. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . inDustry neWs
Diecaster Fort Recovery Industries to Open New Plant in Indiana Diecaster Fort Recovery Industries
Inc., Fort Recovery, Ohio, announced it plans to locate a new manufacturing facility in Portland, Ind., creating up to 40 new jobs by 2013. The company, which specializes in
zinc and aluminum diecasting, said in a press release it plans to spend approxi- mately $4.5 million to purchase and equip an existing 50,000-sq.-ft. facility. The site will focus primarily on produc- tion and storage of diecast aluminum hardware for the automotive and of- fice furniture industries. The company
expects to begin hiring manufacturing and warehousing associates in the next several months, once upgrades at the facility are completed. “Through the efforts of the entire
Fort Recovery Industries team, our busi- ness has grown,” said Dean Jetter, the company’s chief operating officer. “We are grateful for growth with our existing customers and new business with new customers. We are adding additional ca- pacity to supply our customers’ needs.” The Indiana Economic Develop- ment Corp. offered Fort Recovery up
to $275,000 in performance-based tax credits based on the job creation plans, according to the diecaster’s statement. The city of Portland has preliminar- ily approved additional property tax abatement at the request of the Jay County Development Corp. Fort Recovery casts more than 14
million lbs. of aluminum and zinc an- nually for customers in the appliance, automotive, commercial refrigeration, and office furniture and builders hard- ware industries. The company employs approximately 400.
METAL Chromalloy Adding $5 Million Core Room to New Casting Plant
Turbine parts company Chromalloy announced it will build a $5 million ceramic core production facility adja- cent to its new Tampa, Fla., investment casting center. “Chromalloy plans to expand our
capability in Tampa with a new 40,000-sq.-ft. facility to manufacture the critical ceramic cores used to cast superalloy turbine engine vanes and blades,” said Armand Lauzon Jr., Chro- malloy president.
According to company officials,
pre-engineering for the core facility is complete, and construction will begin this year. The facility is scheduled to be operational in early 2012.
(continued on page 14)
10 Metal Casting Design & PurChasing
January/February 2011
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