SIC 3321 Gray and Ductile Iron Foundries

Encyclopedia of American Industries | 2005 | Copyright

SIC 3321
GRAY AND DUCTILE IRON FOUNDRIES

This classification covers establishments primarily engaged in manufacturing gray and ductile iron castings, including cast iron pressure and soil pipes and fittings.

NAICS Code(s)

331511 (Iron Foundries)

Industry Snapshot

According to a late 1990s Foundry Management and Technology magazine survey of 110 industry executives, gray iron castings shipments rose 2.1 percent in 1997, and ductile castings shipments increased by 3.7 percent. However, many of those queried responded that they experienced a slowdown in the late 1990s, or, "some type of leveling off in the industry." They prepared to enter the twenty-first century with cautious anticipation, with 37 percent of gray iron producers staying their increase of debt, 8 percent increasing debt, 18 percent retiring debt, and 37 percent carrying no debt. Of the ductile castings producers, 42 percent carried the same debt, while 27 percent carried no debt, 19 percent retired debt, and 12 percent anticipated accruing more debt.

The survey called for capital expenditure increases of 8.6 percent for gray iron producers and 5.1 percent for ductile castings producers, though 53 percent of both categories kept their expenditures at the same level in the late 1990s. These conservative approaches slowed production, with only 81.4 percent of gray iron plants and 82.7 percent of ductile iron foundries working at capacity. Industry executives responded that they worried less about general labor shortages in 1999, though they worried a bit more about medical insurance costs, decreasing orders, and overseas competition. They worried much less about on-time deliveries.

Organization and Structure

This industry is heavily engaged in manufacturing pipes and pipe fittings; however, other segments of the industry are growing in response to changing market demands. For example, the automotive industry has switched most engine components to aluminum in response to consumer demands for lighter, more fuel efficient cars. While this move has hurt some gray and ductile iron foundries, it has forced them to find alternative markets. This is readily apparent, since 52.6 percent of product share is claimed by other gray iron castings and 19.9 percent is claimed by other ductile iron castings. Only 3.9 percent of product share is due to cast iron pressure, soil pipe, and fittings, whereas 14.0 percent is...

Read all of SIC 3321 Gray and Ductile Iron Foundries at HighBeam Business

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

	Byron, Catholicism, and Don Juan XVII Magazine article from: Renascence ; ...Alexander Pope, whose works to Byron were "what I firmly believe in...106). In fact, late in life Byron not only stated that he inclined...mentioning is a facetious letter to John Cam Hobhouse, Byron's best friend, in which Byron...
	Byron's Scottish essence.(Byron, Sully, and the Power of Portraiture)(Book review) Magazine article from: Modern Age ; Byron, Sully, and the Power of Portraiture, by John Clubbe, Hampshire, U.K.: Ashgate, 2005. 345 pp. WALKING...1999, Professor John Clubbe saw a gorgeous portrait of Lord Byron hanging on the gallery wall. It left him utterly astonished...
	Byron's pedigree doggerel Newspaper article from: The Scotsman ; ...Hamish Hamilton GBP 25 LORD Byron pooh," as the poet John Clare said sanely in the...commentary upon it, is Byron's own Letters and Journals...Marchand published by John Murray (12 volumes...even for those who find Byron's poetry coarse-grained...
	BYRON NELSON FOR CONGRESSIONAL GOLD MEDAL PASSES SENATE - ONTO PRESIDENT News Wire article from: US Fed News Service, Including US State News ; ...C. Burgess' bill to award Byron Nelson the Congressional Gold...Senate passed S.2491, Sen. John Cornyn of Texas' version of...passage of the bill to award Byron Nelson the Congressional Gold...very thankful that someone like Byron Nelson walked this earth. He...
	Byron leaves new ground unexplored. Newspaper article from: The Boston Herald ; ...doesn't push any envelopes. Byron also appeared as a guest member...century classical composers. Byron's "Bug Music," his interpretation...Ellington, Raymond Scott and John Kirby, followed and received...casting a new light on them. Byron, in fact, toured with a Bug...
	Byron and Newstead: The Aristocrat and the Abbey.(Book Review) Magazine article from: Wordsworth Circle ; John Beckett with Sheila Aley, Byron and Newstead: The Aristocrat...cloth), $27.50 (paper) John Beckett's Byron and Newstead: The Aristocrat...her lap, his unctuous lawyer John Hanson ("Spooney" to Byron and Hobhouse), his banker...
	Byron Nelson Congressional Gold Medal Act Introduced by Sen. Cornyn News Wire article from: US Fed News Service, Including US State News ; ...WASHINGTON, April 11 -- Sen. John Cornyn, R-Texas, has introduced the Byron Nelson Congressional Gold Medal...Congressional gold medal to Byron Nelson in recognition of his...of the legislation follows:Byron Nelson Congressional Gold Medal...
	Byron's poetic licence with his homeland Newspaper article from: Scotland on Sunday ; ...It was not the first time that Byron had intervened. Two years earlier...unique costume of the Hussar. Byron's publisher, John Murray, had wanted to use the...Having seen the picture, however, Byron decreed that all engravings of...
	Byron, Sully, and the Power of Portraiture.(Book review) Magazine article from: Wordsworth Circle ; John Clubbe Byron, Sully, and the Power...xxi + 343 $95.00. John Clubbe's Byron, Sully, and the Power...provenance of Sully's Lord Byron. The portrait passed through the collections of John R. Murray of New York City...
	`Lord Byron,' Thomson's ill-fated opera, to be performed in N.H. Newspaper article from: The Boston Globe ; ...that was the end of "Byron" at the Met. The opera...Center at Juilliard. John Houseman, who had directed...a chorus of lament: Byron is dead. His closest...Moore and the publisher John Murray reveal the existence of Byron's unpublished memoirs...