® INTERNATIONAL MAGAZINE OF THE INVESTMENT CASTING INSTITUTE
JANUARY 2017 Volume XXX Number 1
JANUARY 2017 Investment Casting Industry Forecast 2017
Industry Reports: World Report North America Europe Japan China India
Investment Casting Institute
www.investmentcasting.org
Inside: Annual Spring Management Meeting Preliminary Agenda
Volume XXX Number 1
CONTENTS Editor Erin Almaleh
Executive Director Joseph E. Fritz
BOARD OF DIRECTORS
President Frank Lysiak
Kovatch Castings, Inc. Vice President
Timothy Sullivan, Esq. Hitchiner Manufacturing Co., Inc.
Past President Brad DeSplinter TPM, Inc.
Cliff Fischer Wisconsin Precision Casting
Russell Gallagher Bescast, Inc.
Michael Hendricks Ransom & Randolph
John Marcin Pratt & Whitney Julie Markee
Key Process Innovations Doug Neece
Cleveland Tool & Machine, Inc. Nipendra Singh
S&A Consulting Group LLP Al Torok
Yamaha Marine Precision Propellers, Inc.
Ty Ueland SeaCast, Inc.
Investment Casting Institute
136 Summit Ave., Montvale, NJ 07645-1720
Phone 201-573-9770 Fax 201-573-9771 Email: ealmaleh@
investmentcasting.org
www.investmentcasting.org
Inside ICI 4 A Message to Members: There’s Strength in Numbers and You Count!
6 Commander Kirk Lippold to Open Institute’s Annual Spring Management Meeting
7 Process Control Standards Update: An ICI Strategic Initiative
8 2017 Spring Management Meeting Preliminary Agenda 10 Covington to Host 64th Annual 2017 Technical Conference & Equipment Expo
Forecast Articles 12 World Investment Casting Market Review 2016 14 2016 Market Performance and Outlook for North America 18 European Investment Casting Market Review 2016 20 2017 Investment Casting for India 22 The Trend of the Japanese Investment Casting Industry 24 Investment Casting Industry in Chinese Mainland
Feature Articles 17 Manufacturing Activity Should Pick Up in 2017, Even with Persistent Challenges
26 Low Volume Automation, Challenges and Advantages 29 Growth Forecast for 2017 and Beyond
Legal Ease 30 What President Trump Means for Labor and Employment
Departments 32 Industry News
33 The Revenue Growth Habit 35 Classifi eds / Ad Index
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POSTMASTER: Send address changes to INCAST Corporation, 136 Summit Ave., Montvale, NJ 07645-1720. INCAST, published monthly by INCAST Corporation, a subsidiary of the Investment Casting Institute, is the news magazine of the investment casting industry worldwide. It is written for the investment casting industry, its casters, suppliers, designers, specifi ers, buyers and managers intimately involved with the investment casting process, as well as to members of the Investment Casting Institute. ISSN # 1045-5779.
Contributions of articles to INCAST are welcome, but the right is reserved to select material to be published. Publication of any article or statement is not to be deemed an endorsement of the views expressed therein, nor shall publication of any advertisement be considered an endorsement of the product or service involved.
Copyright Reserved: Neither the Institute nor its offi cers accept any legal responsibility for information, advice given or opinions expressed.
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