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DaimlerChrysler management restructuring to cut 6,000

January 24, 2006

DaimlerChrysler today introduced a new management model intended to further integrate the company's functions, focus operations on core processes, and encourage internal collaboration. The plan also...

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Olympic Steel, U.S. Steel to close OLP joint venture

January 23, 2006

Olympic Steel Inc., a national steel service center, and United States Steel Corp. jointly announced plans to close their Olympic Laser Processing (OLP) joint venture facility in Detroit. OLP...

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Ford to idle 14 plants

January 23, 2006

The Ford Motor Co. today announced its "Way Forward" restructuring plan designed to help the company reverse its $1.6 billion loss in 2005 and prepare its North American business for global...

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U.S. industrial production increased in December

January 17, 2006

According to the Industrial Production and Capacity Utilization report released today by the Federal Reserve, U.S. industrial production increased 0.6 percent in December after gains of 0.8 percent in...

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Gerdau Ameristeel announces leadership changes

January 16, 2006

Gerdau Ameristeel Corp. has announced leadership changes.Andre Johannpeter, currently chief operating officer for Gerdau Ameristeel, is returning to the Gerdau Group Corporate Office in Porto Alegre,...

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TRUMPF announces management changes

January 16, 2006

TRUMPF Inc. has appointed Peter Grollmann as the new product manager for laser marking. He is responsible for managing TRUMPF's laser marking products in North America.An electronics and optical...

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American Axle & Manufacturing to build plant in China

January 12, 2006

American Axle & Manufacturing Holdings Inc. today announced that it will establish a manufacturing facility in Changshu, China, near Shanghai. The company has acquired land-use rights for...

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Timken to expand Virginia bearing plant production

January 11, 2006

The Timken Co. today announced plans to invest approximately $10 million in its bearing plant in Altavista, Va., enabling expanded manufacturing of replacement wheel-hub bearing assemblies for...

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Software theater demonstrates pipe cut programming

January 10, 2006

Mazak Optonics, Schaumburg, Ill., hosted a real-time software theater at FABTECH Intl./AWS that demonstrated the use of FG CAD/CAM software for programming of pipe parts. Spectators interacted with...

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Swedish Steel Prize 2005 winner announced

January 10, 2006

SSAB Swedish Steel, Stockholm, has named CMT the Swedish Steel Prize 2005 recipient. CMT specializes in hooklift containers for use in road transport.The panel chose the winner based on the choice of...

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Kramski hires Advance Tech Industries

January 10, 2006

Kramski North America Inc., Largo, Fla., part of the Kramski Group, has contracted with Advanced Tech Industries Inc., Arlington, Texas, to represent the company in Texas, Oklahoma, Arkansas,...

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Harris Calorific, Airgas form agreement

January 10, 2006

Harris Calorific Inc., Gainesville, Ga., and Airgas Inc., Radnor, Pa., have announced an agreement to jointly market gases and gas control equipment for CO2lasers used in materials processing.With the...

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AW Precision opens facility in Belgium, expands operations

January 10, 2006

AW Precision LLC, Milwaukee, has opened a manufacturing facility in Belgium known as AW Precision BVBA.The goal of the new facility is to strengthen its mainland European service to meet the demands...

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BOC adds Merriam-Graves to distributor network

January 10, 2006

The BOC Group, Murray Hill, N.J., has added Merriam-Graves, Charlestown, N.H., to its network of independent distributors.Merriam-Graves is a privately held distributor of industrial, medical, and...

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Specialty Metals opens second facility

January 10, 2006

Specialty Metals Processing has moved its corporate staff to its new Finishing Facility in Akron, Ohio.The facility was designed for precision grinding, polishing, and buffing sheet and plate and...

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