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The Foundry Sector - A Red-Hot Key Industry

From SCHUNK Inc.
 

 

With 87,000 employees and sales of around €14 billion in 2007, the foundry sector is one of German industry's smaller branches. Its economic significance is large, however, because hardly any other industry can function without cast parts of steel, aluminum or copper and copper alloys. Germany is the largest casting manufacturer in Europe, and ranks number 6 in the world. The 265 German iron and steel foundries achieved a production volume of 4.8 million tons in 2007, while its 342 companies in the non-ferrous casting sector had a production level of 1.1 million tons. The vehicle and mechanical engineering sector is the principal customer for cast products. It has a 79% share of total casting production.

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