Press Releases

Tecpetrol Investments S.L. a member of the Techint Group, today announced the following updates to shareholders of Alpha Lithium Corporation with respect to its offer to acquire all of the issued and outstanding common shares of Alpha, a Canadian incorporated, headquartered and listed company. Continued Willingness to Engage and Increase Offer Price   On June 9, 2023, following the filing of its offer and take-over bid circular (the "Offer and Circu

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Ferroberica celebrates its fiftieth anniversary. Founded in 1973 and part of the Alfa Acciai Group since 1991, Ferroberica has contributed to the innovation of large reinforced concrete works. The company was founded in Vicenza - where the main production site is still located - with the aim of supporting large construction companies by providing pre-shaped and assembled steel reinforcing bars, and, where required, the ancillary service of installation. This entrepreneurial intuition was imme

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Arlington Capital Partners a Washington, DC-area private equity firm, today announced that it has acquired Pegasus Steel LLC  a leading provider of complex fabricated steel structures used for the construction of submarines, aircraft carriers and other naval and industrial systems. Pegasus is headquartered near Charleston, South Carolina with approximately 350,000 square feet of manufacturing space. Tony Deering, Pegasus’ Founder & CEO, will continue to operate the Company alon

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Flexsteel Industries, Inc., announced its Board of Directors declared a quarterly dividend of $0.15 per share, payable July 10, 2023, to shareholders of record as of June 28, 2023. Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 326th consecutive quarterly cash dividend. About Flexsteel Flexsteel Industries, Inc., and Subsidiaries (the “Company”) is one of the largest manufacturers, importers, and

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Low-carbon titanium developer IperionX has agreed to a Scope of Work with Ford Motor Company to supply titanium metal components for Ford racing cars. IperionX reports it has been collaborating with Ford to design, test, and additively manufacture a series of ‘high-quality’ titanium components for future Ford Performance production vehicles. Ford Performance is the ‘high-performance’ and racing division of Ford, which produces a range of performance cars incl

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Ingersoll Rand Inc. entered into a definitive agreement to acquire Howden Roots LLC’s compression business from Chart Industries Inc. in an all-cash deal valued at approximately $300 million, the company said in a June 12 news release. The sale comes nearly three months after Chart Industries completed the acquisition of industrial toolmaker Howden from KPS Capital Partners LP for $4.4 billion cash. Ingersoll said the deal was made at a “low teens” adjust

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SMX is pleased to announce that it is in the process of creating a new subsidiary, trueSilver, and has entered into a 120 day exclusive agreement with Sunshine Minting Inc., to create a path to full transparency and traceability for silver products from mine site to final products and recycling and the creation of an industry standard. This announcement follows the successful filing of patents pertaining to gold, aluminum, steel and cobalt in 2023. With silver rarely being

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On our journey towards carbon neutral steel, ArcelorMittal North America will supply General Motors with XCarb™ recycled and renewably produced  steel, offering significantly reduced CO2 emissions compared to much of the carbon steel available in North America.1 Material will be supplied from ArcelorMittal Dofasco in Hamilton, Ontario and shipments are expected to begin during 2Q 2023. ArcelorMittal North America's XCarb™ RRP steel is made via the Electric Arc F

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AqueoUS Vets® a vertically integrated solutions provider of water treatment and delivery systems, today announced the strategic acquisition of Dixie Tank Company (“Dixie Tank”), a manufacturer of carbon and stainless-steel tanks, pressure vessels, water heaters, filters, and custom fabrications for the water, water treatment, hot water, and industrial markets. The acquisition gives AqueoUS Vets an East Coast base of operations to serve a wider variety of customers across the U

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Coatings for pipes are more successful than other corrosion prevention techniques including cathodic protection, sacrificial anodes, and inhibitors. As a result, steel pipe coating is gaining traction. One of the main forces driving the demand for steel pipe coatings is mushrooming oil and gas industry. In the coming years, demand for oil and gas will soar and as a result, the demand for steel pipe coatings is anticipated to experience tremendous demand. Short Term

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