The long continued expansion, consolidation difficult. This year, 1,961 metal-casting facilities to do business in the US, down from 2,336 a decade ago, according to the American Foundry Society.
“There is definitely consolidation, followed by a revival in recent years,” says Al Spada, the industry group vice president of business development.
“The car industry is a rebirth of becoming heavy demand solutions on the market.” In an industry populated by small, family-run businesses, the major providers are starting to assert themselves in the field. Kamtek, for example, is a subsidiary of Magna International Inc.
Brembo, with annual sales of $ 2400000000, fits this pattern.
As Europe’s economy stagnates, after North America to become the largest market for the Italian brake supplier, which rotors, drums, calipers and other components for Fiat Automobiles Chrysler, Ford and General Motors.