Euralcom acquires Ritter Aluminum, vacural diecasting process. (Around the World).Euralcom, a high-pressure diecaster located in Oss, The Netherlands, has acquired Ritter rit·ter n. pl. ritter A knight. [German, from Middle High German riter, from Middle Dutch ridder, from r Aluminum, Wendlingen, Germany, a manufacturer of aluminum components for the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. . Along with the company, Euralcom also acquired Ritter's patented vacural high-pressure diecasting process. This diecasting technique makes it possible to produce components that are less porous and possess greater ductility ductility, ability of a metal to plastically deform without breaking or fracturing, with the cohesion between the molecules remaining sufficient to hold them together (see adhesion and cohesion). Ductility is important in wire drawing and sheet stamping. than traditional diecasting techniques. The acquisition expands Euralcom's range of diverse aluminum diecasting and forging technologies. Ritter Aluminum has 115 employees and anticipates net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of $12 million this year. |
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