INDUSTRY news
Germany-based KSM Castings to Open New Facility in U.S. By opening up new business
opportunities in the U.S., KSM Castings, Hildesheim, Germany, is expanding as a provider of com- plex light-metal components for powertrain and chassis compo- nents in the automotive industry. “This decision to invest in a new plant in the U.S. is a further
step in the global expansion of our production platform,” said Dr. Frank Boshoff, CEO, KSM Castings. “The new production site in North Carolina will enable us to supply our cur- rent and future customers in the growing U.S. market on a more local basis.”
Boshoff cited increasing demand
for effi cient automotive products as the reason behind a growing need for light-alloy castings with a high level of technological quality. The facility in Shelby, N.C.,
is scheduled to begin hiring and staffing in late 2013. It is expected to be operational in early 2014. T is move into the North Ameri-
can market is part of a global growth strategy. KSM Castings is owned by the Chinese wheel manufactur- ers CITIC Dicastal. KSM operates six plants in Europe and China with 2,900 employees. Its customers include automobile manufacturers and tier-one suppliers such as the Volkswagen Group, Daimler, ZF, Benteler and Bosch.
US Holdings Launches Eagle Manufacturing Group Brand
US Holdings Inc., Miami, has announced a new name for its holding group, Eagle Manufac- turing Group. The name change is intended to clarify the parent company’s relationship to its op- erating companies, US Foundry and Manufacturing Corp., USF Fabrication, United Concrete Products and Eagle Metal Pro- cessing & Recycling. The group’s primary focus is on the municipal construction market. US Foundry produces municipal castings such as manhole covers from an ISO 9001:2008 certified facility in Medley, Fla. Each company within the
group has its own identity, and their logos are anchored by an eagle head, which is a reminder of the group’s “Made In America” product lines. In addition to the brand identity package, each com- pany launched a newly designed website to showcase the company’s modern look-and-feel and link each to the main Eagle Manufac- turing Group website.
12 | METAL CASTING DESIGN & PURCHASING | Mar/Apr 2013
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