INDUSTRY NEWS
Grede Adding Capacity to Facility in Monterrey, Mexico Grede Holdings LLC,
Southfield, Mich., announced it is adding capacity to its NovoCast ferrous metalcasting facility in Monterrey, Mexico, to help meet the growing demands of its automotive and heavy truck customers in the region.
Te plant will be installing
a new pressure pouring system, which effectively adds 8,000 metric tons per year of capac- ity, a 12% increase. Te capital equipment is expected to be installed by February 2014. “Our commitment to the
Mexico market remains strong, as shown by the investment we are making in our NovoCast facility,” said Doug Grimm, chairman, president and CEO, Grede Holdings LLC. “Our customers are among the
leaders in the region and this capacity increase allows us to support their growth projections.” Grede Holdings LLC was
formed in 2010 through the combination of assets of the former Grede Foundries Inc., Blackhawk Foundry (USA) and Citation Corp. With estimated annual revenues exceeding $1 billion, the company specializes in high quality ductile, gray and specialty iron castings, includ- ing lost foam and high silicon molybdenum applications.
Grede Holdings LLC has 4,700 employees and operates 16 metalcasting facilities and four machining operations in North America serving the transportation and industrial markets globally. Shown is the Kingsford, Mich. plant.
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