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Byline: Kohsaburo Ohteki The recent structural changes in the iron and steel industries of Japan and West Germany are outlined and compared. In West Germany companies have been rebuilt by centering reconstruction on high technology. The Japanese industry has made remarkable progress since World War II. But for the Japanese industry to overcome international trade frictions, new management strategies will be required.

Byline: Robert Sherefkin Citation Corp. CEO Ed Buker says he came within two votes of steering the casting and machining supplier around a filing in U.S. Bankruptcy Court. But Buker [...]

Grede Foundries Inc., Milwaukee, has announced intentions to close its Vassar, Mich., and Wichita, Kan., plants within the next four to six months, as the company continues to battle the [...]

In its ongoing attempt to find a buyer, bankrupt Grede Foundries, Milwaukee, has asked a federal bankruptcy court to approve a timeline for auction of the company, which will start [...]

Neenah Foundry Co., Neenah, Wis., and its parent company Neenah Enterprises Inc. announced a restructuring plan that will result in salaried worker cutbacks. According to a press release issued by [...]

Amcast Industrial Corp., a foundry holding company, has emerged from Chapter 11 bankruptcy, and the reorganized firm is directing its strategic efforts at serving automotive markets. Amcast filed for creditor [...]

According to local press reports, Auburn Foundry inc. revised its financial disclosure statements in presentations to the federal bankruptcy court overseeing its Chapter 11 reorganization. The Auburn, IN, company declared [...]

As a means to implement financial restructuring, Amcast Industrial Corp., Dayton, Ohio, and several of its subsidiary companies filed for Chapter 11 bankruptcy protection in November. This protection comes in [...]

Amcast, parent corporation of Lee Brass Co., manufacturer of brass fittings for the plumbing industry, reached an agreement in principle regarding a financial restructuring of its capital that would reduce [...]

Amcast Industrial Corp. has filed for Chapter 11. Based in Dayton, OH, Amcast is the parent company of Lee Brass Co. The company has received a commitment from its lenders [...]

In September, Citation Corp., Birmingham, Ala., filed for Chapter 11 bankruptcy protection, blaming inabilities to pass higher steal scrap prices on to customers, according to the Birmingham News. The company [...]

U.S. Pipe & Foundry has laid off 50 at its plant in Chattanooga, TN, according to Dress reports. A spokesman for Walter Industries, the foundry's parent company, said the layoffs [...]

Citation Corp., Birmingham, Ala., has reached an agreement with its lenders to restructure the company's debt and equity, with the company's primary shareholders, Kelso & Co., investing an additional $20 [...]

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 [...]