Sweden’s SinterCast AB is to supply Teksid S.p.A. of Italy with CGI process control technology to meet the increasing demand for compacted graphite iron (CGI) castings from vehicle makers and component suppliers.
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The SinterCast System 2000 process control system will initially be installed at the Teksid iron foundry in Crescentino, Italy. Under the terms of the agreement, Teksid will be able to use the SinterCast technology at any of its nine iron foundries worldwide to support the CGI product development and production needs of its automotive customers.
“We have worked together with SinterCast since 1992 to produce CGI prototypes and to support the development activities of our customers”, said Dr. Riccardo Tarantini, general manager of Teksid’s cast iron business unit. “Now, as the development activity of our customers intensifies, we are pleased to formalise our relationship with SinterCast.”
Teksid’s cast iron business unit is one of the largest independent iron foundry companies in the world and the combined capacity of its automotive foundries in Italy, France, Portugal, Poland, Brazil, Mexico and China is around 750,000 tonnes per year.
Production, including cylinder blocks, cylinder heads, exhaust manifolds, crankshafts, camshafts and suspension components, is sold to customers worldwide including Cummins, DaimlerChrysler, Deutz AG, Fiat GM Powertrain, Ford, GM, Honda, Iveco, Mack Truck, Nissan, Renault, Scania, Toyota, Volkswagen and Volvo.
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By GlobalDataTeksid’s annual sales are around $US600 million.
