The online magazine FoundryMag usually conducts an annual survey on a given number of North American foundries to be able to evaluate the outlook both for men and women working in this industry.
For the year 2016, the workers interviewed where divided by type of metal mainly manufactured within their company and as a result the workers interviewed appear to be divided as follows:
STEEL – 25,7%;
GREY IRON -15,6%
DUCTILE IRON – 13,8%
BRASS OR BRONZE ALLOYS – 8,3%
OTHER MATERIAL – 18,4%
The impressions are mainly on the following fields:
- Plans of investment
Even though a general sense of uncertainty is still present due to the 2008 economic crisis, the north American market remains a vibrant and creative sector for the domestic market, particularly attractive for long-term investors. Purchase plans involve new production equipment and expansion of production space.
Foundries will be mainly investing on inspection/testing equipment and laboratory equipment. A discrete interest can be found also for the purchase of grinding equipment, machine tools and lastly blast cleaning equipment.
That said, we hope that the company restructuring forced by the economic crisis on several companies for survival purposes and the necessary reassessment and appreciation of the internal production processes can lead to a positive outcome for the actors working in the industry and of course for the foundry suppliers, in particular the Italian foundry supplier.
For further information on the subject, kindly read the related article at the following link: