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Dana Corp. to access loan, keep operating

March 29, 2006

Auto parts manufacturer Dana Corp. today received court approval for full access to a $1.45 billion loan that will enable the company to continue to operate. The court also consented to let the...

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Nucor CEO urges Washington action on natural gas

March 28, 2006

"Now I don't expect our government to guarantee us low natural gas prices. I do expect that our government will not withhold natural gas supply that they control," said Dan DiMicco, Nucor Corp. vice...

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Roll-Kraft names vice president, U.S. operations

March 27, 2006

Roll-Kraft has promoted Charles (Chuck) J. Summerhill to the position of vice president of U.S. operations.Summerhill has been with the company for 10 years. He served as engineering manager of roll...

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Mittal Steel USA CEO elected AISI chairman

March 22, 2006

Louis L. Schorsch, president and chief executive officer of Mittal Steel USA, will become chairman of the American Iron and Steel Institute April 1.The board of directors of AISI, the trade...

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Nucor to purchase Connecticut Steel assets

March 21, 2006

Nucor Corp. announced today that it has entered into an agreement to purchase substantially all of the assets of Connecticut Steel Corp. for a cash purchase price of approximately $43 million, subject...

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Legislation to lower small business health care costs introduced

March 20, 2006

March 16, House Small Business Committee Chairman Don Manzullo (R-IL) joined Congresswoman Melissa Hart (R-PA) in introducing legislation to help the U.S.'s 25 million small business owners better...

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AK Steel announces carbon steel price increase, surcharges

March 20, 2006

AK Steel has announced that it is increasing spot market prices for its carbon steel products by $30 per ton for all new orders accepted for shipment May 1, 2006 and later.The company also has advised...

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Kennametal announces divestiture of J&L business unit

March 16, 2006

Kennametal Inc., a tooling, engineered components, and advanced materials supplier, announced today that it has signed a definitive agreement with MSC Industrial Direct Co., Inc. to sell its J&L...

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Prima North America names vice president, general manager

March 16, 2006

Prima North America, the North American subsidiary of Prima Industries S.p.A., Torino, Italy, a manufacturer of industrial laser systems, has announced the promotion of Terry VanderWert to senior vice...

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AddisonMckee launches facility in China

March 15, 2006

AddisonMckee, a tube bending and end-forming equipment manufacturer, has announced its expansion into China. The company, with current facilities in Wilmington, Ohio, and Preston, England, has...

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Chrysler Group's Belvidere plant adds second shift

March 14, 2006

The Chrysler Group launched a second production shift at its Belvidere (Ill.) Assembly Plant March 13. The additional shift doubled the plant's production capacity. Production of the 2007 Dodge...

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Toyota, Fuji Heavy to produce Camrys in Indiana

March 13, 2006

The Associated Press has reported that Toyota and Fuji Heavy Industries, maker of Subaru vehicles, will produce the Toyota Camry at the Fuji factory in Lafayette, Ind., beginning in the spring of...

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Kia to build first U.S. plant in Georgia

March 13, 2006

At a ceremony attended by Kia Motors Corp. President E.S. Chung and Georgia Gov. Sonny Perdue in Seoul today, Kia announced plans to construct a $1.2 billion automotive assembly and manufacturing...

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LIA Great Lakes Chapter meeting scheduled for April

March 13, 2006

The Laser Institute of America (LIA) has announced that the first formal meeting of the Great Lakes Chapter will be held Tuesday, April 11, 2006. The meeting will be hosted by TRUMPF, Inc. Laser...

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MG Systems & Welding to be featured on History Channel

March 9, 2006

MG Systems & Welding is being featured on The History Channel's 'Super Tools' series as part of a show about the Newport News Shipyard, which uses the company's TMC4500ST for providing beveled plates...

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