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CWM Corporate Governance


This document reflects CWM’s policies on human rights, corporate social responsibility, ethics, and compliance with applicable laws and regulations. It reflects our internal values and the expectations of our management, associates, suppliers and customers.  

Since the founding of Chicago White Metal Casting, Inc. in 1937, the company’s development has been based upon a strong philosophical belief in the dignity and worth of the individual.  This has been the cornerstone for decisions and actions concerning our business, our people, our growth and profit objectives, and our working environment.  As CWM has evolved from its small pioneering origins, this essential philosophy has endured.

At CWM, we believe that business relationships are more productive and effective when built on trust, mutual respect, and shared values.

Equal Employment Opportunity Statement

CWM provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, amnesty or status as a covered veteran in accordance with applicable federal, state and local laws. CWM complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training. 

Health and Safety

CWM requires that workers are provided a safe and healthy workplace in accordance with all relevant laws and regulations. We have established and implemented comprehensive health and safety programs that cover incident reporting and investigation, chemical safety, ergonomics, and other relevant topics. These measures also extend to any employee housing and dining facilities provided.

Employee Attributes

We firmly believe that many different kinds of people can be important contributors to our business.  Nonetheless, we find that extraordinary energy and inquisitiveness, the willingness to get involved, and the mature self-confidence required to “take a chance” are often as important as specific knowledge in solving problems.  In addition, we seek to align ourselves with people who have positive attitudes.  We embrace those, who in the face of adversity, see opportunities and seek solutions rather than problems and failure.  We welcome and will advance those team members who bring optimism and constructive thinking to their interactions with all associates, customers and suppliers, not allowing the bias of rank to affect their attitude.  Thus, we seek these attributes in each person that we hire, as well as those who are already employed with CWM.

Respect for Everyone

CWM believes that everyone deserves to be treated with equal respect.  Not only does this include refraining from any form of harsh or inhumane treatment, such as physical abuse, sexual harassment, corporal punishment, mental or physical coercion, or verbal abuse of workers, it also includes not catering to rank, but treating everyone as if they are the chairman of the board.  CWM has clear disciplinary policies and procedures that support these requirements and communicate them effectively to our workers.

Forced or Involuntary Labor

CWM strictly prohibits engaging in any form of forced or involuntary Labor. This includes forced, bonded, or indentured Labor, involuntary prison labor, slavery, or trafficking of persons. CWM does not transport, harbor, recruit, transfer, or receive vulnerable individuals by means of threat, force, coercion, abduction, or fraud for the purpose of exploitation. All work must be voluntary, and workers must be free to leave work at any time or terminate their employment.

Child Labor

The employment of children is strictly forbidden in any stage of manufacturing. The term “child” pertains to anyone younger than 16 years old, or below the minimum age for employment and compulsory education completion, whichever is the highest. However, legitimate workplace apprenticeship programs that adhere to all laws and regulations are encouraged.

Hours of Work

In normal circumstances, the duration of a workweek, including overtime, should be at most 60 hours, and employees must have at least one day off every seven days. It’s strictly prohibited to exceed the maximum number of work hours permitted by relevant laws and regulations, except in cases of emergencies or uncommon situations.

Wages and Benefits

CWM pays their workers at least the minimum wage mandated by applicable laws and regulations and provide all legally required benefits. Workers should be compensated with a premium rate for their overtime hours on top of their regular pay. Deductions from wages should not be utilized as a form of disciplinary action. Moreover, CWM’s offers vacation time, personal time, and holidays that comply with the relevant local laws and regulations.


CWM is dedicated to creating a workplace free from unlawful discrimination and harassment. In recruitment and employment practices such as promotions, training, and rewards, CWM refrains from discriminatory actions based on race, color, age, gender, sexual orientation, ethnicity, disability, pregnancy, religion, political affiliation, union membership, or marital status. Moreover, workers or potential employees should not be subjected to medical tests that could potentially be used in a discriminatory manner.


CWM is committed to a work environment in which all individuals are treated with respect and dignity. Each individual has the right to work in a professional atmosphere that promotes equal employment opportunities and prohibits unlawful discriminatory practices, including harassment. Therefore, CWM expects that all relationships among persons in the office will be business-like and free of bias, prejudice and harassment. 

Freedom of Association

The freedom of workers to associate freely, including the choice to join or not join labor unions, seek representation, and participate in workers’ councils, must be respected in accordance with local laws. Workers must be able to communicate openly with management and share grievances related to working conditions and management practices without fear of harassment, intimidation, or retaliation. Suppliers have the right to create favorable employment conditions and effective communication programs for employees to promote positive relationships and minimize the need for third-party representation.

Protection of the Environment

CWM prioritizes environmental protection. To meet the minimum requirements, CWM complies with all relevant environmental laws, regulations, and standards, including but not limited to chemical and waste management and disposal, recycling, industrial wastewater treatment and discharge, air emissions controls, environmental permits, and environmental reporting. CWM establishes and maintains an environmental management system that complies with ISO 14001 or an equivalent standard.

Conflict Minerals

CWM acknowledges the significant legal and non-legal risks associated with sourcing tin, tantalum, tungsten, and gold as stipulated in the Dodd-Frank Act Section 1502. When presented a PO, CWM assures Suppliers certify that it complies with the Act’s reporting requirements, irrespective of the country or countries in which it operates. If any of these minerals are present in products supplied to CWM, the Supplier must disclose this information to the CWM buyer. For these minerals, CWM expects the Supplier to conduct a reasonable inquiry into the country of origin and perform due diligence to establish the conflict status of the mine or smelter. This information must be provided to CWM. 12.0 Laws and Regulations

Laws and Regulations

CWM will comply with all applicable laws and regulations in all locations where they conduct business.

Anti-Corruption & Business Ethics

CWM conducts our business in accordance with the highest ethical standards. CWM strictly complies with all laws and regulations relating to bribery, corruption, and prohibited business practices. This includes:

  • The laws and regulations of the United States, particularly the Foreign Corrupt Practices Act (FCPA); and
  • The anti-corruption laws and regulations of other countries in which CWM and CWM Suppliers operate.

Any arrangements involving payment, offer, or promise of improper benefits or advantages with an expectation of receiving something in return, commonly referred to as “quid pro quo,” are strictly prohibited, including any form of bribery. Additionally, facilitation payments, which are payments made to expedite routine government actions, are also strictly prohibited.