Despite a broader climate of cautious tech spending, the Malta, New York-based foundry delivered a significant "beat and raise" on profitability, underscored by a fresh $500 million share repurchase program ...IntelFoundry.
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Italy’s foundry industry has warned that the sector is close to a production shutdown due to rising costs and regulatory pressure ... As a result, European foundries are losing competitiveness in both domestic and export markets.
CARLISLE — Carlisle officials were told Thursday to reconsider a denied demolition permit application from the owners of a shuttered steel foundry here ... Notarfrancesco said that this can be provided once the demolition contracts have been awarded ... ....
... foundries in crisis ... European foundries have to import raw materials (such as pig iron and ferroalloys) - as local resources are insufficient to meet demand - paying a carbon tax of up to 35 percent.