February 9, 2016 - Alliance Steel LLC, Bedford Park, Illinois, is pleased to announce the acquisition of the working capital assets and customer list of Standard Steel & Wire Inc., Chicago. Alliance Steel will concurrently form the Specialty Steel Division of Alliance Steel. Dennis Barista, formerly of SS&W, will be heading up this new Division.
February 9, 2016 - Walter Surface Technologies announced today the launch of the new Walter Abrasives Selector app available for all iOS and Android smartphones. The free app is designed to help metalworking professionals select the optimum abrasive solution for any possible application they may encounter.
February 8, 2016 - Simonds Saw has recently reintroduced two major bi-metal band saw blade lines that combine new features with advanced manufacturing methods to substantially increase cutting rates in production metal sawing applications by up to 20 percent.
February 4, 2016 - Continental Machines Inc., manufacturer of the DoALL Sawing Products brand of metal cutting band saws, announced today its two-year plan to transition from a manufacturing-based company to a service- and distribution-based company to better address customer demand.
February 2, 2016 - Beck’s Light Gauge Aluminum, a cut to length toll processor in Elk Grove Village, Illinois, has recently installed a Herr-Voss 6 hi light gauge corrective leveler to enhance the processing of non-ferrous coil for surface critical (jewelry) type applications.
February 2, 2016 - AMI Metals Inc., Brentwood, Tennessee, won a five-year contract with BAE Systems to provide aluminum plate to support the requirements for the F-35 Joint Strike Fighter, Hawk and Typhoon programs.
February 2, 2016 - Steelmaker Gerdau and Danieli Centro Recycling, are partnering on a $10 million project to upgrade the nonferrous scrap separation system at Gerdau’s steel mill in Whitby, Ontario. Construction will begin during the first half.
February 2, 2016 - JM Bastille Acier neuf, a trader and distributor of ferrous and nonferrous metals across eastern Quebec and New Brunswick, has changed its name to Acier Quebec-Maritimes. In the wake of obtaining Cdn $1 million in funding from public and private sources, company leader Jean-Claude Chouinard has expanded the company over the past three years.
February 2, 2016 - Laser Mechanisms Inc. announced today that it has acquired Livonia, Michigan-based Visotek, a provider of Smart Laser Tools that simplify the use of lasers in any environment.
February 2, 2016 - Fronius USA has recently announced its Fronius Service Provider (FSP) program training opportunities and new online webinars available to individuals interested in learning more about their solar products.
January 29, 2016 - Société Internationale Métallique (SIM) selected Midrex Technologies Inc. and Primetals Technologies (formerly Siemens VAI) to furnish equipment and manage installation of a 2-million-ton hot briquetted iron (HBI) plant.
January 28, 2016 - Talleres y Aceros (TYASA) ordered a two-cell EPS Coil Line, built by Red Bud Industries, to complete its minimill steelmaking complex in Mexico. The Eco Pickle Surface line will descale hot-rolled strip up to 1.9 mm (0.075-inch) thick and 1830 mm (72-inch) wide in coils up to 33,100 kg (73,000 pounds). Startup is projected for 1Q 2017.
January 27, 2016 - The grand opening event is scheduled for March 30-31. Industry professionals and media are invited to visit the new facility, meet the product team and see live machinery demonstrations 10:00 am – 5:00 pm each day.
January 27, 2016 - Fischer Technology Inc. is expanding with a new office in Livonia, Michigan. This office will provide technical sales and service support for the Michigan area. Jeff Stoner has been appointed as the Field Sales Engineer for Michigan and brings a wealth of measurement experience to service Fischer Technology’s Business Partners in the state.
January 26, 2016 - Blackford Capital, a private equity firm based in Grand Rapids, Michigan, acquired an ownership stake in Hastings, Michigan-based Quality Aluminum Products, which manufacturers residential exterior products from aluminum.
January 22, 2016 - FCA US started production Jan. 22 on its newest stamping press at the Warren Stamping Plant. The automaker invested $63 million to install high-speed Servo Tandem Press technology (a 180-inch press line) that will increase capacity by up to 12,000 hits per day or approximately 3.6 million parts per year.
January 20, 2016 - The Metals Service Center Institute (MSCI) and its chapters last year granted 342 scholarships with a combined value of $766,500—making 2015 MSCI’s largest scholarship year yet.
January 20, 2016 - Allegheny Technologies Inc. (ATI) says its fourth-quarter 2015 results will include $267 million in pre-tax charges, including $181 million of non-cash, long-lived asset impairment charges for its Flat Rolled Products (FRP) business, and $76 million of non-cash inventory charges. Asset impairment charges include the writeoff of all $127 million of goodwill in the FRP business.