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Still, conversions of gray iron, steel and malleable iron to ductile iron have spurred some growth in the short and long term. The major product segments analyzed are Ferrous Castings (Gray Iron Castings, Ductile Iron Castings, Malleable Iron Castings, Steel Castings), and Nonferrous Castings (Die Castings, Aluminum Castings, Copper Castings, and Magnesium Castings). The increase in Company earnings, compared to the first quarter of 2005 reflected the positive impact of the initiative undertaken a year ago at our Metal Casting facility which was to increase our focus and capability toward producing ductile iron products in addition to our malleable iron products. |
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