I news NDUSTRY


Grede, Georg Fischer Establish Global Partnership Grede Holdings LLC,


Southfi eld, Mich., and Georg Fischer, Schaff hausen, Switzerland, have announced a material licensing arrangement and mutual manufacturing agreement. According to a joint statement,


Grede will manufacture components on behalf of Georg Fischer in the U.S., and Georg Fischer will do the same on behalf of Grede in Europe and Asia. T e companies also have signed


a license and partnership agreement by which Georg Fischer will grant Grede the right to use its proprietary SiboDur iron alloy in the U.S. According to the statement, SiboDur allows for lighter chassis parts that can compete with aluminum in terms


Magna Buys Four Diecasters


Cosma International, Brampton,


Ontario, Canada, has signed an agreement to acquire the four diecasting operations of BDW Technologies Group, Schwaben, Germany. Cosma, an operating unit of Magna International Inc., will acquire two operations in Germany, one in Poland and one in Hungary. BDW’s four facilities perform vacuum high- pressure aluminum diecasting and expect full-year 2011 total sales of about $216 million. Cosma acquired aluminum


permanent mold caster Grenville Castings Ltd., Smiths Falls, Ontario, Canada, in August. Grenville Castings supplies structural castings to the automotive, heavy truck and recreational markets. “T e technologies gained from


BDW will complement the low- pressure casting capabilities we recently acquired from Grenville Castings,” said Horst Prelog, company president. T e company expects the


transaction to be completed in the fi rst quarter of 2012. Cosma has 47 manufacturing


facilities and 25 product development and engineering centers worldwide. 


Jan/Feb 2012 | METAL CASTING DESIGN & PURCHASING | 11


of weight and performance. “Whilst fostering the penetration


of our SiboDur alloy in the U.S., this agreement enables both our companies to better serve the global platform needs of our respective customers,” said Josef Edbauer, head of Georg Fischer Automotive. Georg Fischer operates three


businesses: GF Piping Systems, GF


Automotive and GF AgieCharmilles. T e company has 130 operations, 50 of them production facilities, in 30 countries. Its approximately 13,000 employees generated sales of $3.8 billion in 2010. Grede has annual revenues approaching $1 billion, generated by 5,000 employees in 16 ferrous casting facilities and four machining operations. 


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