CDC: Why Cascade Die Casting Group is considering a $6M expansion in High Point

High Point may be known for the furniture industry, but a Michigan-based manufacturing firm has been putting the town on the map as a major automotive components player. Significant growth in the automotive industry is driving Grand Rapids, Mich.-based Cascade Die Casting Group to consider a $6 million expansion of two south High Point facilities. Philip Torchio, chief operating officer for Cascade, which employs more than 450, said the company's success in winning automotive business for the last…