Printer Friendly

AmeriCast buys Atlas Castings.

AmeriCast Technologies, Atchison, Kan., has entered into exclusive negotiations to acquire Atlas Castings and Technology, Tacoma, Wash.

Atlas, which has casting and machining facilities in Tacoma and Chehalis, Wash., adds energy and defense steel castings to AmeriCast's product mix, which currently consists primarily of heavy construction, mining and railroad steel components.

Atlas serves both the fossil fuel and nuclear energy markets, as well as the U.S. Navy. According to an AmeriCast press release, Atlas's revenues for the 2006 calendar year were $206 million, up 20% from the previous year.

AmeriCast, which sold a controlling interest to private equity firm Castle Harlan Inc., New York, late last year, will add Atlas to a list of five business units: Atchison Steel Castings, Atchison, Kan., and St. Louis, Amite Foundry, Amite, La., Prospect Foundry, Minneapolis, London Precision Machining, London, Ontario, Canada, and AmeriCast Global Services.
COPYRIGHT 2007 American Foundry Society, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:North America
Publication:Modern Casting
Date:Apr 1, 2007
Words:143
Previous Article:Nemak becomes largest global producer of engine castings.
Next Article:Citation returns to bankruptcy court; business to continue as normal.
Topics:


Related Articles
AFS Services: other services.
Plant management purchases Atlas Foundry and Machine Co. (Acquisitions).
Atlas castings saddles up for cast components for Tacoma Narrows bridge project.
On track with added value: a metalcasting facility's responsibilities don't have to end after the final casting is poured. This article details how a...
Magnesium casting industry technology roadmap sets path for future of magnesium casting.
Northern California--in January, at right, Raymond Monroe, Steel Founders' Society of America, accepts the speaker's award from Michael Emmerichs,...
Ceramic breaks the mold: when rising prices forced a steel caster to shop around for an alternative molding aggregate, it opted to give ceramic a try.
AmeriCast completes purchase of Atlas castings and technology.
Building bridges: when bridges need to stand up to high winds, heavy loads and salty air, castings span the gap.

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters