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The Midwest automotive exodus—fact or myth?

July 11, 2006

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While the Midwest has not lagged as far behind in international investment as many believe, the financial struggles of the Big Three have been a substantial economic burden for the region over the last three decades.

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GM to proceed with exploratory talks with Renault, Nissan

July 7, 2006

The General Motors Board of Directors today endorsed a recommendation by the company's senior management that it engage in exploratory discussions with Renault and Nissan regarding GM's potential...

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Hypertherm sixth among SHRM's top 25 Best Medium Companies

July 6, 2006

Metal cutting equipment manufacturer Hypertherm Inc. has been named sixth among the top 25 Best Medium Companies to Work for in America by the Society for Human Resource Management (SHRM) and will be...

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Arcelor shareholders reject Severstal merger

June 30, 2006

Reuters has reported that steelmaker Arcelor's shareholders rejected a merger deal with Russia's Severstal today The action clears the way for an agreed $32 billion takeover by Mittal...

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U.S., Western Europe hot-rolled steel prices up

June 28, 2006

SteelBenchmarker™has reported that the hot-rolled band (HRB) world export price for June 26 was $608 per ton, FOB the port of export, down slightly from the June 12 figure of $610. The HRB price...

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Honda to build manufacturing plant in Indiana

June 28, 2006

Honda today announced plans to build a $550 million automobile plant on a 1,700-acre tract in Decatur County, Indiana, near Greensburg, 50 miles southeast of Indianapolis. The plant will begin mass...

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Graebener Group Technologies appoints president

June 27, 2006

Graebener Group Technologies LLC, Napoleon, Ohio, a joint venture between Automatic Feed Company (AFCo), Graebener Maschinentechnik GmbH and REIKA GmbH, has announced the appointment of Richard A....

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Jury finds welding rod makers not liable

June 27, 2006

The Associated Press has reported that a jury in Cleveland today cleared welding rod makers of any liability for heath problems affecting Ernesto G. Solis, a former civilian worker at a Navy base....

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Mittal Steel Co. NV announces agreement with Arcelor

June 26, 2006

Mittal Steel Company NV today announced that it has reached an agreement with Arcelor to combine the two companies in a merger of equals to create what the company says will be the world's leading...

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Malaysian demand for welding equipment, consumables to expand

June 22, 2006

Frost & Sullivan has reported that demand for welding equipment in Malaysia is set to expand as foreign investment boosts the general level of industrial infrastructure and manufacturing activity in...

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Maintenance Metals & Alloys celebrates 10th anniversary

June 21, 2006

Concord, Ontario-based Maintenance Metals & Alloys Inc. is celebrating its 10th year serving the metals industry with an open house June 23, from 11 a.m. to 6 p.m.The "birthday party" will provide an...

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Senate nixes minimum-wage increase

June 21, 2006

Reuters has reported that the U.S. Senate today defeated a proposal pushed by Democrats that would have given some of the lowest-paid hourly workers a wage boost for the first time in nearly a...

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U. S. Steel opens training center

June 20, 2006

Fairfield Works of United States Steel Corp. held a ribbon-cutting ceremony today to celebrate the opening of a new Maintenance Training Center. The Center occupies 11,000 square feet in the...

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WCI names vice president-operations

June 19, 2006

WCI Steel Inc. announced today that Michael T. Adams has been named vice president-operations, effective today.Adams has more than 22 years of steel industry experience, serving in managerial and...

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AK Steel announces stainless sheet price increase

June 19, 2006

AK Steel said today that it is increasing transaction prices for all hot-rolled and cold-rolled stainless steel sheet and strip products, tubular-quality products, and continuous mill plate products...

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