Aluminum diecaster Quad City to permanently close plants July 12

Washington (Platts)–14May2009 US aluminum diecaster Quad City Die Casting will permanently close its three plants on July 12, and recently sent out a Worker Adjustment & Retraining Notification notice to its approximate 100 employees that they will soon be out of a job, according to spokeswoman Linda Norberg.

Norberg declined comment on how much order levels have declined recently or if the company was up to date on its payments to suppliers. She would only say these are “tough times.”

She said, “When the economy hit, that did us in. Our customer orders have not come back. All sectors declined.” Quad City’s largest customer is Kawasaki, but its plants also service various other markets. The company only has a small exposure to the struggling automotive sector. It services customers in North America and Europe.

Quad City’s main plant is in Moline, Iowa (aluminum and magnesium diecastings), but it also has plants in Red Oak (aluminum and magnesium diecastings) and Davenport (zinc diecastings), Iowa. The plants make parts ranging from 5 lb to 20 lb, according to its website. The company was established more than 50 years ago.

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