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Economic Profile and Trends
Value of Shipments | Annual
Production | Labor Productivity
The metalcasting industry is a major contributor to the U.S. economy,
maintaining annual shipments between 14 and 15 million tons since
1994. In recent decades, the industry went through a long period
of downsizing because of heightened foreign competition, decreases
in the number and size of vehicles being manufactured, increased
use of substitutes for metals, and higher costs for environmental
compliance. The industry's production fell from 21.9 million tons
in 1973 to 11.3 million tons in 1991, and more than a third of the
nation's foundries had closed by the early 1990s. Today, nonferrous
castings and value-added castings contribute to the industry's steady
performance. [DOE 1999]
Source: DOC 1993, 1997,
2001
| Iron |
11.3 |
| Steel |
5.3 |
| Aluminum |
7.8 |
| Copper-Base Alloys |
0.9 |
| Other Nonferrous |
2.6 |
| Total |
28.0 |
Source: DOC 2001
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