Press Releases

TimkenSteel Corp. a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2023 second-quarter financial results on Thursday, August 3, after the market closes on the New York Stock Exchange. The company will provide live Internet listening access to its conference call with the financial community scheduled for Friday, August 4, 2023, at 9:00 a.m. EDT. The live conference call will be broadcast at investors.timkensteel.com. A r

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Olympic Steel Inc., a leading national metals service center, today announced several recent leadership changes related to the Company’s fabrication growth strategy. Edward ‘Max’ Fitzgerald Welcomed as Vice President – Fabrication Max Fitzgerald has joined the Company in the newly created role of Vice President – Fabrication. In this role, Mr. Fitzgerald will lead the execution of Olympic Steel’s fabrication strategy &nd

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The global long steel products industry size will witness an upward growth trajectory on the back of rising bridge construction activities, according to the "Long Steel Products Industry Data Book, 2023 - 2030," published by Grand View Research. Billions of dollars are expected to be injected into repairing, rebuilding and replacing bridges. In January 2023, the U.S. Department of Transportation's Federal Highway Administration (FHWA) announced pouring USD 2.1 billion into a lar

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Tinicum L.P. and affiliated funds managed by Tinicum Incorporated announced today that they have acquired a controlling interest in Greene Group Industries, a leader in the development and manufacture of complex components via metal injection molding, stamping and precision machining. The financial terms of the transaction were not disclosed, although the selling shareholders and management have retained an ongoing minority interest in the company. Alexis Willingham, the co-founder and CEO of

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UK Metals Expo the premier event for the metal manufacturing and engineering sectors, will take place on 13th and 14th September at the NEC in Birmingham, UK. UK Metals Expo is a free-to-attend exhibition and conference that promises to deliver a wide range of innovative products, services, and interactive sessions led by top experts such as JCB, Jaguar Land Rover, Stellantis, Boeing, Spirit AeroSystems, ADS Group, Rolls-Royce, Ford Motor Company, Ricardo, Network Rail, The Royal Mi

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Klauer Manufacturing Company, an innovator in the steel siding industry, is offering a distinct and durable cladding that gives homes a vibrant and resilient curb appeal. The Klauer Classic Steel Siding and Accessories collection is available in 24 dynamic siding colors for the ultimate design flexibility. This product is ideal for homeowners and contractors looking for a siding option that requires low maintenance but gives an elevated look to homes and can help them save on the co

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DLA Piper advised Arlington Capital Partners a leading private equity firm based in Washington, DC, in its acquisition of 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. Based in South Carolina, Pegasus specializes in cutting, forming, machining and welding of large-scale, complex fabrications. Pegasus will retain its current leadership and management team.

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Razor Labs a leading provider of predictive maintenance solutions for the mining industry, announced that during the last quarter it has significantly deepened its engagement with the world's leading mining corporations by deploying its DataMind AI™ Predictive Maintenance platform at three leading mining and steel corporations, across multiple mining sites in Australia and South Africa. Razor Lab's cutting-edge approach to predictive maintenance centers around fusing a

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Hexagon AB, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the acquisition of HARD-LINE, a fast-growing, global leader in mine automation, remote-control technology and mine production optimisation. HARD-LINE specialises in remote control solutions and related network infrastructure, enabling the tele-remote operation of heavy machinery from a secure control station on the surface or underground, regardless of

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Ecolomondo Corporation, a cleantech company specializing in the commercialization of its Thermal Decomposition Process (“TDP”) proprietary recycling technology and the global deployment of TDP turnkey facilities, announces that it received the International Sustainability and Carbon Certification (“ISCC”) for its Hawkesbury TDP facility, another step forward towards commercial operations. ISCC is a Global Sustainability Certification System and offers chain-o

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