Hyundai, the Korean automotive leader maintains its trust in Tijuana’s competitiveness and announced their investment in a new M$131 aluminum die casting plant adding nearly 300 new jobs to the company’s current base of 2,300 employees. The announcement was made by Kenny Lee, company’s CEO, in a ceremony with representatives of local and state government, Tijuana EDC and private sector leaders.
MRT Boosts Productivity with New Die Casting Robots
World-class foundry MRT Castings has just invested in a new extractor robot for its largest die casting cell – speeding up operations and further enhancing quality.
The new extractor robot on MRT’s Bühler 530-tonne cell complements its robot-controlled ladle and die spray.
NADCA Seeks Examples of Impact if Tax Hikes Go Through on Jan 1
Please follow this link to see an overview of the key tax provisions that have expired in 2011 or will be expiring at the end of 2012. These issues will affect the die casting industry.
With the prospect of higher taxes starting Jan. 1 due to the scheduled expiration of the tax policies originally enacted in 2001 and 2003, the House Ways & Means Committee has asked for our assistance in providing first hand examples about the impact that tax hikes would have on your facility. Will it affect your hiring decisions for the remainder of the year? Will your business hold off on investments? Will your facility make different decisions about planning for the future? These stories, data and examples are critical to helping lawmakers understand and communicate the importance of the expiration of the current tax code. Feel free to send your stories and comments along to the NADCA Washington Office- email@example.com – we will then pass them along to the appropriate committee staff.
The House of Representatives has taken further action on developing legislation and will be voting in the next few weeks to extend the 2001 and 2003 reduced tax rates. The legislation that House Ways and Means Committee Chairman Dave Camp (R-MI) will introduce is expected to include: extension of the 2001 and 2003 reduced marginal income tax rates; extension of current estate tax provisions; extension of reduced rates on capital gains and dividends; AMT relief; and return of Section 179 allowance to $25,000.
OSHA Cites Sandwich Castings and Machine in Illinois for 20 Violations Including Lack of machine Guarding
SANDWICH, Ill. – The U.S. Department of Labor’s Occupational Safety and Health Administration has cited aluminum castings producer Trio Foundry Inc., which operates as Sandwich Castings and Machine, with 20 health and safety violations, including one willful and one repeat violation. A health inspection that began Jan. 13 was initiated at the facility in Sandwich as part of OSHA’s Local Emphasis Program for Primary Metals. Upon finding several safety violations, OSHA subsequently opened a safety inspection on Feb. 10. Proposed penalties total $113,300.
To view the rest of this article, click here.