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Tupy of Brazil Moves Into CGI With SinterCast

30 November 1999

Tupy of Brazil Moves Into CGI With SinterCast

    STOCKHOLM, Sweden, Nov. 29 -- An agreement has been signed
between Fundicao Tupy of Brazil and SinterCast AB (publ) of Sweden signaling
the first South American foundry entering into production preparation for
Compacted Graphite Iron (CGI) for engine components to the automotive industry
using the Swedish SinterCast Foundry Process Control Technology.
    Tupy, which is the largest independent foundry in Latin America, has
foundries in Joinville and Sao Paulo with a combined capacity of 380,000 tons
per year of iron for automotive components for the South and North American
automotive and engine industry as well as for European customers.
    Among Tupy's customers are Cummins, Navistar, Detroit Diesel, Mercedes
Benz, Volkswagen, Peugeot, Perkins and Iveco.
    A SinterCast System 2000 will be shipped this year and installed in
Joinville early spring next year.
    SinterCast is a Swedish company, noted on the Stockholm Stock Exchange,
specializing in the development, manufacturing and sales of its world leading
process control technology for high volume production of CGI components,
especially engine blocks and cylinder heads.
    Among SinterCast's customers and end-users are Allen Power Engineering
(part of the Rolls-Royce Group), Caterpillar, Audi and the independent
foundries Halberg in Germany, Sakana in Spain, VDP in Italy and Cifunsa in
Mexico.