News

Filter Content

Manufacturing activity up for 19th consecutive month

January 3, 2005

According to the December Manufacturing Institute for Supply Management (ISM) Report on Business®, released January 3, economic activity in the manufacturing sector grew in December for the 19th...

Continue Reading

ISG to restart Indiana plate mill

December 20, 2004

International Steel Group Inc. (ISG) has announced plans to restart its idled 110-inch plate mill located at the company's facility in Burns Harbor, Ind. The mill is expected to begin production early...

Continue Reading

Small business loan programs receive boost

December 17, 2004

On December 17, President Bush signed legislation making more than $21 billion available to small businesses through the Small Business Administration's (SBA's) two main loan programs. The legislation...

Continue Reading

Michigan companies collaborate, receive tax abatements

December 16, 2004

A collaborative of 12 tool, die, and mold-making companies was approved for renaissance recovery status December 16 under a law spearheaded by the Michigan Manufacturers Association (MMA). State and...

Continue Reading

AK Steel announces January surcharges

December 16, 2004

AK Steel has advised its flat-rolled carbon steel customers that a $205 per ton surcharge will be added to invoices for products shipped in January 2005, an increase of $52 from December's surcharge...

Continue Reading

CFOs expect 14 percent capital, technology spending increase

December 14, 2004

According to the December "CFO Outlook Survey," conducted by Financial Executives International and Baruch College's Zicklin School of Business, participating CFOs expect capital spending at their...

Continue Reading

CFOs concerned about health care costs, increasing competition

December 9, 2004

According to the findings of the December Duke University/CFO MagazineBusiness Outlook survey, which asked chief financial officers (CFOs) from a broad range of public and private companies about...

Continue Reading

U.S. job-cut plans increased in November

December 8, 2004

Employment consulting firm Challenger, Gray & Christmas released a report Dec. 7, that said U.S. companies announced 104,530 planned job cuts in November, compared with 101,840 reported in October.The...

Continue Reading

Wolf Robotics hires customer support representative

December 7, 2004

Wolf Robotics has appointed Andy Garcia as customer support representative for part sales.This new position was created to assume current parts sales administration and develop relationships with new...

Continue Reading

Timken elects director

December 7, 2004

The Timken Co.'s board of directors has elected Phillip R. Cox, president and CEO of Cox Financial Corp., as a director of the company.Cox founded Cox Financial Corp., a Cincinnati, Ohio-based...

Continue Reading

SSAB Tunnplt introduces new HSS

December 7, 2004

SSAB Tunnplåt, a developer of advanced high-strength steels, has announced its latest ultrahigh-strength, dual-phase steel, Dogal 800 DPX, a hot-dip galvanized steel that can be rebent without...

Continue Reading

Steel Dynamics breaks ground on Florida joist, deck plant

December 7, 2004

Steel Dynamics Inc. has announced that its New Millennium Building Systems LLC subsidiary conducted a groundbreaking ceremony Oct 22 in Lake City, Fla., embarking on construction of a new $30 million...

Continue Reading

Plymouth Tube to acquire Trent Tube's CWA plant

December 7, 2004

Plymouth Tube Co. has signed a letter of intent to acquire Trent Tube's cold work anneal (CWA) plant located in East Troy, Wis. Syracuse, N.Y.-based Crucible Materials Corp. is Trent Tube's parent...

Continue Reading

Penna Flame Industries increases capabilities

December 7, 2004

Penna Flame Industries has added induction hardening to its surface hardening capabilities.The company also now offers single-tooth contour gear hardening, a process intended to improve gear teeth...

Continue Reading

DOL renews partnership to protect Hispanic workers

December 7, 2004

First created in July 2001, the partnership formalizes a shared commitment by the DOL and the Consulate to educate Hispanics and immigrant workers about their rights and responsibilities in the work...

Continue Reading