Notify Friend
2009-07-24

NovaCast establish in the U.S. before the boom period

NovaCast Technologies AB`s subsidiary NovaCast Foundry Solutions AB in Ronneby establish a subsidiary in the U.S. before the turnaround in the economy. Both new sales and support is facilitated by having a local U.S. company.

Responsible for the U.S. company, located in Chicago is Henrik Barth, currently marketing manager in the U.S at NovaCast Foundry Solutions.

The main reasons for the establishment are to highlight and strengthen the presence and increase accessibility for service and support.

The U.S. market is in the starting block for an upturn and
the restructuring that the financial crisis has forced the foundry industry includes a growing need for efficiency in production and product development.

The interest in fuel efficient engines within the transport and automotive industry is growing steadily and has been further strengthened as a result of the Obama government environmental initiatives. The U.S. market is very important for NovaCast Foundry Solutions Graphyte technology for the production of motor features in compact graphite iron.

NovaCast Foundry Solutions conducts development of
software that covers the entire need of a foundry, from planning to process and also quality control. Foundry Solutions customers are iron, steel and metal foundry companies on the global market. The number of installed licenses was amounted to 640 in 43 countries by the end of 2008.

NovaCast has been a well-known brand among North American foundries for a long period of time. Through the years, over 100 licenses have been installed. The U.S. is a substantial market for the foundry industry and together with China, it is the country in the world with the highest foundry production and product development.

                                                                                         Cecilia Helland
Nopef
NCC