Gränges completed the acquisition of a casting and hot rolling facility in the Shandong Province, China. The purchase was made as part of its long-term strategic partnership with Shandong Innovation Group (SIG), with SIG obtaining 20% of the outstanding shares of the new facility. This will support the company’s growth in the Asian automotive market. […]
Shandong Innovation Group is currently upgrading its casthouse operations in order to achieve improved efficiency along with additional benefits. The group placed an order with Gautschi Engineering GmbH for supply of 27 rectangular tilting melting furnaces of 70 tons each at three of its facilities in China, including the engineering of the combustion and control […]
