Industry News
Waltek Company News Many of you are aware that last
summer Waltek experienced a fire at its facility. Since then, it has been working on plans to rebuild.
While there have
been some delays with the construction process due to supply chain and cost issues, the company expects to break ground on the new addition before Labor Day and be back in full operation by Q1 2024. This past year has been more
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FS Precision Tech Co LLC Announces Juan Molina, President
than challenging, but Waltek has been able to operate and serve customers by partnering with close to 20 industry casting firms to ‘get parts into metal’. It then has in-house finishing operations which were undamaged in the fire to complete parts for customers. "This would not have been possible without the help of the ICI staff who immediately helped make important connections, and equally important are the strong partnerships Waltek has established across the industry with casting companies willing to open up capacity and help. Waltek wants to extend a huge THANK YOU to the ICI and all of its investment casting partners! This is a great industry with terrific people, and Waltek looks forward to being an engaged part of the ICI going forward," Jim Bartel, CEO, Waltek Inc.
About Waltek Waltek was founded by Gene
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Walter in 1970 to provide high quality investment castings to local Minnesota industrial customers. Since then, we have grown in size and ambition and serve customers across North America and around the world.
The company
Armil CFS, Inc. 15660 La Salle St., South Holland, IL 60473 708-339-6810 office • 708-339-0517 fax email:
info@armilcfs.com
www.armilcfs.com
remains a privately held business. Today we are a full-service contract manufacturer of quality investment cast parts and assemblies. With a broad range of capabilities, and a team of capable, committed and flexible people, we aim to become the premier source of value-added investment cast parts to a demanding OEM marketplace. We understand what it takes to be an effective part of your supply chain.
® FS Precision Tech Co LLC (FSPT), a
subsidiary of Fusheng Precision (FSP), is a Titanium casting supplier serving Aerospace and industrial markets announced today the promotion of Juan Molina as President. “We are thrilled to have Juan in this expanded role,” said Roger Chiang, CEO of FSP. “Juan has been an indispensable member of our team, and his depth of experience and leadership positions him well for the job.” Juan has moved up through the ranks during his 16- year tenure, most recently holding the position of Executive Vice President and General Manager. As President, Juan is responsible for all aspects of the business including
sales, engineering,
manufacturing, as well as developing and coordinating future marketing plans through business development efforts.
About FSP FSP was formerly the Sporting
Goods Division of Fusheng Industrial Co., Ltd. (the “FUSHENG”), established after the acquisition of Nelson CO., Ltd in 1978. Having spun-off from FUSHENG in 2010, it has been running independently since that time. FSP was listed on the OTC on November 30, 2017, and successfully listed on December 18, 2018 as, https://www.fusheng-
precision.com/?lang=en.
August 2023 ❘ 69 Juan graduated from the
University of Phoenix - with a degree in Business Management.
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