NEW YORK Grede
Holdings LLC is expanding capacity at its NovoCast ferrous
casting foundry in Monterrey, Mexico, the company it said July
The expansion will
help it "meet the growing demands of its automotive and heavy
truck customers in the region," Grede said.
Mich.-based company will install a new pressure pouring system
at the Monterrey foundry, boosting casting capacity to 74,000
tonnes per year from 66,000 tonnes currently, a company
spokesman told AMM.
Grede expects the
pressure pouring system to be installed by February 2014. There
are no additional plans to expand capacity at any of the
companys other foundries, the spokesman said.
Grede Holdings was
formed in 2010 through the merger of Grede Foundries Inc.,
Blackhawk Foundry & Machine Co., and Citation Corp. The
company specializes in high-quality ductile, gray and specialty
iron castings, including lost foam and high silicon molybdenum