About the NFTN
The NFTN supports growth and transformation in the South African foundry industry through focused interventions.
It drives improved industry competitiveness, the introduction of new technologies, product development and skills development.
As an initiative of the South African national government, through the Department of Trade, Industry and Competition (the dtic) the NFTN has the following mandate:
The mandate of the NFTN is to manage, coordinate and facilitate growth and transformation in the casting industry through focused interventions designed to support improved foundry competitiveness, the industrialisation of new technologies and products.
Vision
Increase the global competitiveness of the South African foundry industry through the provision of appropriate services, in order to reduce import leakage, increase local production, and increase investment in the sector.
Mission
The NFTN will manage, coordinate, and facilitate economic development towards a revitalisation of foundry industry through appropriate skills training, knowledge transfer, and diffusion of state-of-the art technologies.
A foundry is a factory that produces metal castings – where metal shapes are formed by pouring molten metal into a mould cavity, where it solidifies as it is cooled and later extracted.
Many of these foundries are working in aging facilities and facing multiple challenges, including cheap imports, rising energy costs and a shortage of foundry skills.
It is the mission of the NFTN to support this vital sector to be sustainable and competitive, thereby preserving jobs, creating economic opportunities and increasing local content in the South African manufacturing supply chain.
The NFTN Team
The NFTN offers support through a small, but skilled and dedicated team of metallurgy and sector experts.
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