Will Expansions Keep Coming?
Take a look at the top stories on our web page this week. Three new foundry expansions, a new casting facility launch and a major new casting program won. It’s a stark contrast to where this industry was two years ago, and our recent forecast indicates growth in the casting industry should continue through the next three years. The industry’s capacity shrank, but as manufacturing is seeing growth, much of that capacity must return.
Our editorial staff is working on a special purchasing issue for March/April in which we’ll try to answer questions about casting capacity, total landed cost, and selecting a casting source.
We want to hear from you. How is your casting supply? Are your suppliers increasing their capacity? Do you find yourself looking for untapped metalcasting facilities that will help facilitate your own company’s growth?
The news is good today. What will it take to make it last?