Industry News

Waupaca Foundry opens free clinic for employees

Waupaca, Wisconsin-area employees of AFS Corporate Member Waupaca Foundry, a Hitachi Metals company, will be able to participate in a program designed to make healthcare easier to access.

Waupaca Foundry will partner with ThedaCare to staff a dedicated medical clinic for foundry team members and their families located in the Specialty Care Clinic in ThedaCare Medical Center-Waupaca.

Care at the clinic will be free to foundry employees and retirees, and their dependents.

Investors buy Sivyer Steel

A group of investors bought Sivyer Steel (Bettendorf, Iowa) out of bankruptcy.

According to local reports, the group bought Sivyer for $6.5 million in July. Sivyer will continue to operate under a new name, Sivyer Steel Castings LLC, and the 325,000 sq. ft. facility will be renovated and updated.

Cadillac Casting pioneers cryotherapy as free employee benefit

AFS Corporate Member Cadillac Casting (Cadillac, Michigan) is believed to have become the first company in America known to provide cryotherapy as a free employee benefit, helping its staff recover from the physical demands of working in an iron foundry.

The company provides unlimited access to its 400 employees and their spouses to sessions in an Impact Cryotherapy Cryosauna that is operated by Pine Grove Athletic Club (Cadillac, Michigan).

Consolidated Precision Products acquiring Selmet

Consolidated Precision Products Corp. (Cleveland), a manufacturer of components and sub-assemblies primarily for the commercial aerospace and defense markets, announced it has reached an agreement to acquire Selmet Inc. (Albany, Oregon).

Selmet is a manufacturer of titanium castings and machined components for the aerospace and defense industries. Founded in 1983, Selmet operates an investment casting foundry.