INDUSTRY news


Newscast The Wall Street Journal reports


one of Syracuse, N.Y.’s oldest manu- facturers, aluminum casting facility Oberdorfer LLC, has notified the state of its plans to shut down on May 2013. The company has been in business for more than a century. Its leadership cited the economic impact of the recession, particular- ly on its aerospace business. 


In January, FL Sales Inc. present-


ed a check to Dana Coulombe for $76,495.00 at the Canmet Facility in Hamilton, Ontario, Canada, toward scholarships awarded through the Foundry Educational Foundation. The check represented the proceeds from the online auction sale of surplus foundry assets from The Mohawk College Foundry. 


LET US HEAR IT Whether you agree or disagree with what you see in Metal Casting Design and


Purchasing, we welcome your comments. To submit a letter, send an email to Alfred Spada, publisher/editor-in-chief, at aspada@afsinc.org. (Note: All respondents will be contacted prior to publication of letters.)


Rochester Metal Products Forms ESOP


To maintain local ownership and


plan for the long-term continuity of the business, Rochester Metal Products Corp., Rochester, Ind., has announced the formation of an Employee Stock Ownership Plan (ESOP). Under the plan, all manage- ment and office employees will earn stock in the privately held company through what is essential- ly a federally regulated retirement plan designed to invest in com- pany stock. Rochester Metal Products has


been producing iron castings since 1937. Its 200,000 sq.-ft. facility pours gray and ductile iron castings from 0.75 lb. to 50 lbs. 


Mar/Apr 2013 | METAL CASTING DESIGN & PURCHASING | 13


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