Press Releases
Global technology, engineering and advanced manufacturing leader Arconic today announced it has signed a new long-term contract with Boeing to supply aluminum sheet and plate for all models produced by Boeing Commercial Airplanes. The multiyear contract, which extends and adds to the companies’ 2014 contract, is the largest to date and captures growth in the build rate increases of the Boeing 737 program. “This agreement demonstrates Arconic’s commitment to d
Read more...17 July 2018
Benada Aluminum LLC is celebrating the opening of a new production line and the creation of additional jobs. Hosting a ribbon cutting ceremony for the new line on July 20 at 2610 5th Street, Sanford, FL 32771, the company now has an annual capacity of 60-million pounds of aluminum extrusions. "With a favorable business climate in Florida we are excited to add this capacity and optimistic about the future of Benada," said company President Jim Piperato. "We'r
Read more...13 July 2018
Samuel, Son & Co., Limited, today announced the acquisition of Riverside, California based Sierra Aluminum, a leader in the aluminum extrusions industry. Sierra provides aluminum extrusions and related products and services to customers in a number of end markets, including construction and transportation. The acquisition is an important strategic step that moves Samuel's Manufacturing Division into a new and growing market segment. "Aluminum extrusions are a high-growt
Read more...TEXAS STEEL CONVERSION, INC., , a leading provider of OCTG Processing and Manufacturer of Drill Pipe, is pleased to announce that it has acquired the business assets of Superior Drillpipe Manufacturing, Inc. ("Superior") based in Houston, Texas. Superior is the industry leader in manufacturing large diameter friction welded Horizontal Directional Drilling (HDD) drill pipe. Superior's size range covers up to 8 -3/4" HDD pipe. Superior is also a manufact
Read more...The Company's results for the 2018 second quarter will be issued by press release on Thursday, August 9, 2018 after the close of business at 5:00 p.m. ET. An Investor Conference Call will be hosted by Marion E. Britton, Executive Vice President and Chief Financial Officer and John G. Reid, President and Chief Executive Officer on Friday, August 10, 2018 at 9:00 a.m. ET to review the results. The dial-in telephone numbers for the call are 416-764-8688 (Toronto and Inter
Read more...6 July 2018
Midrex Technologies, Inc. announces that in June, plants operating with MIDREX® Direct Reduction Technology reached a cumulative production of 1 billion metric tons of direct reduced iron (DRI) products, according to records kept by Midrex Technologies and verified annually by World Steel Dynamics. From the start-up of the first MIDREX Plant at the former Oregon Steel Mills in Portland, Oregon, USA in 1969, it took 38 years to produce the first 500 million tons of DRI, but only
Read more...The "High Speed Steel (HSS) Metal Cutting Tools - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa and Latin America. Annual estimates and forecasts are provided for the period 2015 through 2024. This report analyzes the worldwide markets in US$ Million. The global market is further
Read more...3 July 2018
In the face of the US tariff storm, the Aluminium China 2018 exhibition and conference in Shanghai from July 11 to 13, will provide China’s aluminium industry with its first global platform since the announcement to expand business into other world markets. In particular, the event, which will bring together some 500 exhibitors and 24,000 visitors from more than 30 countries and regions, will reinforce China’s connections the rest of Asia and strengthe
Read more...Steel Dynamics, Inc today announced the completion of the acquisition of Heartland Steel Processing, LLC (formerly known as Companhia Siderurgica Nacional, LLC) ("Heartland"). Located in Terre Haute, Indiana, Heartland produces various types of higher-margin, flat roll steel by further processing hot roll coils into pickle and oil, cold roll, and galvanized products. As previously announced, the purchase price for Heartland was $400 million in cash, inclusive of $60 mill
Read more...ArcelorMittal Zenica announces the completion of a EUR 30 million project to rebuild the blast furnace and upgrade other areas of the factory, including the energy, sinter and steel plants and the rolling mill. The latest projects are bringing the total invested in the Zenica plant to over EUR 200 million. The refurbishment means that integrated steel production can continue in Zenica for up to 20 years into the future. The project’s completion was marked with a ceremony in th
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