News

FIERF Donor Spotlight – Finkl Steel

The Forging Industry Educational & Research Foundation (FIERF) would like to recognize one of our Platinum Anvil Society Donors, Finkl Steel. Finkl Steel was founded in 1879 and has been a member of the Forging Industry Association since 1935. With locations in Chicago, Detroit, Houston, and Quebec, Finkl Steel has two melt shops, three forging facilities, and four production facilities. Finkl Steel processes over 200,000 tons of steel each year and is the leading supplier of custom open-die  forgings, plastic mold steels, die casting tool steels, and forging die steels.  Finkl Steel has been a strong supporter of the Forging Foundation  for many decades, donating hundreds of thousands of dollars to  support...

Mold Making Technology – Advances in P20 Steel Potentially Eliminates Need for Stress Relieving After Rough Cutting

Founded in 1981, Omega Tool Corp. of Oldcastle, Ontario, Canada, specializes in the design and manufacture of large injection molds—over 50 tons/tonnes —focusing on high-profile components like bumper fascias. The shop typically produces 80-90 fascia molds annually. While the auto industry is Omega’s primary customer, the team also builds molds for heavy truck, industrial, consumer and medical industries. Moreover, thanks to vertical integration initiatives, Omega has enhanced its state-of-the-art validation facility to ensure customers achieve dimensional and aesthetic results on their molded parts. Besides the Oldcastle facility, which employs 220 people, Omega maintains a second facility in Queretaro, Mexico, with 20 team...

FIA Magazine – Improving the Quoting Process

The following information has been prepared in order to assist  forging producers in streamlining the RFQ process. The goal is  to help forgers get the information they need from their clients, so  they are able to quickly and efficiently provide an accurate proposal.  For a copy of this information and a downloadable RFQ Checklist please contact FIA Director of Marketing & Events, Angela Gibian at angela@forging.org or call 216-781-6260.  How can you ensure that the quotes you receive from your  forging supplier meet your expectations and needs? Many  times, a quotation fails to meet a customer’s needs because a clear ...

FIA Lifetime Achievement Award Winners Announced

The Forging Industry Association (FIA) Board of Directors has developed a new award program to recognize forging industry veterans who have contributed greatly to both the forging industry at-large as well as the association itself. The 2021 FIA Lifetime Achievement Award Winners were announced during the FIA Annual Meeting of Members at the Grand Geneva Resort in Lake Geneva, WI. The 2021 FIA Lifetime Achievement Award Winners are:   Algirdas A. Underys  Al graduated from IIT in 1978 with a Bachelor of Science in Engineering and went to work at A. Finkl & Sons Co., now doing business as Finkl Steel, for his entire 42-year career. He was hired as a project engineer with main responsibilities...

World Oil – Scientifically engineered stainless steel increases ROI in difficult fracing applications

An innovative stainless material achieves a lower  total cost of ownership  and extended service life,  compared to other stainless  offerings, improving ROI  and profitability of fracing operations. Hydraulic fracturing is starting to re bound. Nevertheless, profitable fracing  will depend on finding ways to reduce  and control production costs. One of the  big, recurring expenses is the fluid ends,  whose cost is driven by the metal forging.  Finkl Steel viewed this as an opportunity  to innovate a new material, formulated  especially for fracing applications, to im prove economics.  In 2019, Finkl launched a new fluid  end material, HVX Stainless, to lower the  total...