The deadline is fast approaching for the 2026 CBSCA Scholarship Program. Offered by the CBSCA Educational Foundation, this program provides financial support to students who are employees of CBSCA member companies, children of employees, or students enrolled in undergraduate industrial distribution degree programs.

Applications must be submitted by March 2, 2026. With the due date just around the corner, now is the time to spread the word to your employees and their families so eligible students don’t miss this opportunity.

Learn more and apply today!

Wieland has acquired Techni-Cast LLC, a leading centrifugal casting foundry based in South Gate, California. Founded in 1954 and family-owned for three generations, Techni-Cast is recognized for its operational excellence, deep technical expertise and strong reputation for quality in demanding markets. The company operates two production sites, employs around 100 people, and holds ISO 9001, ISO 14001 and AS9100 certifications, which are essential for aerospace suppliers.

Techni-Cast’s capabilities go beyond casting. In addition to melting and centrifugal casting, the company provides comprehensive finishing steps, including heat treatment and precision machining. Its equipment includes several CNC machines for tight-tolerance machining, as well as conventional lathes for deburring cast parts. This enables Techni-Cast to deliver fully processed components ready for critical applications. The company works with a broad range of alloys, including brass, bronze, stainless steel and nickel-based materials. With casting diameters up to 52 inches and weight up to 4,000 pounds, Techni-Cast serves sectors such as aerospace, oil & gas, marine, defense and heavy industrial applications. 

The integration of Techni-Cast enhances Wieland’s U.S. manufacturing footprint and complements its existing portfolio of extruded and cast products. This acquisition reinforces Wieland’s commitment to delivering high-quality, sustainable solutions and meeting customers’ evolving requirements. 

Recent data show a notable rise in business investment, suggesting that firms are still committing resources toward productive capacity. U.S. Capital Goods New Orders are in an accelerating growth trend, coming in at 14.9% above the year-ago level in November 2025.

CapEx Spending Trends

U.S. Capital Goods New Orders are one of the clearest real-time indicators of business investment intent. These orders reflect commitments to:



• Machinery and equipment
• Technology and automation
• Productive capacity expansion

Historically, this indicator functions as either a slightly leading or coincident indicator relative to industrial production. Growth in capital goods orders has typically been correlated with stronger production activity and more robust demand. Conversely, persistent declines in orders have coincided with industrial slowdowns.