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Aluminum Die Casting Projects Brings Millions in U.S. Spending, an Industrial Info News Alert

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Oct 31, 2024

Aluminum Die Casting Projects Brings Millions in U.S. Spending, an Industrial Info News Alert

SUGAR LAND, Texas, October 30, 2024--(BUSINESS WIRE)--Researched by Industrial Info Resources--Aluminum die casting is a fabrication process in which molten aluminum is injected into a mold (usually

SUGAR LAND, Texas, October 30, 2024--(BUSINESS WIRE)--Researched by Industrial Info Resources--Aluminum die casting is a fabrication process in which molten aluminum is injected into a mold (usually steel) under high pressure in order to produce different shapes and parts with good accuracy. The process can be used for a variety of machinery and tools and is often seen in the automotive sector. Industrial Info is tracking hundreds of millions of dollars' worth of active projects at aluminum die casting plants in the U.S.

One of the largest current U.S. aluminum die casting projects was recently completed in Tuskegee, Alabama, where Samkee Company Limited (Gyeonggi, South Korea) developed a grassroot die casting plant that will be a Tier 1 supplier to South Korean carmaker Hyundai Motor Company (Seoul), which has an assembly plant in Montgomery, Alabama. The Tuskegee plant aims to keep up with Hyundai's strong North American market growth by providing components for engines and transmissions for both conventional and electric vehicles (EVs), along with battery parts. The project kicked off in early 2023, and the opening ceremony was held this summer.

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Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).

View source version on businesswire.com: https://www.businesswire.com/news/home/20241030517783/en/

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