The National Institute for Metalworking Skills (NIMS), Fairfax, Va., has announced new funding in partnership with the National Network of Business and Industry Associations, an effort led by Business Roundtable and ACT Foundation, aimed at advancing skills, training, and talent development for the...

The Fabricators & Manufacturers Association Intl. (FMA), Rockford, Ill., is seeking applicants for The FABRICATOR®'s 2016 Industry Award. For the past nine years, this award has celebrated companies or individuals in the metal forming and fabricating industry that have successfully improved...

Cincinnati Sub-Zero, based in Cincinnati, is celebrating its 75th anniversary of providing temperature-management systems to a variety of industries. The company has been owned by the same family since it was founded in 1940 by Robert Jacobson as a distributor of the first practical freezer for...

Caterpillar Inc., Peoria, Ill., has announced significant restructuring and cost-reduction actions that are expected to lower operating costs by about $1.5 billion annually once fully implemented. The cost-reduction steps will begin in late 2015 and reflect recent, current, and expected market...

Ferragon Corp. has received $22.3 million in financing to create a continuous annealing toll processing operation in Gibraltar, Mich., that will become operational in late 2016. Once complete, the 550,000-sq.-ft. facility will create about 100 new jobs for local residents. Based in...

Boston-based alternative asset management firm Audax Group has announced that it has acquired Techniks Industries, a provider of industrial cutting tools and toolholders, from Tenex Capital Management, a private equity firm based in New York. Techniks Industries, Indianapolis, was formed by the...

Portland, Ore.-based Sapa, a provider of aluminum extrusions, building systems, and precision tubing, has completed an asset purchase agreement with Northwest Aluminum Specialties Inc. to acquire its casting plant in The Dalles, Ore. This facility brings Sapa's North American cast house network to...

Numet Machining Techniques, Orange, Conn., a manufacturer of precision metal components and assemblies for jet turbine engines, has signed long-term agreements (LTAs) with three customers in excess of $170 million. This increases the company’s backlog through 2020 to more than $250 million....

Michigan Mfg. Intl. (MMI) has announced that its manufacturing facility in Stevensville, Md., has received ISO 9001:2008 certification. The company supplies manufactured-to-print assemblies and components to OEMs. Products include assemblies, castings, stampings, machined parts, gears, and...

The new report “Global Markets and Technologies for Inorganic Metal Finishing Processes (MFG019D)” from BCC Research reveals that increased globalization of businesses and markets for metal finishing equipment will determine the direction of the industry’s growth. The global market for...

Alba Mfg., a provider of pre-engineered, heavy-duty roller conveyor systems, has announced plans to expand in Fairfield, Ohio, with completion expected by March 2016. Warehouse and manufacturing space will be increased by more than 30 percent. p> The expansion also will drive a 10 to 15...

Epic Systems Inc. has been named one of the 25 Fastest Growing Companies in St. Louis by the St. Louis Business Journal. Its growth has been supported by an influx of pilot plant design and fabrication projects over the last several years. The awards honor private businesses from St. Louis based...

Benton Harbor, Mich.-based appliance manufacturer Whirlpool Corp. has been recognized for its commitment to sustainability and natural resource efficiency with inclusion on the 2015 Dow Jones Sustainability North America Index. The annual review identifies the top-scoring companies in 24 industry...