalcasting facility. The balance of the investment will
be in the engine facility in Flint, Mich. ($138.3 million), and the component maker in Bay City, Mich. ($12.7 mil- lion). The spending is intended to sup- port engine production for the Chev- rolet Volt, Chevrolet Cruze and a new, small Chevrolet to be built in the U.S. The $12.2 million outlay at Defi-
ance will be used to boost produc- tion of engine block and crankshaft castings. The three investments are expected to protect 184 jobs at the manufacturing sites.
Revstone Acquires Dexter Foundry
Manufacturing conglomerate Rev-
stone Industries LLC, Lexington, Ky., announced it has acquired ferrous green sand caster Dexter Foundry, Fairfield, Iowa. Revstone said the company, pur-
chased from Dexter Apache Holdings Inc. for an undisclosed price, will op- erate as part of its cast metals group under the name Revstone Castings Fairfield. The facility is the second metalcaster to join Revstone in the past year. The manufacturer purchased a 250,000-sq.-ft. gray iron plant in Vas- sar, Mich., from Grede Holdings LLC in December 2009. Dexter Foundry pours approximate-
ly 8,000 different gray and ductile iron cast parts for about 250 customers in the U.S., Canada and Mexico. Accord- ing to a Revstone press release, the addition of the customers is intended to diversify the conglomerate’s auto- motive interests to include agricultural and railroad products, construction equipment, and residential appliance components, among others. “The acquisition of Dexter Foundry
fits into two key facets of Revstone’s buying strategy: vertical integration
(continued on page 14) January/February 2011 For Design engineers & Purchasers 9
ensuring we can meet the expected high demand for [these models],” said Kathleen Dilworth, Flint Engine Op- erations plant manager. “These three facilities will continue to play a key role in GM’s resurgence and efforts to bring to market vehicles with segment- leading fuel economy.” Since emerging from bankruptcy in
July 2009, GM has invested more than $3.3 billion in U.S. facilities and created
or retained more than 8,000 jobs in 21 U.S. plants. The company announced a $59 million investment at the Defiance metalcasting facility in April 2010. The latest round of investments will
be used to support increased produc- tion of the Ecotec 1.4-liter engines used in the Cruze and a 1.4-L variant used in the Volt. Flint Engine is expected to start production of 400 engines a day in early 2011 and ramp up to 800 engines a day later this year.
METAL
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