Forest City Casting launched in Canada.
The permanent mold operation casts aluminum and zinc components for several industries, from rain gauges to optometry equipment. Before launching the company, McRae and Vandenboom received an award from the London Small Business Center for the best-developed business concept.
As of press time, Forest City was pursuing numerous contracts that could possibly bring in more than $1.5 million a year.
"We hope to expand and grow," McRae said. "We have the room here to get bigger."
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|Title Annotation:||North America; Forest City Casting Inc|
|Article Type:||Brief Article|
|Date:||Aug 1, 2004|
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