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cover MM0725

JULY 2026

COMING HOME

The fund helps injured combat veterans toward health and independence.

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IN THE JULY ISSUE

  • Waterjet
    JET PROPULSION // Cutting system saves fabricator both time and money
  • Tube & Pipe
    STRENGTH IN NUMBERS // Strategic hiring, training and leadership development are part of an organic growth trajectory
  • Software Solutions
    TRANSVERSAL OF FORTUNE // Upgrades to enterprise resource planning include cross-connected digital assist
  • Coil Processing
    VIVA LA DIFFÉRENCE // Levelers versus straighteners—learning the variations between the two processes can help resolve distinct problems
  • Giving
    LIFTING THE BURDEN // Organization comes to the aid of injured combat veterans in numerous ways, forging new paths to health and independence

News

Drummond files for preliminary injunction to block aluminum smelter

Written by: web
Published: 12 August 2026
Drummond files for preliminary injunction to block aluminum smelter

Attorney General Gentner Drummond has filed a motion for preliminary injunction to block construction of the proposed heavy-industrial aluminum smelting complex in Inola. The motion, filed Tuesday in U.S. District Court for the Northern District of Oklahoma, comes ahead of the Aug. 28 expiration of the Town of Inola’s moratorium on new construction at the site. 

Drummond said he is taking legal action to protect Oklahomans and their natural resources. 

“The people of Rogers County stand to lose their health, their herds and their livelihoods,” Drummond said. “The public interest lies in enforcing Oklahoma’s nuisance and environmental laws, protecting the health of Inola families and preserving the livestock economy and natural resources of the region.”

Drummond said construction should remain on hold while his lawsuit to block the project is decided in court. Drummond initially filed a petition in June to stop the smelter’s development. Behind the massive project are two corporate ventures, one of which is owned by the government of an Islamic foreign monarchy. 

Emirates Global Aluminium (EGA), which is a state-owned enterprise of the United Arab Emirates, holds a 60 percent controlling interest in the project, meaning the controlling hand behind the project belongs not to Oklahomans, nor even to Americans, but to a foreign sovereign more than 7,000 miles away. Century Aluminum holds the minority 40 percent interest. The Delaware corporation is headquartered in Chicago. 

In March, Century filed an Iran Threat Disclosure with the United States Securities and Exchange Commission (SEC), revealing that its largest stockholder, Glencore, has agricultural sales contracts with the Islamic Republic of Iran. EGA is owned by Mubadala Investment Company of Abu Dhabi and Investment Corporation of Dubai. Mubadala is a sovereign wealth fund in the United Arab Emirates that manages investments for its shareholder, the Government of Abu Dhabi, and has substantial partnerships with China.

“At a minimum, Oklahomans are entitled to fully vet the project, including the environmental impacts as well as ownership and governance ties,” Drummond wrote in the filing. “As the United States stood at the precipice of armed conflict with the Islamic Republic of Iran, Century was disclosing to the SEC, as it was federally required to do, that its largest shareholder – also its largest customer – had active contracts to sell agricultural products to entities owned by the Government of Iran. Yet, the defendants never disclosed this information to Oklahomans, even as they asked Oklahoma’s agricultural heartland to absorb the risks of their project.”

The proposed facility - Oklahoma Primary Aluminum - would be the largest primary aluminum production plant ever constructed in the U.S. with a planned capacity exceeding 750,000 metric tons of aluminum per year. Primary aluminum smelting generates hazardous waste streams, consumes significant amounts of electricity and water and is one of the most polluting heavy-industrial activities that exists. The process also causes fluoride to settle on hay and wreaks havoc on cattle, threatening Oklahoma’s single largest agricultural sector. The smelter would occupy about 633 acres along the Verdigris River, within about three miles of Inola’s schools, homes and farms in the Hay Capital of the World.

Along with the motion for preliminary injunction, Drummond filed a declaration from Dr. Ranajit (Ron) Sahu, an engineer and environmental expert. According to Sahu, not only would the smelter be the largest by production, it would also emit vast quantities of a wide range of pollutants. 

Emissions of air pollutants projected in the smelter application include 87,182 tons per year of carbon monoxide, 316 tons per year of nitrogen oxide, 731 tons per year of particulate matter, 217 tons per year of volatile organic compounds, 187 tons per year of highly toxic air pollutants, including many carcinogens, and 425 tons per year of total fluoride compounds. Sahu said he believes the emissions would likely be higher. The Oklahoma Department of Environmental Quality has already suspended its review of the project’s air-permit application, finding, among other things, that the applicant’s own emission calculations exceed the very fluoride limits it proposes.

“The proposed plant would not only be the highest fluoride emitter among the seven primary aluminum plants reflected in the most recent National Emissions Inventory data for the U.S., it would also rank as the highest-emitting plant considering all industrial plants across all industries in the U.S.,” Sahu said.

The facility is projected to draw more power than many Oklahoma cities consume, placing extraordinary strain on the regional grid served by Public Service Company of Oklahoma and threatening the reliability and affordability of electricity for Oklahoma ratepayers. 

The project is propelled by an extraordinary infusion of public money, including a federal award of up to $500 million and approximately $255 million in state performance-based rebates. 

Drummond also asked the court to resolve the pending motion to remand in the case and return it to the District Court of Rogers County.

 

 

 

BuySteel.com Opens for Business, Bringing Instant Metal Quotes and Online Ordering to Buyers Nationwide

Written by: web
Published: 11 August 2026
BuySteel.com Opens for Business, Bringing Instant Metal Quotes and Online Ordering to Buyers Nationwide

BuySteel.com is officially open for business. The new online storefront gives contractors, manufacturers, fabricators, and maintenance teams a way to get real and immediate quotes and place actual orders for metal without waiting on a phone call or an emailed spreadsheet.

BuySteel.com covers most types of metal — carbon steel, stainless, aluminum, and more — across a variety of sheet and plate. Buyers can search by shape, grade, and size, get pricing on the spot, and check out online. The site also quotes cut-to-size warehouse material and fabricated parts. Powder coat finishes are also available to quote. Utilizing one of the largest 3D printers in the country, BuySteel.com can also quote and field inquiries for 3D printing.

Pricing and availability are drawn from live warehouse inventory rather than a static catalog, so what a customer sees online reflects material that is actually in stock and ready to ship.

Key features at launch include:

• Instant quoting on most metal types, grades, and sizes, including cut-to-size and fabricated parts

• Online checkout by credit card or purchase order

 • Order tracking and reorder history from a single account

• Expedited delivery options

The site is expected to be especially useful for small and mid-size companies looking to engineer and/or prototype a unique part prior to ordering large quantities, although that is also an option.

BuySteel.com is live now at www.buysteel.com. Accounts are free to create, and quoting is available without a login.

 

 

 

 

Alro Steel Announces Strategic Investment Partnership with Lindsay Goldberg

Written by: web
Published: 11 August 2026
Alro Steel Announces Strategic Investment Partnership with Lindsay Goldberg

Alro Steel announced a significant strategic investment partnership with Lindsay Goldberg, a leading private investment firm that specializes in family-owned and founder-led businesses. Through this investment, Lindsay Goldberg will become the majority investor in Alro Steel. The Glick family, which founded Alro Steel in 1948, will retain significant ownership interest. 

The Alro Steel name, brand, and daily operations will remain unchanged. The Glick family and the existing leadership team will continue to lead the business. Customers, teammates, and suppliers can expect the same commitment to culture, leadership, quality, service, and relationships that have defined Alro Steel.

“Alro has found an investment partner that deeply values our people, our culture, our history, and our commitment to our customers. Day-to-day operations will continue exactly as they have, our executive team remains fully in place, and our valued teammates will continue to be the backbone of our success. With Lindsay Goldberg’s support, we will have additional resources for future growth in metals and plastics,” said Randy Glick, CEO & Chairman, Alro Steel.

“Randy and the entire team at Alro Steel have built an exceptional business with a well-earned reputation for excellence in the metals industry. Our goal is to act as a catalyst for their continued success. We are committed to supporting Alro’s future growth by providing the strategic guidance and capital needed to expand, all while ensuring that Alro’s workforce, culture and name remain firmly at the top of the metals service center industry,” said Michael Dees, Managing Partner, Lindsay Goldberg.

Lindsay Goldberg focuses on partnering with families and founders to foster long-term expansion. This partnership will allow Alro Steel to pursue new growth opportunities while remaining deeply committed to the core values and culture that built the company.  

The transaction is subject to customary closing conditions and is expected to be completed by the end of October.

J.P. Morgan acted as the exclusive financial advisor to Alro Steel in completing this transaction.

 

 

 

 

TRUMPF and Cutlite: Strategic Partnership to Expand Laser and Tube Cutting Portfolio

Written by: web
Published: 10 August 2026
TRUMPF and Cutlite: Strategic Partnership to Expand Laser and Tube Cutting Portfolio

TRUMPF, a German high-tech company, and Cutlite, an Italian manufacturer of 2D laser machines, are joining forces and entering a strategic partnership. To this end, TRUMPF is acquiring the business of Cutlite Penta S.p.A. from its ultimate parent company, El.En. S.p.A. With this step, TRUMPF is expanding its offerings for customers in the field of customized, large-format, very high-power laser cutting and oversize tube machines. Cutlite will remain an independent brand with its own manufacturing, sales and service facilities and continue to develop and manufacture custom large-format cutting systems.

Through this partnership, TRUMPF is acquiring an established brand with in-house manufacturing capabilities for custom-built machines. TRUMPF plans to enhance Cutlite’s capabilities, expanding the Group's ability to serve the full spectrum of sheet metal fabrication.

Cutlite represents a well-established, independent manufacturing entity with a strong European identity and market position and the capability to produce bespoke, customer-specific machinery.

By acquiring Cutlite and its established subsidiaries, TRUMPF customers gain access to complementary product portfolios. In turn, Cutlite customers gain easier access to the TRUMPF ecosystem while retaining their trusted Cutlite products and services.

“We are committed to a true partnership with a manufacturing partner that operates successfully in a specialized market, backed by proven expertise, an established brand, and customer trust." says Tom Schneider, CTO at TRUMPF Machine Tools. “This enables us to expand our market presence, leverage combined strengths, and drive industry-leading innovation in fiber laser cutting technology while maintaining the established customer relationships and service quality that define both organizations.”

Andrea Cangioli, Managing Director El.En. S.p.A.: “We are pleased to have reached this agreement with TRUMPF, an industrial partner of international standing and recognized technological expertise. We believe this transaction will provide Cutlite Penta with new growth opportunities, enhancing its industrial and technological heritage while preserving its identity. The agreement is based on our conviction that the combination of Cutlite Penta’s longstanding experience and expertise with TRUMPF’s global network can support a further phase of growth and innovation.”

Cutlite has 34 years of experience in high-performance laser cutting systems and specializes in custom-built large-format cutting machines. With very high-power lasers (30-60kW), Cutlite especially offers a wide range of solutions for the replacement of today’s very energy consuming and slow plasma cutting machines. The company develops and manufactures laser cutting machines with about 190 employees in Prato, Italy.

The closing is expected in the second half of 2026 and is subject to customary regulatory approvals.

 

 

 

 

 

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