When the newfurnaces of the Brembo North America in Homer, Mich., Was first fired up and poured a test batch of molten metal, it marked a rebirth of sorts for US industry beleaguered metal solutions.
After years of bankruptcies, closures and consolidations, the industry is growing again. At a time when North American automakers set production records, providers are investing in a batch of new manufacturing facilities for heavy duty alleviate bottlenecks.
• In April, opened a new $ 100 million Brembo foundry to pour test. The foundry will supply brake plant next door.
• In February, LINAMAR GF, GF Automotive, a joint venture of LINAMAR Corp., announced plans to build a metal die-casting plant $ 217 million in Mills River, NC plant will employee around 350 people making powertrain parts.
• In December, German parts maker Fritz Winter North America unveiled plans to build a $ 194 million foundry in Franklin, Ky. The enterprise employs 343 people.
• Last August, Kamtek said it would spend $ 530 million to expand its foundry in Birmingham, Ala., And hiring 354 additional workers to produce aluminum components.