Manufacturing Industry
Aluminum foundries doing better than gray iron foundries.(MANUFACTURING)
Advanced Materials & Processes, September, 2005
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The U.S. Internal Trade Commission (ITC) has completed its fact-finding, Section 332 investigation into the competitive conditions facing the U.S. metalcasting industry. The report, "Foundry Products: Competitive Conditions in the U.S. Market," was released on May 27. The number of foundries reporting operating losses increased from 19 to 29% from 1999 to 2003.
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In general, aluminum metalcasting facilities are in the best competitive condition and have a more favorable financial position relative to the other metal segments, whereas gray iron facilities face the most ...
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