INDUSTRY news
Nemak Expands Global Reach With J.L. French Purchase J.L. French Automotive Castings
Inc., Sheboygan, Wis., announced it has entered into a defi nitive agreement to be acquired by Nemak S.A. de C. V., Monterrey, Mexico. According to a statement released by
J.L. French, the transaction is subject to customary closing conditions, including regulatory approval. T e purchase price was not disclosed. “We feel this acquisition will allow
J.L. French to thrive under the new ownership of a company that has a high stake in our success,” said Tom Musgrave, J.L. French’s chief executive offi cer, president and chairman. “T is transaction will provide long-term fi nancial support for J.L. French.” Nemak is a major supplier in the aluminum automotive components business, with a focus on engine blocks and cylinder heads. Nemak operates facilities in Asia, Europe, North America and South America. T e company employs nearly 18,000 worldwide. “T is acquisition off ers attractive
growth opportunities in aluminum transmission components,” said Alvaro Fernandez Garza, president of Nemak
Nemak will add the J.L. French metalcasting facilities to its global network of automotive component supply plants, including the block and head facilities at its Monterrey, Mexico, headquarters.
parent company Alfa. “Furthermore, J.L. French’s technology will facilitate our entrance into other high value-added products, such as suspension and structural parts.” J.L. French supplies primarily
Craft Pattern & Mold Moves Into New Facility Craft Pattern & Mold, formerly
located in Maple Plain, Minn., has launched a new 35,000-sq.-ft. facility in Montrose, Minn. T e new product development center is equipped to provide tooling, casting, machining, fi nishing and inspection. T e facility more than doubled Craft Pattern’s manufacturing space and allowed the company to add a second molding line and four new machining centers to its capabilities. “We are in our new location and
running at full speed,” said Tony Cremers, company president. Originally a pattern and tooling
shop, Craft Pattern purchased a metalcasting facility in the late 1990s and combined the operations in 2008. T e company focuses on providing cast and plastic rapid prototypes, as well as tooling and machining services, to a variety of end-use industries.
automobile components to the transportation industry. T e company operates six manufacturing facilities throughout the world and employs more than 1,900. Its facilities are located in North America, Europe and Asia.
Craft Pattern & Mold’s new facility in Montrose, Minn., has allowed it to add a second nobake molding line.
May/Jun 2012 | METAL CASTING DESIGN & PURCHASING | 9
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