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Casteel Reporter
September 15, 2011
Infrastructure investment is likely to be more than a temporary political game. Like steel foundry capacity, most capital infrastructure was installed in the 60’s and 70’s. There is a growing need for reinvestment in infrastructure at every level. This should provide growing business demands for steel castings…
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July 15, 2011
We need to prepare to recapitalize and improve our capability to succeed in the global marketplace. Economic growth will require more and bigger equipment and there is likely to be a short supply in steel castings to support this need. In particular, complex, high quality, reliable steel castings will be in demand…
June 15, 2011
Mike Rowe’s testimony to the US Senate on the need for manufacturing skilled craftsman seems fitting to share with you, based on our prior discussions. This is an issue facing all manufacturing operations in the United States…
April 15, 2011
What are the conditions that lead steel foundries to invest in added production? Several approaches were used to consider that decision. Adding a unit of production must have been supported by the sale of that unit. The cost of adding a unit of production was typically between one half up to the full value of the sales price of that unit…
March 15, 2011
We consider anyone that has to work for a living a failure. Our goal is for our children to graduate from college and have a professional career. This is a great disservice to people who are true artisans…
January 15, 2011
This year I will again go out on a limb… The reality however is that no one knows the future but we all need to plan. I expect the coming decade to be the golden age of steel casting production…
November 15, 2010
Volatility and possible shortages of raw materials, energy and scrap pose a challenge to our industry. While steel casting demand will increase as these commodities will be needed and prices will rise, we as producers will need to secure sources if we are to produce the products needed. Steel foundries are a small part of the market and should be able to obtain their requirements but will need to be preferred customers to assure their access to these important supplies…
October 15, 2010
The steel casting market will grow significantly in the world and in North America. Global competition may limit the improvement in production in North America but this may be more than offset by the need to reinvest in infrastructure and capital equipment. Succeeding in this decade will require us to compete more broadly in the global economy with castings that are larger, more complex and delivered machined with confidence in their performance…
Equipment Available
August 15, 2010
Equipment available - auction ends Dec. 6 2007
As the demand for larger equipment with higher performance becomes dominant, steel casting producers are well situated to exploit the new markets. We need to be aggressive in developing new products to improve our financial performance and ensure our future…
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