Dear Sir or Madame-
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In this March 17, 2010 Publication:
Pace Industries Acquires Del Mar
Auto Cast Inc. Emerges from Chapter 11
Receiver Hopes to Sell the Company as an
Ongoing Business
Zinc Die Caster, Protect That Parting Line: Alternative
Tool Steels to Increase Die Life in Hot Chamber
Zinc Die Casting
NADCA President Daniel Twarog Receives the
Ray H. Witt Award
Pace Industries Acquires Zinc Die Casting Business of Del Mar Industries, Inc.
FAYETTEVILLE, Ark., March 9, 2010 – Pace Industries, North America’s largest custom
aluminum die casting company, today announced the acquisition of Del Mar Industries Inc.
zinc die casting business which was part of the company’s Del Mar Die Casting Business in
Gardena, Calif.
The acquisition is effective immediately and enables Pace and Del Mar to significantly
enhance the long term health of their respective businesses.
To view the rest of this article,
click here (PDF).
Auto Cast Inc. Emerges from Chapter 11
Grandville, MI – Auto Cast Inc. has successfully emerged from Chapter 11 bankruptcy. The
exit plan has been confirmed and signed by Judge Gregg of the West Michigan Bankruptcy
Court.
Located in Grandville, MI, since 1965, Auto Cast produces zinc and aluminum die castings.
They are also Corporate Members of the North American Die Casting Association (NADCA).
Auto Cast, which had 115 employees in 2008, now employs 45 workers.
“We reorganized and reduced overhead,” said Auto Cast CEO Carl Homrich. “Costs have been
lowered, and a new banking relationship has been established.”
They emerge a leaner, stronger company, ready for the challenges of the future.
Receiver Hopes to Sell the Company as an Ongoing Business
A management specialist for troubled companies has been appointed by a court to take control
of Delaware Machinery and Tool, a longtime metalworking company that is no longer able to
pay its creditors.
The court order also calls for the continued employment of owner Robert Haas Jr. at a salary
of $15,000 a week, while the receiver is expected to be paid between $12,500-$17,500 a week,
in an effort to sell the company while it's still in business.
Delaware Circuit Court 1 Judge Marianne Vorhees named Dennis Kebrdle of Chikol LLC, Granger,
Ind., as receiver, giving him responsibility for selling the company as a "going concern" or
liquidating the company's assets. A "going concern" is a business that is expected to
continue to operate into the foreseeable future.
To view the rest of this article,
click
here.
Zinc Die Caster, Protect That Parting Line: Alternative Tool Steels to Increase Die Life in Hot Chamber Zinc Die Casting
In the current economic setting, where cost and efficiency are paramount, careful
consideration should be given to any opportunities to increase die life. This is also true
in zinc die casting applications where many factors influence die life. Some of these
factors are die design, die maintenance, casting parameters such as melt temperature and die
preheating. Another factor not mentioned in the previous list that influences die life is
the tool steel selection. To read more about alternative tool steel choices that could
significantly improve die life in zinc die casting applications,
click here to login and read
this month’s issue of Die Casting Engineer.
NADCA President Daniel Twarog Receives the Ray H. Witt Award
The Ray H. Witt Award, established in 1999, is given to an individual for his/her leadership
in the aluminum casting industry, for investing resources to broaden the technology base,
for introducing advanced concepts and techniques, for encouraging the education and training
of new talent and for inspiring others to advance the industry through technical
achievement. This year the Advanced Casting Research Center at the Worcester Polytechnic
Institute is giving the Ray H. Witt Award to Daniel Twarog.
In June, 1999, Twarog was promoted to president of NADCA. His primary mission was to
implement the Association’s Strategic Plan and provide products to the membership that
helped them run their companies more effectively. In his time at NADCA, Twarog has worked
with his staff to develop and improve many NADCA products and services to assist the die
casting industry.
Daniel Twarog has spent 30 years in the metalcasting industry and has received numerous
awards for research results in process capabilities, investment casting technology, lost
foam emission characterization, tramp element effects in aluminum and copper alloys,
alternate reuse technology of foundry waste sand and development of replacement alloy for
lead in copper castings. He has also spoken to numerous private groups and government
agencies on the methodology of association/industry/university research.
Recently, NADCA has been working jointly with AFS on providing services to the entire
metalcasting industry through trade shows, conferences, government affairs activities and
research. NADCA’s current research portfolio exceeds $20M annually, and the association
continues to sponsor work on developing technology that helps to improve process, material
and product efficiencies.
