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Wintrust CEO sees hope for manufacturing

April 30, 2009

The Chicago Tribunehas reported that Edward Wehmer, CEO of Lake Forest, Ill.-based Wintrust Financial Corp., said industrial borrowers are starting to see signs of life in their businesses.During a...

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RathGibson opens Buenos Aires office

April 30, 2009

Lincolnshire, Ill.-based RathGibson, a manufacturer of welded, welded and drawn, and seamless stainless steel, nickel, and titanium tubing, has opened an office in Buenos Aires, Argentina. Led by...

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HRB prices: 'Never-ending bottom'

April 29, 2009

In its latest release of hot-rolled band prices, SteelBenchmarker™'s headline read "never-ending bottom."The bi-monthly SteelBenchmarkerWestern European HRB price for April 27 plummeted 6.0...

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Consulting, prototyping, training available for laser industry

April 27, 2009

Priority Cutting LLC has announced the launch of its new company that focuses on providing comprehensive consulting, prototyping, and training services exclusively for fabricators with CNC lasers.With...

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World steel demand set for sharpest decline since WWII

April 27, 2009

Reuters has reported that the world's steel industry is bracing for the steepest fall in demand since World War II, "as global economic downturn rips through the sector, chopping demand by almost 15...

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TMK IPSCO Kentucky plant ratifies new labor agreement

April 23, 2009

TMK IPSCO was notified yesterday by the United Steelworkers and its Local 1870 that union members at the company's Wilder, Ky., plant have ratified the tentative labor agreement reached last week. The...

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Tube City IMS LLC to be honored for 'green' shipping practices

April 21, 2009

Tube City IMS LLC, a provider of products and services to steel mills and foundries globally, today announced that it is a recipient of CSX Transportation's (CSXT) first-ever Environmental Award. The...

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AK Steel announces stainless steel price increase

April 20, 2009

AK Steel said today that it is increasing base prices for all 200, 300, and 400 series flat rolled stainless steel products by 6 percent to 9 percent, depending upon the grade and product form,...

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Flow, KUKA announce strategic alliance

April 16, 2009

Flow International Corp., a developer and manufacturer of ultrahigh-pressure (UHP) waterjet technology, recently announced the formation of a strategic alliance with KUKA Robot Group, a supplier of...

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Mate Precision Tooling named '2009 Manufacturer of the Year'

April 16, 2009

Anoka, Minn.-based Mate Precision Tooling, a global manufacturer of original and replacement tooling for CNC punch presses, was named "2009 Manufacturer of the Year" by the Manufacturers Alliance.In...

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High-precision inspection/measuring system ensures part quality

April 15, 2009

Sharpe Products, New Berlin, Wis., a provider of custom pipe/tube bending and fabricating services, uses a Tube Inspect S optical tube measuring system to ensure part quality.A tube is placed in a...

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Bender improves product design flexibility and reduces lead time

April 15, 2009

Sharpe Products, New Berlin, Wis., offers enhanced capabilities with its NISSIN 3-D bender.With this machine, tube is guided continuously through a single die according to the programmed specs input...

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Optimism rises among metal forming companies

April 15, 2009

According to the April 2009 Precision Metalforming Association (PMA) Business Conditions Report, metal forming companies are the most optimistic they have been about business conditions since last...

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HRB prices continue to drop

April 15, 2009

The bi-monthly SteelBenchmarkerU.S. HRB price for April 13 plummeted 8.0 percent to $474 per metric ton, FOB the mill, for the 17th consecutive drop. The Chinese HRB ex-works price dropped 5.3 percent...

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Specialty Metals Processing completes Precision Blanking Center

April 14, 2009

Specialty Metals Processing Inc., Stow, Ohio, has announced the completion of its new, $2 million Precision Blanking Center for surface-critical material. The center includes two cut-to-length lines...

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