Universal's service deal a ‘win-win’: exec

Feb 12, 2014 | 05:41 PM | Rey Mashayekhi

Tags  Dennis Oates, Universal Stainless & Alloy Products, Haynes International, specialty steel, steel alloys, aerospace, Rolls-Royce, Rey Mashayekhi

NEW YORK — Universal Stainless & Alloy Products Inc.’s long-term service agreement with Haynes International Inc. is "a win-win for both (companies)," Universal chairman, president and chief executive officer Dennis Oates told AMM.

The deal, announced in October, sees the Bridgeville, Pa.-based specialty alloy producer provide Kokomo, Ind.-based Haynes with "vacuum induction melting (VIM) capacity, as well as forging services on a conversion basis," in exchange for "technology expertise for producing nickel-based alloys" from Haynes (amm.com, Oct. 29).....

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