The American Foundry Society (AFS), North America’s largest and most influential metalcasting association, today announced the results of its Quarterly Metalcasters Outlook Survey for the first quarter of 2021.
After a challenging year for most metalcasters in 2020, the survey found that 69 percent of responding foundries saw sales increase over the past 90 days. Only about one in 10 foundries saw orders decline. Similarly, more than 70 percent of foundries have a positive outlook for the coming year and less than 12 percent anticipate sales declining over the next 12 months. The responses are consistent with AFS economic projections pointing to a 19 percent increase in casting sales to $44.0 billion in 2021.
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Article proposed by FUNDIGEX – Spanish Foundry Exporters’ Association