News

Filter Content

DaimlerChrysler, GM sign hybrid-vehicle pact

August 25, 2005

Reuters has reported that DaimlerChrysler AG and General Motors Corp. have finalized a deal to co-develop new hybrid vehicle technology. According to a GM spokesperson, the "binding and definitive...

Continue Reading

Durable goods orders down sharply in July

August 24, 2005

New orders for manufactured durable goods in July decreased $10.6 billion or 4.9 percent to $204.7 billion, the U.S. Census Bureau announced today. This followed a 1.9 percent June increase. The...

Continue Reading

Mass layoffs up in July

August 23, 2005

In July 2005, employers took 1,249 mass layoff actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the Bureau of Labor Statistics of the U.S....

Continue Reading

Whirlpool, Maytag sign merger agreement

August 22, 2005

Whirlpool Corp. and Maytag Corp. today signed a definitive merger agreement in which Whirlpool will acquire all outstanding shares of Maytag in a cash and stock merger valued at $21 per share. One...

Continue Reading

Timken names vice presidents

August 19, 2005

The Timken Company, based in Canton, Ohio, announced today that Donna J. Demerling has been named senior vice president - quality and Lean Six Sigma. Demerling, who previously was senior vice...

Continue Reading

WCI Steel files reorganization plan

August 17, 2005

Warren, Ohio-based WCI Steel, Inc. announced Aug. 16 that a Plan of Reorganization approved by the company's independent board of directors has been filed in the U.S. Bankruptcy Court for the Northern...

Continue Reading

Dofasco to acquire Copperweld businesses

August 17, 2005

Dofasco Inc., Hamilton, Ont., today announced that it has signed an agreement to acquire certain assets currently owned by Copperweld Holding Company of Pittsburgh, Pennsylvania through a transaction...

Continue Reading

Aerospace employment growth continues

August 16, 2005

According to the Aerospace Industries Association (AIA), aerospace industry employment continued a positive trend that started last year, adding 11,100 jobs since the end of 2004.Statistics compiled...

Continue Reading

CMC acquires Juarez, Mexico joist manufacturing operation

August 16, 2005

Irving, Texas-based Commercial Metals Company (CMC) announced today the acquisition of substantially all of the operating assets of the Juarez, Mexico joist manufacturing facility from a subsidiary of...

Continue Reading

Whirlpool increases offer to buy Maytag

August 15, 2005

On August 10 Whirlpool increased its offer to buy Maytag a third time, proposing to buy the company for $1.79 billion, or $21 a share, in a half cash, half stock deal. The move prompted Maytag to...

Continue Reading

AK Steel announces September surcharges

August 15, 2005

AK Steel has advised its flat-rolled carbon steel customers that a $157 per ton surcharge will be added to invoices for products shipped in September 2005. The company also has advised its electrical...

Continue Reading

Conference focuses on materials

August 9, 2005

Five materials-related societies have joined forces to create Materials Science & Technology 2005 (MS&T '05), a technical gathering on the latest developments in materials research and applications....

Continue Reading

LIA announces safety events

August 9, 2005

The Laser Institute of America (LIA), Orlando, Fla., has announced its safety training courses for the remainder of 2005. The schedule includes the following courses:Laser Safety Officer...

Continue Reading

Lincoln Electric announces executive management appointments

August 9, 2005

Lincoln Electric International Holding Co., a subsidiary of Lincoln Electric Holdings Inc., has announced that David M. LeBlanc has been appointed president of Lincoln Electric Europe, succeeding...

Continue Reading

LINPAC redesigns catalog, Web site

August 9, 2005

LINPAC Materials Handling, Georgetown, Ky., has redesigned its full-line catalog and Web site.The updated catalog contains fork opening dimensions and drawings for all product lines and includes new...

Continue Reading