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NEWS BRIEFS |
The next Research Committee Meeting will be held on January 10, 11, 2001at the Ramada O'Hare in Rosemont, IL. For room reservations, call (847) 827-5131 and mention the Ductile Iron Society.
The Annual meeting of the Ductile Iron Society will be held on June 13, 14, 15, 2001 at the Waterloo Motor Inn in Waterloo, Ontario, Canada with a visit to WesCast, Wingham, Ontario.
PEOPLE IN THE NEWS
Eric Salmon has joined Superior
Graphite Co. as an area sales manager, based in Oberruti,
Switzerland. He is responsible for sales and technical support
of Superior's metallurgical products, including Desulco® and Ark® Electrodes.
Salmon's
coverage area encompasses Austria, the Benelux countries, France,
Portugal, Spain and Switzerland.
Superior's reputation as a world-class
manufacturer of graphite-based products is among the features that
attracted him to the company.
"Superior wants to sell products on
their technical merit rather than focusing on price," he
adds. "Also, the company is aggressive in research and
development of cutting-edge technology."
Salmon previously worked for Timcal Ltd. in
Sins, Switzerland, as project leader for the introduction of new
lubrication technology in hot-strip mills.
He has a doctorate in geology and geophysik
from the Institut de physique du Globe, Strasbourg, France.
Desulco is the purest form of carbon additive
available and is one of Superior Graphites main products.
Ark Electrodes operate under extreme heat in electric arc furnaces to
melt steel scrap for the iron and steel industries.
Based in Chicago, Superior Graphite is a
high-temperature technology manufacturing company that uses unique
technologies to add value to carbons and graphites.
Superior
Graphite has promoted Andreas Jentsch to vice president of
sales and marketing for the European division. In his new
position, he is responsible for the company's metallurgical and
industrial product line in Africa, Europe and the Middle East.
Based in Frankenberg, Germany, Jentsch will
help increase Superior's international market share for all products
and ensure the company continues to improve its already-strong
customer focus.
Jentsch joined Superior in 1994 as a regional
sales engineer in the European division. He became a sales
manager in 1998, a position he held until being named vice president
of sales and marketing in April.
In addition to his years of experience at
Superior, Jentsch brings to his new post four years of outside
experience. He worked at Walzengiesserei Karl Buch in Siegen,
Germany, as a production engineer in the roll foundry and as a
technical sales engineer for Africa, the European Union and North
America.
Based in Chicago, Superior Graphite is a
global producer of high-purity graphites and carbons used by numerous
industries around the world.
BUSINESS BRIEFS
Dublin,
Ohio (USA) Ashland Specialty Chemical Company, a division of
Ashland Inc. has commenced operations at its first manufacturing plant
in China, a facility in the company's Foundry Products Division.
The wholly owned 50,000-square-foot facility is located in the
Changzhou New District, a high-tech industrial development zone,
between Nanjing and Shanghai, China. It will formally operate as
Ashland (Changzhou) Chemical Co., Ltd.
Production is now under way following a
dedication and grand opening ceremony held at the plant on October 21
with government officials, company representatives, customers and
others.
The facility's initial work force is
approximately 25 employees. The office, blending, and resin
manufacturing complex produces ISOCURE®, ISOSET® and PEP SET® foundry binders and related
foundry products used by automotive, transportation, machine tool and
other industries to make items such as industrial and automotive
engines, train components, and earth-moving equipment. The plant
offers the Foundry Products Division's comprehensive product line and
technical support services to customers in the People's Republic of
China and throughout the Asia-Pacific Rim.
"This exciting new venture is a
reflection of Ashland's commitment to global support of the foundry
industry. It expands on our successful history in this region of
the world and also signifies the continued business growth we expect
in the years ahead. Not only is it an important step for our
Foundry Products Division, but it also paves a path for possible
future developments by other segments of Ashland Specialty Chemical
Company," said Michael D. Killian, vice president and general
manager, Ashland Specialty Chemical's Foundry Products Division.
Philip D. Lepianka, director of global
marketing for the division, also commented about the opportunities of
serving an increasingly important economic region, and China's
industry, which has the world's largest number of foundries and ranks
second in casting production.
"China has the potential of becoming one
of the world's largest auto markets. Many of our customers,
particularly in the auto industry, are investing in China and looking
to Ashland to supply them with world-class, quality products and
technical services. That industry, in combination with other
heavy industries, could drive China to be a significant engine of
growth in the region," Lepianka said.
Ashland's foundry business in China, and the
manufacturing plant, will be managed by Jiang Fu, who reports to
Lepianka. Fu, a native of Beijing, has been associated with the
foundry industry since 1984 and joined the company in 1992, serving as
the Foundry Products Division's chief representative in China since
1994.
"Once again we would like to thank the
officials at the Changzhou New District who have been very supportive
and helpful as Ashland developed this wholly owned foreign
investment," said John P. Cushman, manufacturing director for the
division. "Our relationship with Changzhou dates to 1985
when we first entered the marketplace through a technology license for
our foundry chemicals. Their cooperation and the trust and
respect we built through the years with these representatives and our
business associates made this progress possible."
Grede
Foundries, Inc., of Milwaukee, Wisconsin, is proud to announce
that its Greenwood, S.C., foundry has achieved a significant safety
milestone. With over 400 people employed at this facility, they
have successfully completed an entire fiscal year from November, 1999,
through October, 2000, without experiencing any industrial injuries
deemed serious enough to be recorded by the US Occupational Safety and
Health Administration (OSHA). This is the first time in the
80-year history of the Company any of its foundries has accomplished
the incredible feat of operating an entire year with an OSHA
recordable incident rate of zero. (The OSAH recordable incident
rate is calculated as the number of injuries serious enough to require
more than simple first aid per 200,000 hours worked.)
This accomplishment is the direct result of
the Company's Safety Policy, which states: "It is a
fundamental principle of Grede Foundries that no job is so important
and no service is so urgent that we cannot take time to perform our
work safely. No operation shall be carried on in any plant until
safety is assured."
This achievement is particularly noteworthy
when compared to other OSHA recordable incident rate statistics
reported to the US National Safety Council, as follows:
Foundry Industry Average
= 20.0
All Industry Average = 10.0
Overall, Grede
Foundries' OSHA incident rate for FY2000 was 2.0, with all of its
foundries well below the all industry average.
Grede Foundries operates 12 foundries in the
US and the UK and is recognized leading producer of high quality
castings in gray iron, ductile iron, and steel.
INTERMET Corporation today reported third-quarter sales of $240
million, an increase of $15 million compared with the same period last
year. The increase is due primarily to continuing strong
domestic and European light-vehicle sales and to the light-metals
acquisitions made at the end of 1999.
Third-quarter earnings were 32 cents per
diluted share on net income of $8.0 million compared with 29 cents per
diluted share on net income of $7.4 million in the third quarter of
1999. Third-quarter earnings reflect a one-time gain of 11 cents
from insurance related to the replacement of fixed assets from damaged
plants, while the continuing weakness of the Euro has caused some
bottom-line deterioration for the company. Operational earnings
for the third quarter were 21 cents per diluted share.
INTERMET posted record sales for the first
nine months of 2000 with year-to-date sales of $829 million, up $113
million from strong 1999 nine-month sales of $716 million.
Year-to-date net income was $29.4 ($1.16 per diluted share), down $6.8
million from $36.2 million ($1.41 per duluted share) in 1999.
2000 revenues year-to-date relfected strong domestic and European
automotive sales and positive contributions from INTERMET's
light-metals acquisitions.
The INTERMET board of directors voted to
approve a quarterly dividend of 4 cents per share, payable December
29, 2000, to shareholders of record as of December 1, 2000.
"Our earnings from operations declined
compared with the third quarter of 1999 due to several continuing
production issues," said John Doddridge, Chairman and Chief
Executive Officer. "Our Columbus, Georgia, foundry
continues to struggle with the ramp-up of new equipment. And, as
previously reported, our Alexander City, Alabama, operation has been
in the process of launching several complex parts. The plant has
resolved most of its production issues; however, as a Tier 1 supplier,
it continues to be impacted by difficulties with two machining
suppliers.
"We expect that both the Columbus and
Alexander City foundries will make substantial progress in the fourth
quarter," Doddridge continued. "However, there appears
to be a risk of slowing vehicle production in the fourth quarter,
which could affect us."
"We are pleased that our New River
Foundry has successfully restarted one of its two lines and is running
smoothly," said Mike Ryan, INTERMET's Executive Vice President of
Operations. "The second line is expected to start in early
December. This added capacity is providing immediate relief from
the over-capacity demand we have been experiencing at tour other
ferrous-metals plants."
Superior
Graphite Co.'s Russellville, Ark., plant is one of 25 exceptional
manufacturing facilities to be named finalists in a competition that
recognizes America's top manufacturers.
The recognition, announced in July, came from
IndustryWeek magazine's annual "America's Best Plants" award
program. The magazine was particularly impressed with the
Arkansas plant's production, citing a 54.3 percent increase in annual
sales per employee since 1995.
"We're very proud of this achievement,
as it confirms that we're a leading world-class company," says
Chad Edelan, the plant's quality and technical manager.
"The selection proves that we make quality products efficiently;
that we take care of our employees; and that we operate a safe
facility."
Superior was selected as being in the top
tier of U.S. manufacturers, according to IndustryWeek spokesman David
Drickhamer.
"These results require that everyone -
not just the managers - take ownership of the process and truly
understand various improvement strategies," Drickhamer says.
A record number of applicants vied for the
coveted top 10 winner's list, which will be published in the
magazine's October issue.
IndustryWeek lauds plants that have made
significant, measurable and sustainable progress over five years in
areas including quality; customer and supplier relations; use of
technology; cost reductions; on-time delivery rates; inventory
management; safety; productivity; and product development.
In addition to enhanced productivity,
Superior's Arkansas plant has improved its safety rates. Lost
time-accidents have dropped 77 percent since 1995, while reportable
incidents fell 83 percent in the same period.
The facility also has improved its delivery
and lead times for customer orders, averaging 99.64 percent on-time
delivery in 1999.
"Our employees are the real key to the
success of our organization," says Scott Anderson, assistant vice
president of production. "Through training, empowerment and
trust, we have been able to make great improvements in all areas of
the plant. We consider employee development a top priority
throughout Superior Graphite Co."
The plant employs 130 people and manufactures
graphite electrodes used in steel and foundry electric arc
furnaces. In addition to serving the North American market,
Superior supplies electrodes to customers in Asia, Europe, the Middle
East and South America.
Based in Chicago, Superior Graphite is a
global producer of high-purity graphites and carbons used by numerous
industries around the world.
Superior Graphite accepts prestigious industry award.
Chicago (Dec.1, 2000) - Superior Graphite Co. received top industry
honors for workforce excellence in developing and producing graphite
that makes alkaline batteries last longer at its Plant #4 Bedford Park
location.
During a
luncheon ceremony in Chicago, the National Association of
Manufacturers (NAM) congratulated Superior Graphite for being No. 1 in
Workforce Excellence among a number of small U.S. companies. The
award recognizes the exemplary work of Superior Grahite's Battery
Manufacturing Team, which developed new graphite that extends alkaline
battery life by 31 percent.
NAM
recognized the team for its ingenuity and speed in identifying a
market need, developing a product to fill that need and implementing a
production plan.
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