In 2018, the division acquired Precicast SA in Novazzano (Switzerland). With the acquired precision casting plants in Novazzano and Arad (Romania), GF Casting Solutions successfully enters the promising aerospace market and the energy segment. In addition, the Precicast 3D metal printing unit in Stabio (Switzerland) also contributes to profitability: it offers prototype and serial production of highly complex components for Formula 1 and applications in the aerospace industry.

While the automotive industry is rethinking and reinventing itself, GF Casting Solutions is a solution provider for components for alternative powertrains, light body and structure parts in great demand. Among the latest innovations are light and safe housings for batteries and electric engines as well as structural parts made of magnesium or aluminum – these are state of the art. In this context, GF Casting Solutions will have a stronger focus on light metal casting whilst reducing its presence in iron casting in Europe. Consequently, the iron casting plants located in Singen and Mettmann (Germany) have been divested to three former members of the management of GF Casting Solutions, effective retroactively as of 1 December 2018. This portfolio reshaping and the resulting regional footprint adaptation are fully in line with the Strategy 2020 of GF. Moreover, since 2018 GF has been producing lightweight components in its new light metal die-casting plant in Mills River (USA) for the strategically important automotive market in North America.