AFS Urges Congress and Administration to Fix Paycheck Protection Program

The American Foundry Society, along with a coalition of more than 130 small business organizations, is calling on Congress to make critical changes to the U.S. Small Business Administration’s (SBA) Paycheck Protection Program (PPP) so small manufacturers, including foundries, have more…

OSHA to Increase Enforcement and Revise Recordkeeping Requirements for COVID-19

The Occupational Safety and Health Administration (OSHA) announced this week a new guidance for enforcing its COVID-19 recordkeeping requirements, soon requiring employers, including metalcasters, to make an increased effort to determine whether they need to record and report…

AFS Unveils Reports Showing U.S. Metalcasters Account for $44.3 Billion in Direct Economic Benefit

The U.S. metalcasting industry accounts for $44.3 billion in direct economic benefit and a total national economic impact for the U.S. of $110.52 billion, according to a new study released today by the American Foundry Society.

The AFS Foundry Industry 2020 Economic Impact…

IRS Revises Guidance on Employee Retention Credit in PPP Loans

Following outcry from the business community and Congress, the IRS reversed course on May 8, saying businesses can get the new employee retention tax credit even if they are paying health benefits but not wages for workers.

“Eligible employers may treat health plan expenses allocable to…

AFS Urges FERC to Delay Comment Deadline on Rulemaking to Hike Electricity Transmission Rates

The American Foundry Society (AFS) is calling on the Federal Energy Regulatory Commission (FERC) to extend the comment period on a proposed rulemaking that would raise electricity bills for all consumers, including U.S. metalcasters, until the COVID-19 pandemic…

Metalcasters are Providing Essential Goods and More in the Fight Against COVID-19

In the global fight against COVID-19, metalcasters and their suppliers have proved essential. AFS Corporate Members are providing crucial services to support coronavirus relief, from manufacturing components for medical equipment and other essential products, to making donations and providing…

DHS Releases Second Update to its Guidance on Essential Critical Operations and Workers During COVID-19

On April 17, 2020, the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) issued the latest update, Version 3.0, to its “Essential Critical Infrastructure Workforce” guidelines, intended to help state and other local officials…

AFS Welcomes New President and Board Members

Michael L. Lenahan will lead the American Foundry Society and the Institute as President of the Board of Directors for 2020-2021.

Lenahan, CEO of KB Foundry Services (Independence, Ohio), was installed as AFS President…

Trump Administration Unveils Three-Phase Plan for States to Reopen Amid COVID-19 Pandemic

On April 16, the Trump administration released new federal guidelines for governors to use while reopening their state’s economies following coronavirus quarantine procedures. The administration's 18-page guidance document, the “Opening Up America Again” plan, details three phases to reopen…

Foundry 4.0 Conference moved to Spring 2021

The American Foundry Society is rescheduling an important event, the Foundry 4.0 Conference, from June 2020 to spring 2021. Modern Casting magazine will continue to publish information on this important issue; see the link at the bottom of this message.

The decision to postpone…