General Casting Enters Agreement with German Foundry.The General Casting Co., headquartered in Grafton, Ohio Grafton is a village in Lorain County, Ohio, United States, along the East Branch of the Black River. The population was 2,302 at the 2000 census. It is located close to the Lorain Correctional Institution. , has entered into an agreement with Produkbereich Giesserei, the foundry division of Salzgitter AG, a steel producer in Salzgitter, Germany. General Casting will serve joint clients in the U.S., Canada and Mexico with a full range of engineered castings in quantities of one or more. Markets include plastic machinery, pulverizing and mining, steel plant, gas and steam turbine Steam turbine A machine for generating mechanical power in rotary motion from the energy of steam at temperature and pressure above that of an available sink. By far the most widely used and most powerful turbines are those driven by steam. , pump, machine tool, press machinery and other specialized industries. C. Frank DeMeo, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , General Casting, and Manfred Beckmann, managing director, Salzgitter Giesserei, see this formal business relationship as a pivotal step in the globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation of the foundry business. General Casting operates eight foundries in Pennsylvania, Ohio and Indiana. The company manufactures iron castings up to 30,000 lb. Salzgitter AG produces large gray & ductile iron castings from 10,000-350,000 lb. |
|
||||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion