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INDUSTRY NEWS


Grede Foundries Announce Investments, Hosts Lt. Governor Grede, Southfield, Mich., plans to


invest more than $37 million into two of its 14 facilities in the next few years. At its Biscoe, N.C., location, Grede plans to invest $20 million and hire more than 35 new employees over the next three years to support its commer- cial vehicle business. Te investment will be used for heat treatment and machin- ing services as well as the addition of 26,000 sq. ft. of manufacturing space. Te project also will include three


new molding machines, handling systems and an environmentally friendly immersion coating system. Grede also will increase its engineering capabilities. Services such as engineer- ing support for planned projects and 3-D prototype printing will help meet customer needs. At the St. Cloud, Minn., facility,


Grede is planning to expand by 32,000 sq. ft. Lt. Governor Tina Smith visited


Metalcaster Testifies for House Committee


Janis Herschkowitz, President and CEO, PRL Inc., Cornwall, Pa., testified before the full congressional House Committee on Small Business on March 18. Herschkowitz and other small busi-


ness owners testified how a series of new and proposed regulations would impact their respective businesses and industries. Herschkowitz’s comments focused on concerns over a series of one-size-fits-all regulations impacting the metalcasting industry, including OSHA’s crystalline silica rulemaking and EPA’s power plant rules. Te Small Business committee has


shown considerable interest in regula- tory reform. Committee chairman Rep. Steve Chabot (R-Ohio) introduced the Small Business Regulatory Flexibility Improvements Act of 2015 (HR 527), which would close a series of loopholes and ensure all federal agencies ap- propriately consider the impact of their rules on small businesses. Te measure passed the House and awaits action by the Senate.


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the facility in April to discuss the metalcasting facility’s $17.5 million expansion plan. When the project is completed, Grede expects to add 30 jobs at the site. “I would like to thank Grede Hold- ings for choosing to expand their busi-


ness in St. Cloud,” said Lt. Governor Smith. “Tis expansion is good news for Central Minnesota and the entire state.” Grede specializes in ductile and


gray iron for suspension, engine and driveline components for class 3-8 commercial vehicles.


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May 2015 MODERN CASTING | 11


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