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Earl Bradley didn't like to borrow money. He took out one loan in 1964 to build his waterworks-related metal-casting business and never looked back. 'A banker is like an uninvited [...]

To avoid further layoffs, Buckeye Steel Castings Co., Columbus, Ohio, could receive more than $3 million in city and state assistance by creating new jobs and upgrading its equipment. The [...]

Lufkin, Industries, Inc., Lufkin, Texas showed a net income increase of 154% in its 2001 second quarter net income compared to $2.1 million during the same period last year. Sales [...]

Tools exist to align your foundry's financial results vs. the industry standard (by SIC). This article explains how to utilize such tools to improve operational performance. Business operations always have [...]

Amcast Industrial Corp., Dayton, Ohio, announced that second quarter net sales fell to $123 million compared to $150 million for the same quarter of 2000 For the first six months [...]

Amcast Industrial Corp., Dayton, Ohio, announced sales for the first quarter of 2001 of $137.9 million, compared to $146.1 million in the first quarter of fiscal 2000. Operating income for [...]

Hamilton Foundry & Machine Co., a Harrison, IN foundry that operates four gray and ductile iron facilities in three states and employs 550, has announced plans to file for Chapter [...]

Ward Manufacturing, Blossburg, PA, has selected Summit Foundry Systems, Inc., Fort Wayne, IN, to conduct an engineering study to determine the mold handling and hot metal delivery equipment required to [...]

Texas Foundries (Citation Corp.), a green sand ductile iron foundry in Lufkin, Texas, has selected Vulcan Engineering Co., Helena, Alabama, to install a Disamatic molding line, including the design, manufacture [...]

Ward Manufacturing, a green sand gray iron foundry in Blossburg, Pennsylvania, has selected Summit Foundry Systems, Inc., Fort Wayne, Indiana, to conduct an engineering study to determine the mold handling [...]

While we're feeling vulnerable at the mention of online casting auctions these days, lessons from the past might lend some perspective. In the first decade of our nation's existence, stocks [...]

For more than 15 years, I have taken every possible opportunity to communicate the fact that foundries are in business to make money, not castings. In point of fact, most [...]

Atchison Casting Corp., Atchison, Kansas, has reported third-quarter earnings of $59,000 on sales of $124.7 million as compared to $1.3 million on sales of $119.5 million from the comparative period [...]

Intermet Corp., Troy, Michigan, reported record sales of $957 million for 1999. Compared with 1998, sales were up $115 million, or 14%, over 1998 sales of $842 million. The 1999 [...]

Amcast Industrial Corp., Dayton, Ohio, has announced that fourth quarter net sales increased 4.5% to $143.4 million from $137.2 million in the comparable period last year. Net income increased 11% [...]

Grede Foundries Inc., Milwaukee, announced it has won contracts worth more than $23 million annually and seen a 30% jump in employment at its plants over the past two months [...]

Citation Corp., Birmingham, Ala., has filed a recapitalization, or 'prepackaged' bankruptcy, plan, a move that comes on the heels of significant divestment and refocusing of business strategy. According to Ed [...]

Eight months after filing for financial protection to resolve cash flow problems, Citation Corp., Birmingham, Ala., exited Chapter 11 bankruptcy in May in a stronger position to compete in a [...]

Atchison Casting Corp., Atchison, Kansas, announced that it and its U.S. subsidiaries (except The G&C Foundry Co., Sandusky, Ohio) have filed a voluntary petition for reorganization. The firm's Canadian and [...]

J.L. French Automotive Castings, Inc., Minneapolis, reported first-quarter revenues of $134.7 million, up $01 million from the first quarter 2001. Operating income was $12.2 million, compared to $5.8 million during [...]

A MODERN CASTING Staff Report According to MODERN CASTING's 35th Annual Census of World Casting Production,' it appears the global metalcasting industry grew stronger in most regions in 2000, as [...]

KPS Capital Partners LP (KPS), New York, announced the completion of its portfolio company Waupaca Foundry Inc.'s successful recapitalization. Following a $200 million upsizing of the company's term loan, the [...]

Newly created Grede Holdings LLC, Novi, Mich., has secured up to $60 million in credit to do business as it completes the merger of two companies, one of which filed [...]

Neenah Enterprises Inc. and Neenah Foundry Co., Neenah, Wis., announced that their debt restructuring is proceeding as planned and that the company has hired a financial advisor 'to assist in [...]

Ferrous metalcasting giant Grede Foundries Inc., Milwaukee, announced it has filed a petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code and is seeking a long-term owner for [...]

Ferrous metalcasting giant Grede Foundries Inc., Milwaukee, announced it has filed a petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code and is seeking a long-term owner for [...]

The AFS Cast Iron Div. Casting Quality Control Committee (5-J) has received a research grant to continue development of a machinability test that evaluates machining process changes for both metalcasters [...]

Amcast Industrial Corp., Dayton, Ohio, emerged from Chapter 11 bankruptcy protection in July, after filing for the protection in November 2004. Under the terms of the plan, Amcast's pre-petition senior [...]

Eight months after filing for financial protection, Citation Corp., Birmingham, Ala., exited Chapter 11 bankruptcy in May. At the time of its filing, Citation had a total debt of $550 [...]

Amcast Industrial Corp., Dayton, Ohio, announced that its wholly-owned Casting Technology Co. signed a credit agreement for [...]

According to the Journal Gazette, Fort Wayne, Indiana, Sterling Casting Corp., Bluffton, Indiana, shut down its operations in September. The firm, which manufactures gray iron manifold castings for the boating [...]

Neenah Foundry Co., Neenah, Wisconsin, has completed its previously announced refinancing, satisfying the conditions necessary for its plan of reorganization to become effective. The firm's plan was supported by existing [...]

Amcast Industrial Corp., Dayton, Ohio, announced that its subsidiary, Casting Technology Co. (CTC), Franklin, Indiana, signed a credit facility with The Provident Bank to provide a three-year revolving line of [...]

Atchison Casting Corp., Atchison, Kan., announced that it and its U.S. subsidiaries (except The G&C Foundry Co., Sandusky, Ohio) have filed a voluntary petition for reorganization. The firm's Canadian and [...]

Neenah Foundry Co., Neenah, Wisconsin, has received commitments for $110 million of financing to support the company's proposed financial restructuring, which will eliminate a substantial amount of debt, reduce cash [...]

Amcast Industrial Corp., Dayton, Ohio, reported third quarter sales were $111.8 million, down 3% compared with the third quarter of last year. The firm earned a net income of $0.7 [...]

Atchison Casting Corp., Atchison, Kansas, reported that third quarter net sales decreased 14,1% to $80.7 million from $93.9 million during the comparable period last year. Excluding operations that were sold, [...]

Neenah Foundry Co., Neenah, Wisconsin, plans to file a 'prepackaged' Chapter 11 plan of reorganization after reaching an agreement in principle with holders of a substantial majority of the firm's [...]

Amcast Industrial Corp., Dayton, Ohio, reported a net loss of $55.9 million in its fiscal second quarter, compared with a net loss of $4.9 million during the same period last [...]

Haley Industries, Ltd., Haley, Ontario, Canada, reported second-quarter earnings of $374,000, compared to $1.1 million in the same period last year. Consolidated sales for the quarter were $14.8 million compared [...]

Amcast Industrial Corp, Dayton, Ohio, reported fiscal first quarter sales of $155.8 million, an increase of 15% in the prior year. The net loss for the quarter was $7.2 million, [...]

Amcast Industrial Corp., Dayton, Ohio, reported fiscal fourth-quarter sales of $152.6 million, up by 15% from the same time last year. The net loss for the quarter was $9.1 million, [...]

Lufkin Industries, Inc., Lufkin, Texas, reported a net income for the third-quarter 2002 of $3.8 million, compared to $6.6 million in the third quarter of 2001. Net sales for the [...]

Atchison Casting Corp., Atchison, Kansas, reported a fourth-quarter net sales decrease of 16.3% to $88.9 million from the fourth-quarter 2001. The net loss for the quarter was $18.6 million compared [...]

Lufkin Industries, Inc., Lufkin, Texas, reported a second-quarter net income of $3.5 million, compared to $5.3 million in 2001. Second-quarter sales were $60.9 million, down $12.3 million from the same [...]

Amcast Industrial Corp., Dayton, Ohio, reported third-quarter sales of $151.4 million up 11% over the same period in 2001. The company incurred a net loss of $1.6 million, compared to [...]

As corporations try to save costs in nearly every area, the AFS Human Resources Div. hosted a panel (02-200) focused on the rising costs of health insurance and what a [...]

Haley Industries Ltd., Haley, Ontario, Canada, reported first-quarter net earnings of $924,000, up from $806,000 from the first quarter 2001, Consolidated sales for the quarter were $18.4 million, compared with [...]

Coastcast Corp., Rancho Dominguez, California, reported first-quarter sales of $21.9 million compared to $27.3 during the same period last year. The company had a net income of $723,000 during the [...]

Atchison Casting Corp., Atchison, Kansas, reported a net income of $708,000 for the third quarter of fiscal 2002, compared to a net loss of $5 million during the same period [...]