Press Releases

Cactus, Inc. announced today that it has entered into a definitive agreement  to acquire FlexSteel Technologies Holdings, Inc. and its affiliates through a merger with its holding company, HighRidge Resources, Inc.and Atlas Merger Sub, LLC, a newly formed subsidiary of Cactus, Inc. FlexSteel is a market-leading manufacturer of spoolable pipe technologies primarily purchased by customers during the production phases of a well’s lifecycle. Scott Bender, President and CEO of

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Fortune Minerals Limited (www.fortuneminerals.com) is pleased to announce that it has secured an additional extension to the option to purchase the JFSL Field Services ULC  brownfield site in Lamont County, Alberta. Fortune plans to construct a hydrometallurgical refinery at this site for its vertically integrated NICO cobalt-gold-bismuth-copper critical minerals project. The JFSL facility is a former steel fabrication plant located on 76.78 acres of lands in Alberta’s Industrial H

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Equillium, Inc. and Metacrine, Inc. today announced the mutual termination of their previously announced definitive merger agreement.“Equillium first set out to acquire Metacrine in an all-stock transaction in early 2022, with the intent of adding cash runway in a very difficult financing market,” said Bruce Steel, chief executive officer of Equillium. “However, our recent strategic partnership with Ono Pharmaceutical is expected to extend our cash runway into 2025, and poss

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Fortune Minerals Limited  is pleased to announce that it has secured an additional extension to the option to purchase the JFSL Field Services ULC brownfield site in Lamont County, Alberta. Fortune plans to construct a hydrometallurgical refinery at this site for its vertically integrated NICO cobalt-gold-bismuth-copper critical minerals project. The JFSL facility is a former steel fabrication plant located on 76.78 acres of lands in Alberta’s Industrial Heartland

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United States Steel Corporation announced the appointment of two new executive leaders, Christian Gianni as Senior Vice President & Chief Technology Officer (CTO) and John Gordon as Senior Vice President, Raw Materials & Sustainable Resources. Mr. Gianni and Mr. Gordon report directly to David B. Burritt, President and Chief Executive Officer, as members of the Company’s executive management team.These appointments will help accelerate U. S. Steel’s Best for All strategy a

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Greif, Inc.a global leader in industrial packaging products and services, announced today it has received two additional awards recognizing the company's leadership and continued commitment to corporate social responsibility. Greif was recognized with an "A-" rating in climate change by CDP - a non-profit organization that runs the global disclosure system for entities to manage their environmental impact. The rating places Greif in the "Leadership" category

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Enviva Inc. today announced the signing of a new 10-year take-or-pay off-take fuel supply contract with an existing European customer, extendable for up to five years. Enviva expects to supply 800,000 metric tons of industrial-grade wood pellets per year, with deliveries expected to commence during 2027, subject to certain conditions precedent. “We are pleased to announce a sizeable contract today with one of our power generation customers in Europe. The magnitude of market op

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Steel Dynamics, Inc.one of the largest domestic steel producers and metals recyclers in the United States, welcomed the news that the company is being added to the S&P 500 Index, effective prior to the opening of trading on Thursday, December 22, 2022. S&P Dow Jones Indices is the largest global resource for benchmarks and investable indices, including the Dow Jones Industrial Average as well as the S&P 500. It is widely recognized as one of the premier benchmarks of the

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United States Steel Corporation today announced the ratification of new successor four-year collective bargaining agreements by the United Steelworkers. These agreements cover approximately 11,000 USW- represented employees at the company’s domestic flat-rolled facilities, iron ore mining facilities and applicable tubular operations. “We are pleased to have reached these agreements with our USW-represented employees,” said David B. Burritt, President and Chief Exec

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Nucor Corporation announced today that it will build two new state-of-the-art tower production plants as it expands its recently established Nucor Towers & Structures business unit. Nucor is evaluating locations in the Midwest and the Southeast. "As our nation continues to replace its aging electric grid, extend transmission infrastructure to connect renewable generation locations and modernize its digital network, we see tremendous growth potential in the need to build thi

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