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INDUSTRY NEWS


Shiloh Industries Plans Expansion A subsidiary of Shiloh Industries Inc., Valley City, Ohio,


Shiloh Die Cast Midwest, plans to expand two facilities to support increased demand from automakers for lightweighting technologies. Te company will invest $7.8 million to renovate and add equipment to two sites in Indiana: a 120,000 sq.-ft. high pressure diecasting facility in Auburn and a 106,000 sq.-ft. squeeze casting facility in Pierceton. Te increased capacity will be implemented by 2016 and will add 150 jobs by 2018. “Indiana is well situated for us to serve our customers in


the northern U.S. market, and Shiloh is committed to grow in Auburn and Pierceton,” said Ramzi Hermzi, president and CEO, Shiloh Industries. “One of the biggest challenges in the automotive industry is to reduce vehicle weight to meet fuel economy standards. Tat challenge is a big opportunity for Shiloh and our Indiana facilities as we continue to invest and upgrade in the latest lightweighting technologies. With this commitment to Indiana and advanced technology, we believe Shiloh will remain an employer of choice in the region.” Founded in 1950, Shiloh provides design, engineering and


manufacturing of first operation blanks, engineered welded blanks, complex stampings, modular assemblies and highly engineered aluminum die casting and machined components serving the body-in-white, chassis, emission, powertrain, structural and seating needs of OEM and Tier 1 customers. “Tanks to cooperation from the Indiana Economic De-


velopment Corp., we are now able to increase opportunities for these facilities by expanding our capacity for a very high demand product in the auto industry,” Hermiz added. “It is very exciting for us to invest in what I call the 3P’s:


people, programs and plants,” said Gerald Craycraft, plant manager at Shiloh’s Auburn facility. “Te upgrades to this facility will allow us to add capacity


for squeeze casting and TinTech structural castings, one of our industry-leading lightweighting technologies that help our customers reduce vehicle weight.” Shiloh Industries currently employs more than 2,000 asso-


ciates across North America, 86 of whom are in Auburn and 107 in Pierceton. Te company will start recruiting to fill the 150 new positions beginning this year. “We see increased demand across the automotive industry


for innovative lightweighting technologies and these facil- ity upgrades will allow us to increase capacity and offer our customers more solutions,” said Randy Kinsey, plant manager at Shiloh’s Pierceton facility.


AMCOL to Merge With Imerys Specialty minerals and materials provider AMCOL In-


ternational Corp., Hoffman Estates, Ill., has signed a merger agreement with mineral-based specialty solutions provider Imerys S.A., Paris. Te transaction is valued at approximate- ly $1.6 billion. Following closing, a wholly owned subsidiary of Imerys will merge into AMCOL, with AMCOL con- tinuing as the surviving corporation. Te transaction is not subject to any financing condition and is expected to close in the first half of 2014.


March 2014 MODERN CASTING | 11


INDUSTRY NEWS


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