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INDUSTRY NEWS


Shiloh Industries Opens Aluminum Diecasting Facility in TN


Shiloh Industries Inc., Valley City, Ohio, has opened an aluminum diecasting plant in Clarksville, Tenn. Te light- weighting, noise and vibration products supplier bought the site in August 2013. Te company estimates it will invest more than $20 mil-


lion and add 150 jobs at the plant during the next five years. Te Clarksville facility is about 125,000 sq. ft. and one of Shiloh’s five large tonnage, high pressure diecasting facilities in the United States. “Shiloh has received strong demand for our industry-


leading portfolio of lightweighting solutions,” said Ramzi Hermiz, president and CEO, Shiloh Industries. “We are investing and expanding our operations to meet customer demand, and are continually focused on leading with technology to develop products and solutions that address industry pinch points.” Since taking control of the Clarksville plant, Shiloh re-


ports it has been steadily investing in the facility, including upgrades to the quality lab, diecasting cells, X-ray systems and employee facilities. Te plant also is expanding its range of 1600-ton diecasting machines to include a 2,500-ton machine and overall infrastructure improvements.


Alcoa to Acquire TITAL, Expand in


Titanium Aerospace Components Alcoa, New York, plans to further expand its global


aerospace business through a definitive agreement to acquire privately held TITAL, Bestwig, Germany. Te acquisition will strengthen Alcoa’s global position to capture increasing demand for advanced jet engine components made of titanium. TITAL produces titanium and aluminum structural cast-


ings for aircraft engines and airframes. Lightweight titanium can withstand extreme high heat and pressure, providing energy efficiency and performance. Tese engines are used on large commercial aircraft. TITAL will add capabilities in casting titanium airframe structures, such as titanium castings for pylons. Pylons mount engines onto airframes and are a highly-engineered part because they must bear the load of the engine and its thrust. TITAL employs more than 650 people, primarily in Bestwig, Germany. Alcoa projects a compounded annual commercial jet


growth rate of 7% through 2019 and sees a current nine-year production order book at 2013 delivery rates. Almost 70% of TITAL’s revenues are expected to come from commercial aerospace in 2019. In 2013, the company generated revenues of approximately $96 million, more than half of which came from titanium products. Te acquisition will establish titanium casting capabilities


in Europe for Alcoa while expanding its aluminum cast- ing capacity. Te transaction is expected to close in the first quarter of 2015.


January 2015 MODERN CASTING | 9


INDUSTRY NEWS


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