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ALGOR opens California office

June 12, 2007

ALGOR® Inc., Pittsburgh, a provider of design, analysis, and simulation software, has opened an office in Santa Clarita, Calif.The company provides finite element analysis (FEA) software, which...

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American Torch Tip buys Precision Products

June 7, 2007

The American Torch Tip Co. (ATTC) has announced that it has purchased the Precision Products Co. of Canaan, N.H.Precision Products specializes in manufacturing plasma torches and consumables used...

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Mate appoints president, vice chairman

June 5, 2007

Dean A. Sundquist, chairman and CEO of Mate Precision Tooling, has announced the appointment of Jack Schneider to the newly created position of vice chairman and Kevin Nicholson to the position of...

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Kennametal president, CEO named best CEO

June 1, 2007

Kennametal Inc., LaTrobe, Pa., has announced that President and CEO Carlos Cardoso has been named one of the best CEOs by Institutional Investormagazine. This recognition places Cardoso among the top...

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Steel prices weak

May 31, 2007

SteelBenchmarker™reported that the U.S. hot-rolled band (HRB) spot price for May 28 slipped 0.8 percent to $608 per metric ton, FOB the mill for the third consecutive drop. The world export HRB...

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U.S. nail producers file dumping case

May 30, 2007

Five U.S. steel nail producers have filed antidumping duty petitions alleging that dumped imports of nails from the People's Republic of China and the United Arab Emirates (UAE) are causing material...

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ITW acquires Tregaskiss

May 24, 2007

Illinois Tool Works has acquired Tregaskiss Welding Products, a Canadian welding company.Tregaskiss, a maker of robotic and semi-automatic welding torches, has 179 employees and supplies products to...

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Metal forming companies anticipate slight improvement

May 22, 2007

According to the May 1, 2007, Precision Metalforming Association (PMA) Business Conditions Report, metal forming companies anticipate a slight improvement in general business conditions and incoming...

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Steel prices on the move

May 17, 2007

SteelBenchmarker™reported that the U.S. hot-rolled band (HRB) spot price for May 14 dropped 1.9 percent to $513 per metric ton, FOB the mill for the second consecutive drop. The world export HRB...

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FANUC Robotics receives GM Supplier of the Year award

May 16, 2007

FANUC Robotics America, Inc., a supplier of industrial robots, was presented the General Motors 2006 Supplier of the Year award for its overall business performance in providing GM with world-class...

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Chrysler Group sold to Cerberus

May 14, 2007

DaimlerChrysler AG has announced that it is selling 80.1 percent of the Chrysler Group for $7.4 billion to Cerberus Capital Management LP, a private equity firm. Daimler Chrysler will keep 19.9...

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II-VI names CEO

May 10, 2007

II-VI Inc. has announced that its board of directors has named Francis J. Kramer to succeed Carl J. Johnson as company CEO, effective July 1, 2007. Dr. Johnson will remain an executive of the company...

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Gas Innovations expands office space

May 8, 2007

Gas Innovations, Houston, an independent gas wholesaler, equipment, and services provider serving industrial gas producers and distributors, has added 3,400 square feet of office space to its La...

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Bosch Rexroth launches new Web site

May 8, 2007

Bosch Rexroth has launched a new Web site intended to help automotive companies and their suppliers improve productivity, reliability, and efficiency in all areas of manufacturing, the company...

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Serapid announces new sales staff member

May 8, 2007

Serapid Inc., Sterling Heights, Mich., has added Eric Petterson to its sales staff. Petterson joined the Quick Die Change sales division in March 2007.Serapid is an industrial manufacturing company...

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