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Manufacturers optimistic despite growing concerns

February 24, 2005

According to PricewaterhouseCoopers' Manufacturing Barometer, U.S. industrial manufacturers remain upbeat about the economy. 84 percent believe it is growing. However, foreign competition, oil/energy...

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U.S. Steel to build galvanizing facility in Slovakia

February 23, 2005

United States Steel Corp. has announced that it will build a new hot dip galvanizing (HDG) facility at the company's steelmaking operation in Slovakia—U.S. Steel Kosice (USSK). With an annual...

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Olympic Steel announces management changes

February 23, 2005

David A. Wolfort, president and COO of Olympic Steel Inc., announced today that Jerry Gea, regional vice president–eastern region, is retiring March 1. Gea's career spanned more than 35 years,...

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February employment growth exceeds January pace

February 22, 2005

According to new numbers from the Leading Indicator of National Employment (LINE), February's employment growth exceeded the sluggish pace seen in January. New job growth remains encouraging as most...

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U.S. Steel endorses Michigan governor's tax package

February 21, 2005

United States Steel Corp., one of Detroit's largest employers, today announced its support of Gov. Jennifer Granholm's Single Business Tax (SBT) reform, saying the package, as proposed by the...

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Mueller Industries appoints board director

February 18, 2005

Mueller Industries Inc., a manufacturer of tube and fittings, has announced that Alexander P. Federbush has joined the company's board of directors.Federbush is president of the Queens West...

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IPSCO establishes Frontier Pipe Research Unit

February 17, 2005

IPSCO Inc. today announced an investment of $3.5 million to set up a Frontier Pipe Research Unit specifically dedicated to accelerating development of the company's large diameter capability. The...

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CITAC announces new management team

February 16, 2005

The Consuming Industries Trade Action Coalition (CITAC) has chosen The CMR Group, a Washington-based Public Affairs and Government Relations Consulting Firm, to serve as the new management arm of the...

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Steel appliances help families communicate

February 16, 2005

Steel, most frequently connected with the safety it provides in the family car, also has endeared itself to parents because of its significant role in family communications, according to a survey...

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Jury blames Textron Lycoming for engine failures

February 16, 2005

A jury in Grimes County, Texas has found Textron Lycoming liable for fraud and ordered the company to pay approximately $96 million to Navasota, Texas-based Interstate Southwest Ltd. The verdict came...

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Government support for steel hurts automotive suppliers

February 16, 2005

Distortions in the steel market, including the record high price of steel, are being fostered by the U.S. government and are causing a crisis that has impacted automotive and heavy duty suppliers...

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AK Steel announces March surcharges

February 16, 2005

AK Steel has advised its flat-rolled carbon steel customers that a $214 per ton surcharge will be added to invoices for products shipped in March 2005, an increase of $18 from February's surcharge of...

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Most workers confident in companies' leaders

February 15, 2005

In a recent survey developed by Robert Half Management Resources, 47 percent of employees said they are very confident in their firms' senior management, while 38 percent are somewhat confident."There...

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Alcan to acquire packaging plant in Poland

February 15, 2005

Alcan Inc. announced today that it has reached an agreement with the UK administrators of Parkside International to acquire the assets of Parkside's flexible food packaging plant in Zlotow, Poland.The...

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IAL president/COO announces retirement

February 14, 2005

International Aluminum Corp. (IAL) has announced that David C. Treinen, president and COO, advised the company's Board of Directors at its February 9, 2005 meeting that he will be retiring at the end...

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